Minimum Coverage Amounts Sample Clauses

Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts. Should a payment obligation under Section 4.1(d), 4.1(e) or 4.19 arise in the following year (with “Year 1” meaning the first year in which a The minimum coverage for such FILOT Payment is due hereunder): year is: 1 $21,474 2 $42,948 3 $64,422 4 $85,896 5 $107,370 6 $128,844 7 $150,318 8 $171,792 9 $171,792 10 $171,792 11 $171,792 12 $171,792 13 $171,792 14 $171,792 15 $171,792 16 $150,318 17 $128,844 18 $107,370 19 $85,896 20 $85,896 21 $85,896 22 $64,422 23 $42,948 24 $21,474 Exhibit C Joinder Agreement Reference is hereby made to (i) that certain Fee Agreement effective May 2, 2022 (“Fee Agreement”), between Darlington County, South Carolina (“County”) and Fairfield Solar, LLC (“Company”).
Sample 1
Minimum Coverage Amounts. Without limiting Company's liability to WFB or its affiliates under other sections of this Agreement, Company, at its sole cost and expense, will maintain, secure and keep in force during the term of this Agreement, adequate insurance coverages with respect to the Company's potential liability, with coverages and limits that are, at a minimum (and without limiting Company's obligation to maintain adequate coverages), substantially similar in type and amount to those that are in effect with respect to Company's potential liability as of Effective Date of this Agreement. Without limiting the foregoing, Company represents and warrants that Company maintains, as of the Effective Date of this Agreement, insurance coverages of the types and with limits as set forth below:
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Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts. Should a payment obligation under Section 4.1(d), 4.1(e) or 4.19 arise in the following year (with “Year 1” meaning the first year in which a The minimum coverage for such FILOT Payment is due hereunder): year is: 1 $4,445.44 2 $8,890.88 3 $13,336.32 4 $17,781.76 5 $22,227.20 6 $26,672.65 7 $31,118.08 8 $35,563.53 9 $35,563.53 10 $35,563.53 11 $35,563.53 12 $35,563.53 13 $35,563.53 14 $35,563.53 15 $35,563.53 16 $31,118.08 17 $26,672.65 18 $22,227.20 19 $17,781.76 20 $17,781.76 21 $17,781.76 22 $13,336.32 23 $8,890.88
Sample 1
Minimum Coverage Amounts. Minimum coverage amounts for policies of insurance to be obtained and maintained by the Architect and each Consultant are:
Sample 1
Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts. Should a payment obligation under Section 4.1(d), 4.1(e) or 4.19 arise in the following year (with “Year 1” meaning the first year in which a The minimum coverage for such FILOT Payment is due hereunder): year is: 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 24 [INSERT PROPORTIONATE AMOUNTS BASED ON PROPOSED BOND COVERAGE FOR OVERALL PROJECT SET FORTH BELOW. THE PROPORTIONATE AMOUNT SHALL BE BASED ON THE PROPORTION OF THE INVESTMENT LEVEL FOR EACH PROJECT SET FORTH IN THE INDUCEMENT RESOLUTION TO THE TOTAL INVESTMENTS FOR ALL PROJECTS SET FORTH IN THE INDUCEMENT RESOLUTION.] Year Bond Coverage Requirement 1 500,000 2 1,000,000 3 1,500,000 4 2,000,000 5 2,500,000 6 3,000,000 7 3,500,000 8 4,000,000 9 4,000,000 10 4,000,000 11 4,000,000 12 4,000,000 13 4,000,000 14 4,000,000 15 4,000,000 16 3,500,000 17 3,000,000 18 2,500,000 19 2,000,000 20 2,000,000 21 2,000,000 22 1,500,000 23 1,000,000
Sample 1
Minimum Coverage Amounts. Subcontractor shall maintain the following policies and minimum amounts: Workers Compensation Coverage The Subcontractor shall maintain workers compensation insurance for all workers compensation obligations imposed by State and Federal Laws, or a valid certificate of exemption issued by the State of Florida, or an affidavit in accordance with Chapter 440 of the Florida Statutes. Subcontractor shall also purchase any other coverages required by law for the benefit of employees. The minimum amount of coverage shall be $1,000,000 each accident.
Sample 1
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Minimum Coverage Amounts. Insurance policies of CONTRACTOR shall be in at least the following minimum coverage amounts: Workers Compensation Statutory Limits Professional Liability $1,000,000 Employers Liability $1,000,000 Commercial General Liability (including coverage for Bodily Injury or Death, Property Damage and Automobile Liability-Property Damage, Bodily Injury or Death) Per Occurrence $1,000,000 Aggregate $3,000,000
Sample 1
Minimum Coverage Amounts 
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Related to Minimum Coverage Amounts

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Cash Flow Coverage The Borrower shall maintain at all times a Cash Flow Coverage of not less than one hundred twenty five percent (125%), calculated at the end of each fiscal quarter (using a rolling four quarters of Net Income).

  • Minimum Cash A. Minimum daily balance of cash and Permitted Cash Equivalent Investments of Borrower and its Subsidiaries during the most recently ended fiscal quarter of Borrower: $

  • Interest Coverage As of the end of any fiscal quarter, the Borrowers will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense for the four (4) consecutive fiscal quarters then ending to be less than 4.25:1.

  • Continuing Coverage If a letter of assurance is obtained from any insurer under a Hazard Insurance policy or a Flood Insurance policy that the insurance coverage shall continue in full force and effect, the Servicer shall deposit such letter in the appropriate Servicer Mortgage Loan File.

  • Minimum Debt Service Coverage The Borrower will not at any time permit the outstanding principal amount of the Unsecured Indebtedness to exceed an amount such that: (a) the Unencumbered Net Operating Income, divided by (b) Pro Forma Unsecured Debt Service Charges would be less than 1.5 for any Fiscal Quarter.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Minimum Claims 10.2.1 The Seller shall not be liable under this Agreement for breach of any Seller’s Warranty in respect of any individual claim (or a series of claims arising from similar or identical facts or circumstances) where the liability agreed or determined (disregarding the provisions of this Clause 10.2) in respect of any such claim or series of claims does not exceed 0.1 per cent of the Headline Amount.

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