Uncovered definition

Uncovered means the removal of having had ground cover removed from, on, or above the soil

Uncovered means a roof where at least 65 percent or more of the roof area is permanently open to the passage of light and air. (Ord. 1971 § 2, 2005)

Uncovered means the removal of ground cover from, on, or above the soil surface.

Examples of Uncovered in a sentence

• On each Determination Date, the Servicer shall calculate the Aggregate Investor Default Amount and any Investor Uncovered Dilution Amount for the related Distribution Date.

• On each Determination Date, the Issuer shall calculate the Investor Default Amount and any Investor Uncovered Dilution Amount for the preceding Monthly Period.

• Uncovered dumpsters shall be placed under a roof or be covered with tarps or plastic sheeting.

• If, on any Transfer Date, the sum of the Investor Default Amount and any Investor Uncovered Dilution Amount for the preceding Monthly Period exceeds the amount of Available Finance Charge Collections allocated with respect thereto pursuant to Section 4.4(a)(vi) with respect to such Transfer Date, the Collateral Amount will be reduced (but not below zero) by the amount of such excess (such reduction, an “Investor Charge-Off”).

• Uncovered option writing is thus suitable only for the knowledgeable investor who understands the risks, has the financial capacity and willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements.

More Definitions of Uncovered

Uncovered means having had ground cover removed from, on, or above the soil surface.

Uncovered means Authorized Channel has not sold a Service Contract for a Product sold to an End- User customer.

Uncovered means, in relation to an issue of warrants, that the underlying securities are not held by a custodian;

Uncovered means the underlying Shares are not held by a custodian for the benefit of Securityholders;

Uncovered means a short position in an options contract that is not covered.

Uncovered or “naked” short selling of securities effected at or through The Stock Exchange of Hong Kong Limited is a criminal offence; and (b) Hong Kong laws impose restrictions on the short selling of securities at or through The Stock Exchange of Hong Kong Limited. In respect of an order to sell securities at or through The Stock Exchange of Hong Kong Limited, the Customer represents and warrants that: (i) it has a presently exerciseable and unconditional right to vest the securities in the purchaser of the securities; and (ii) such order is not a “short selling order” as defined under the Securities and Futures Ordinance (Cap. 571). The Customer undertakes to give the Bank such information and/or assurances in relation to the ownership of securities as the Bank may require before the selling order is placed. If the Bank inadvertently accepts or executes any sale order in which the Customer does not have a presently exerciseable and unconditional right to vest the securities in the purchaser of the securities, or any short selling order, the Bank may in its sole discretion cancel the transaction or obtain the relevant securities from the market or otherwise for delivery, as applicable. In either case, the Customer shall fully indemnify the Bank against any and all losses and liabilities incurred in connection therewith.

Uncovered short selling at or through the SEHK is illegal unless at the time of the sale order the seller reasonably and honestly believes he has a presently exercisable and unconditional right to vest the securities in the purchaser of them; and