Common use of First Method and Loss Clause in Contracts

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 466 contracts

Samples: Master Agreement (Vw Credit Leasing LTD), Long Term Power Purchase Agreement, Long Term Power Purchase Agreement

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First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 251 contracts

Samples: Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Master Agreement (BMW Fs Securities LLC), Master Agreement (Financial Services Vehicle Trust)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's Loss in respect of this Agreement.

Appears in 57 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Master Agreement (GSAA Home Equity Trust 2006-11)

First Method and Loss. If if the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6), Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff17), Master Agreement (BNC Mortgage Loan Trust 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss loss in respect of this Agreement.

Appears in 10 contracts

Samples: Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.. Back to Contents

Appears in 7 contracts

Samples: Isda Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.. (3)

Appears in 4 contracts

Samples: Credit Agreement (Lubys Cafeterias Inc), Mbna America Bank National Association, Mbna America Bank National Association

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Samples: Master Agreement (Panda Global Holdings Inc), Master Agreement (Itec Attractions Inc), Agreement and Plan of Merger (Springs Industries Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Samples: Master Agreement (Adesa Inc), Master Agreement (Murphy Wendell H), Master Agreement (Interneuron Pharmaceuticals Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.. (3)

Appears in 2 contracts

Samples: Master Agreement, www.sec.gov

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 2 contracts

Samples: Master Agreement (Kaman Corp), Master Agreement (Bedford Property Investors Inc/Md)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non -defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Affiliate Investment, Inc.)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Acreedo Health Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non­defaulting Party, if a positive number, the Non-defaulting Non­defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Disclosure Agreement

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.,

Appears in 1 contract

Samples: Term Loan Agreement (Outdoor Channel Holdings Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non‑defaulting Party, if a positive number, the Non-defaulting Non‑defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oc2)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Thornburg Mortgage Securities Trust 2007-1)

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First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.. (a)

Appears in 1 contract

Samples: Master Agreement (Dollar General Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.9

Appears in 1 contract

Samples: Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar21)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreementagreement.

Appears in 1 contract

Samples: Master Agreement (Mondavi Robert Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.this

Appears in 1 contract

Samples: Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar15)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Westpac Securitisation Management Pty LTD)

First Method and Loss. If the The First Method and Loss apply, the Defaulting Party will pay to the The Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (American Skiing Co)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, . the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Lillian Vernon Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to payto the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of respectof this Agreement.

Appears in 1 contract

Samples: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Cl&p Funding LLC)

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