Assumed Losses definition

Assumed Losses on any Interest Payment Date, means the greater of nil and the aggregate of (in each case as at the immediately preceding Determination Date):
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Assumed Losses means any allowable losses, other than actual losses, which, on the relevant assumptions, would accrue to the vulnerable person in the tax year.
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Assumed Losses means, with respect to any Calculation Period and any Bankruptcy Receivable, the product of (i) the unpaid principal balance of any Receivable that became a Bankruptcy Receivable during such Calculation Period and (ii) one minus a fraction the numerator of which is the aggregate Recoveries in respect of Financed Vehicles repossessed and liquidated during such Calculation Period and each of the three preceding Calculation Periods and the denominator of which is the aggregate unpaid principal balance of the related Receivables immediately prior to such liquidation.
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Examples of Assumed Losses in a sentence

  • Section 1b Assumed Losses Paid Column 1 Gross Paid Assumed Losses• Enter gross payments for losses on reinsurance assumed by line of business.

  • Assumed gai ns D&AReins Assumed Losses D&AAccounts Receivable Reins.

  • Council Tax Base Band A/ARBCDEFGHTotal Net number of properties 510 1,463 6,757 7,308 6,735 6,035 3,351 204 32,363 Band Multiplier 6/9 7/9 8/9 9/9 11/9 13/9 15/9 18/9 Band D Equivalents 340 1,138 6,006 7,308 8,232 8,718 5,585 409 37,735 Class O Exempt Properties 732Sub Total38,467 Assumed Losses on Collection (1.5%) 574Tax Base (equivalent Band D)37,8933.

Related to Assumed Losses

  • Assumed Liabilities has the meaning set forth in Section 2.3.

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

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

  • Covered Losses means any and all losses, assessments, fines, penalties, administrative orders, obligations, judgments, amounts paid in settlement, costs, expenses, liabilities and damages (whether actual, consequential or punitive), including interest, penalties, reasonable court costs and attorney’s fees, disbursements and costs of investigations, deficiencies, levies, duties and imposts.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

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

  • Shared-Loss Assets means Shared-Loss Loans, Other Real Estate purchased by the Assuming Institution, Additional ORE, Shared-Loss Subsidiaries, and Capitalized Expenditures, but does not include Shared-Loss Securities.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Incurred losses means the sum of:

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Assumed Obligations has the meaning specified in Section 2.2.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Tax-Related Losses means (i) all U.S. federal, state, local and foreign income taxes (including interest and penalties thereon) imposed pursuant to any settlement, final determination, judgment or otherwise, and (ii) all legal, accounting and other professional fees and court costs incurred in connection with such taxes.

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Pre-Closing Environmental Liabilities means (i) any violation of Environmental Law arising in connection with the ownership or operation of the Properties prior to the Effective Time, (ii) any Release of Hazardous Substances onto or from the Properties prior to the Effective Time or relating to or arising from any activities conducted on such properties or from operation of such assets prior to the Effective Time and (iii) any claim, action, cause of action, inquiry, investigation, remediation, removal or restoration with respect to the matters set forth in subsection (i) or (ii) above

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Assumed Leases has the meaning set forth in Section 2.6(b).