Insured Percentage definition

Insured Percentage means the percentage of coverage corresponding to each Reference Tranche specified in Item 9 of the Declarations.

Insured Percentage means the percentage of the Insured Investment insured under this Insurance Policy as set forth in Item 9 of the Schedule.

Insured Percentage means the percentage of coverage, applicable to the buyer credit limit, as specified in the declarations or in a special buyer credit limit endorsement.

Examples of Insured Percentage in a sentence

• The amount shall not exceed the Insured Percentage of the Collection Costs and, if the total debts owed to the Insured by the Buyer exceed the Credit Limit, the amount of Collection Costs to which the Insured Percentage may be applied will be reduced in the proportion that the Insured Percentage of the Credit Limit bears to the total debts owed.

• Upon expiry of the Waiting Period, all external costs and expenses incurred by the Insured in the course of taking reasonable measures relating to the prevention or minimising of a Loss shall be for the account of the Insurer and the Insured in accordance with the relative proportions of the Insured Percentage and Uninsured Percentage.

• Where a Buyer is part of a Group, the Insurer’s liability for any Loss shall be limited to the Insured Percentage of the Credit Limit approved individually for each entity, up to but not exceeding the approved aggregated credit exposure limit for the Group.

• All costs that are incurred in the process of loss minimisation shall be borne by the Insured except any extraordinary costs incurred as a result of specific instruction by Insurers to minimise a potential Loss under this Policy and in such event such costs shall be shared by Insurers and the Insured in the proportion of the Insured Percentage and Uninsured Percentage.

• Irrespective of the Policy Maximum Liability, we will not pay a claim for any amount in excess of the Insured Percentage of the Insured Credit Limit for that Insured Customer.

More Definitions of Insured Percentage

Insured Percentage means the percentage of the Credit Limit insured under this Policy and specified in the Credit Approval.

Insured Percentage means the share of ECGC in the INSURED LOSS suffered by you and agreed to be indemnified by ECGC pursuant to the policy and shall always be subject to the amount of aggregated liability and credit limit. The Insured Percentage is as specified in the schedule.

Insured Percentage means a percentage of the Insured Loss covered by the Insurer.

Insured Percentage means the percentage specified in Item XII. of the Policy Declarations.

Insured Percentage means the applicable percentage, stated in Item 10. of the Schedule, of the amount of each and every Loss which is to be insured under this policy.

Insured Percentage means the percentage of the interest due and payable in respect of the Insured Notes insured under this Insurance Policy as set forth in Item 10 of the Declarations.

Insured Percentage means the percentage described as such in the Schedule;