Final Loss definition

Final Loss means, with respect to any Mortgaged Property, the positive difference, if any, between (a) the Obligations unpaid at the time of calculation and (b) the sum of the amounts realized from the sale of the applicable REO Property or the value of the REO Property determined as set forth below, together with Net Operating Income from the time the applicable property becomes an REO property, as of the Final Loss Date.
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Final Loss means, with respect to any Affected Reference Obligation, subject to a minimum of zero per cent. and a maximum of 100 per cent., an amount expressed as a percentage determined by the Buyer equal to:
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Final Loss means, in respect of each Matter, the Loss incurred by Aegerion and its Subsidiaries prior to the Closing in respect of such Matter, including any Loss to be incurred by Aegerion and its Subsidiaries pursuant to the Final Resolution of such Matter.
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Examples of Final Loss in a sentence

  • Final Loss Payments will be processed when the loan is liquidated.

  • The Finance Office will close out the estimated loss account as a Final Loss at the time notification of payment in full is re- ceived.

  • Foreclosure Mediation:You will have the opportunity to request foreclosure mediation after you receive the Final Loss Mitigation Affidavit.

  • You qualify for foreclosure mediation only after the Final Loss Mitigation Affidavit has been filed with the court.

  • I received an ITD file from a Fund that uses an obsolete Transaction Code “340” (Final Loss Payment).

  • For the avoidance of doubt, if a sale of the Reference Obligation occurs as a result of the Quotation process described above, such sale price shall be used in determining the Actual Recovery as described below under Clause 5 and the Final Price (after the Final Loss Determination Amount shall be deemed to have been determined).

  • For the avoidance of doubt, on any date on which an Interim Loss Determination Amount or Final Loss Determination Amount is determined for a Defaulted Reference Obligation, the Expected Recovery Determination Amount for such Reference Obligation shall be reduced to zero.

  • As such, both Hypotheses 11 and 12 were supported and confirmed.Table 3.

  • For the avoidance of doubt, all work-out processes will be conducted by the Servicer according to established procedures (applicable to loans that are similar in type to the Reference Obligation irrespective of its inclusion in the Reference Portfolio), and shall be deemed to continue until the Final Loss Determination Date.

  • Charles Deane, "The Struggle to Maintain the Charter of King Charles the First, and its Final Loss in 1684," in Winsor, Memorial History of Boston (Boston, 1980), i, 329-382.


More Definitions of Final Loss

Final Loss shall have the meaning set forth in Section 10.4(e).
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Final Loss means, with respect to any Mortgaged Property, the positive difference, if any, between (A) the Obligations unpaid at the time of calculation and (B) the sum of the amounts realized from the sale of the applicable REO Property or the value of the REO Property determined as set forth below, together with Net Operating Income from the time the applicable property becomes an REO property, as of the Final Loss Date.
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Final Loss has the meaning attributed to such term in Section 7.10(5).
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Final Loss means, with respect to any Affected Reference Obligation, subject to a minimum of 0% and a maximum of 100%, an amount expressed as a percentage equal to:
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Related to Final Loss

  • Residual Loss means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Electrical Losses means all applicable losses, including the following: (a) any transmission or transformation losses between the CAISO revenue meter(s) and the Delivery Point; and

  • Partial Loss means any Physical Damage loss which is not a Total Loss.

  • Total Loss means, in relation to a Ship:

  • Buyer Losses shall have the meaning set forth in Section 8.2.

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • relevant loss means any loss or liability which has been or may be incurred by a relevant officer in connection with that relevant officer's duties or powers in relation to the Company, any associated company or any pension fund or employees' share scheme of the Company or associated company; and

  • Consequential Loss means loss of profits, anticipated loss of profit or revenue, loss of production, loss of business opportunity, loss of or damage to goodwill or reputation, loss of use or any other similar loss, but excludes:

  • Seller Losses shall have the meaning set forth in Section 9.1(b).

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Loss means any and all damages, fines, fees, penalties, deficiencies, losses and expenses (including without limitation interest, court costs, fees of attorneys, accountants and other experts or other expenses of litigation or other proceedings or of any claim, default or assessment).

  • Relevant Losses means, in relation to:

  • Total Loss Proceeds means the proceeds of any insurance or any compensation or similar payment arising in respect of a Total Loss.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Economic Risk of Loss has the meaning set forth in Treasury Regulation Section 1.752-2(a).

  • Material Loss means an uninsured:

  • Environmental Loss means any loss, cost, damage, liability, deficiency, fine, penalty or expense (including, without limitation, reasonable attorneys' fees, engineering and other professional or expert fees), investigation, removal, cleanup and remedial costs (voluntarily or involuntarily incurred) and damages to, loss of the use of or decrease in value of the Equipment arising out of or related to any Adverse Environmental Condition.

  • Environmental Losses means all costs and expenses of any kind, damages, including foreseeable and unforeseeable consequential damages, fines and penalties incurred in connection with any violation of and compliance with Environmental Requirements and all losses of any kind attributable to the diminution of value, loss of use or adverse effects on marketability or use of any portion of the Premises or Property.

  • or "Residual Loss means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Principal Loss Amount With respect to each Payment Date, the sum of: (a) the aggregate amount of Credit Event Net Losses for all Credit Event Reference Obligations for the related Reporting Period; (b) the aggregate amount of court-approved principal reductions (“cramdowns”) on the Reference Obligations in the related Reporting Period; (c) subsequent losses on any Reference Obligation that became a Credit Event Reference Obligation on a prior Payment Date; and (d) amounts included in the second, fourth, seventh, eighth and tenth priorities set forth in Section 3.03(f) hereof.

  • Casualty Loss has the meaning set forth in Section 5.06.

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Event of Loss means, with respect to any Property, any of the following: (a) any loss, destruction or damage of such Property; (b) any pending or threatened institution of any proceedings for the condemnation or seizure of such Property or for the exercise of any right of eminent domain; or (c) any actual condemnation, seizure or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the requisition of the use of such Property.

  • Direct Loss means charges actually paid pursuant to this Agreement in respect of the period of the Delay. For the purposes of clause 13.4, the User's losses arising out of a Delay will be taken to include the amount of the relevant Direct Losses.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.