Common use of Amount Covered Clause in Contracts

Amount Covered. The amount covered under this Agreement shall be the Turnover, that is, the whole of the Insured Receivables coming into existence at any time during the Period of Cover and shall form the basis for calculation of amount of Premium payable by the Insured to the Insurer.

Appears in 3 contracts

Sources: Export Receivables Insurance Agreement, Export Receivables Insurance Agreement, Export Receivables Insurance Agreement