Examples of Aggregate Losses in a sentence
Without limiting the generality of the foregoing, notwithstanding the termination of this Contract for any reason or for no reason, the provisions of this Contract shall continue to apply indefinitely to all obligations and liabilities of the Subscribing Reinsurer for Aggregate Losses (as defined in the Policy), including Losses (as defined in the Policy) on Covered Loans (as defined in the Policy) that Default (as defined in the Policy) on or prior to the date of termination of this Contract.
All such proceeds paid to the Insurer shall reduce Aggregate Losses.
Aggregate Retention - means the amount of Aggregate Losses that shall be retained by the Insured (and, if applicable, any Aggregate Retention Transferee) before receiving insurance benefits under this Policy, as specified in the Declarations Page of this Policy.
Aggregate Losses - means for all Covered Loans, as of any particular date, the sum of all Losses with respect to fully completed Notices of Claim provided by the Insured to the Insurer and the sum of all Applied Current Period Deal Modification Loss Amounts pursuant to Article VII.(d), from the Effective Date to such particular date.
Aggregate Retention - means the amount of Aggregate Losses that shall be retained by the Insured before receiving insurance benefits under this Policy, as specified in the Declarations Page of this Policy.