Coverage Ratio
Coverage Ratio. Shall mean, as of any date of calculation, that number of Pledged Shares (not to exceed the Total Shares) equal to the quotient of fifty percent (50%) of the Indebtedness divided by the Deemed Value of one (1) share of ADA Stock.
Found in
ADA-ES INC contract
Coverage Ratio. As of any date, the ratio of the aggregate Collateral Value of all Eligible Collateral to the Exposure.
All Definitions
Found in
MONTPELIER RE HOLDINGS LTD contract