Average Loss definition

Average Loss. Average loss as a percentage of total average outstanding receivables experienced during a period of rolling 10 years; weighted by seniority %

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Average Loss means the product of (1) the estimated replacement cost of the improvements as determined by Lender in its sole discretion and (2) the "Average Damage Ratio" calculated in such Seismic Review based upon a 475 year return interval. As used herein, "Replacement Cost" shall mean, at any given time, the replacement cost of the Project as determined at such time by Lender in its sole discretion.

Average Loss is defined in Section 7.6(F).

Examples of Average Loss in a sentence

Borrower shall, within ten (10) days after demand by Lender, pay to Lender an amount equal to the greater of (a) five percent (5%) of the Loan Amount, or (b) the amount by which the Probable Maximum Loss exceeds thirty percent (30%) of the Replacement Cost, or (c) the amount by which the Average Loss exceeds twenty percent (20%) of the Replacement Cost (the "Seismic Principal Payment").
As used herein, "Average Loss" shall mean the product of (1) the estimated replacement cost of the improvements as determined by Lender in its sole discretion and (2) the "Average Damage Ratio" calculated in such Seismic Review based upon a 475 year return interval.
This Exhibit G (Average Loss of Compound) shall only be in effect until December 31, 2002 at which time the parties shall review and modify (if needed) the assumptions or calculations set forth herein.
As used herein, "Average Loss" shall mean the product of (1) the estimated replacement cost of the Improvements as determined by Lender in its sole discretion and (2) the "Average Damage Ratio" calculated in such Seismic Review based upon a 475 year return interval.
Month Average Receivables Dilution Ratio (less than 10.00%) (5) 3-Month Average Loss to Balance Ratio (less than 1.50%) (6) 3-Month Average Delinquency Ratio (less than 1.75%) (7) Notice requirement for change in long-term public senior debt rating.

More Definitions of Average Loss

Average Loss is defined in SECTION 7.6(F).

Average Loss means the product of (1) the estimated replacement cost of the Improvements for the applicable Project(s) as determined by Lender in its sole discretion and (2) the "Average Damage Ratio" calculated in such Seismic Review based upon a 475 year return interval. As used herein, "PROJECT VALUE" shall mean, at any given time, the fair market value of the applicable Project(s) as determined at such time by Lender in its sole discretion.

Average Loss means, on any date, the average of the Monthly Losses for the three most recent full months (the term Loss, used as defined herein, is not meant to refer to any actual loss).