Additional Cover definition

Additional Cover means the overcollateralisation of the Cover Pool by the Issuer from Substitute Assets or Mortgage Assets (as determined by the Issuer in its sole discretion) to pay the Issuer’s obligations under the Transaction Documents to the Agents, the Security Agent, the Calculation Agent, the Cover Monitor, the Offshore Account Bank, the Covered Bond Calculation Agents and any other Other Secured Creditor permitted by Article 29 of the Covered Bonds Communiqué to benefit from such overcollateralisation (for the purpose of clarification, the Issuer is not required by the Covered Bonds Communiqué to provide any Additional Cover). To the extent that the Issuer has not provided Additional Cover, the Other Secured Creditors will not be permitted to have recourse to the Cover Pool. Each such asset shall be an “Additional Cover Cover Pool Asset.” Any such assets shall be specifically identified by the Issuer in the Cover Register. For the avoidance of doubt, the Additional Cover Cover Pool Assets do not include the Mandatory Excess Cover.
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Additional Cover means the overcollateralisation of the Cover Pool by the Issuer from Substitute Assets or Mortgage Assets (as determined by the Issuer in its sole discretion) to pay the Issuer’s obligations under the Transaction Documents to the Agents, the Security Agent, the Calculation Agent, the Cover Monitor, the Offshore Account Bank and any other Secured Creditor permitted by Article 29 of the Covered Bonds Communiqué to benefit from such overcollateralisation; it being understood that the Issuer is not required by the Covered Bonds Communiqué to provide any Additional
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Additional Cover means cover available under the Eligibility Conditions which a Sunsuper for life Corporate Member makes on application to the Company subject to Evidence of Insurability.
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Examples of Additional Cover in a sentence

  • The 4WD Additional Cover is only available with 4WD Camper hires and when the High Road Reduction Option has been purchased.

  • Thereafter a charge of $0.55 including GST per kilometre may apply except if You have purchased the 4WD Additional Cover or the 500-kilometre pack and it applies.

  • The 4WD Additional Cover is only available with 4WD Camper hires and when the Reduction Option 2 (VIP Cover) has been purchased.

  • The guarantees of this Additional Cover shall apply only if the serious illness is medically confirmed during the term of the Schedule and prior to the end of the annuity where the Insured/Insured Person reaches the age of sixty-five (65).

  • The hospitalisation period shall be determined by the treating physician, and according to that decision we shall determine whether or not the relative excess stipulated in this Additional Cover is applied.

  • Thereafter a charge of $0.55 per kilometre may apply except if You have purchased the 4WD Additional Cover or the 500-kilometre pack and it applies.

  • Thereafter a charge of AU$0.55 per kilometre may apply except if You have purchased the 4WD Additional Cover or the 500-kilometre pack, as applicable.

  • In order to ensure that all drivers have the Additional Cover when they start you will need to sign up to the Amazon Additional Cover Insurance before you can deliver for Amazon.

  • You must read the terms and conditions of the Additional Cover Insurance for the full terms of the excess.

  • If you meet the eligibility criteria (see below), we will arrange the Additional Cover insurance for you.

Related to Additional Cover

  • Additional Covenant means any covenant in respect of the financial condition or financial position of the Company, including, but not limited to, covenants that specify or require the maintenance of certain financial ratios applicable to the Company, and the default provision related thereto (regardless of whether such provision is labeled or otherwise characterized as a covenant or a default).

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Initial Covered Debt means the Corporation’s 6.25% Notes due 2036, CUSIP No. ▇▇▇▇▇▇▇▇▇.

  • Additional Cost Rate has the meaning given to it in Schedule 4 (Mandatory Cost formulae).