Contingent Losses definition

Contingent Losses means any Losses that consist of claims asserted against BNPPLC or another Interested Party prior to the Designated Sale Date, but that are not liquidated or paid on or prior to the Designated Sale Date. Any Contingent Losses included in the Unpaid Balance of Construction Period Losses, and thus which are relevant to the computation of the Break Even Price, will equal the sum as reasonably estimated by BNPPLC of (i) all Attorneys’ Fees and other costs that will be incurred to defend against such claims, and (ii) the amount for which BNPPLC or the other Interested Party can settle or satisfy such claims.
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Contingent Losses means, in respect of the one-year period starting on the Actual Termination Date, any profits as would have been earned by the Provider, taking account of actual revenue and expenditure for the one-year period prior to the Actual Termination Date and calculated by reference to the Provider's Financial Model .
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Examples of Contingent Losses in a sentence

  • The provisions set forth in this Article VI related to the sharing of Contingent Recoveries and Contingent Losses shall survive the Distribution Date indefinitely.

  • If the Contingent Claim Committee cannot reach a unanimous determination as to (i) the appropriate allocation of Contingent Recoveries or Contingent Losses between the Parties in connection with Shared Contingent Recoveries or Shared Contingent Losses, respectively, or (ii) as to the nature or status of any such Contingent Losses or Contingent Recoveries, within thirty (30) days after such referral, then the issue shall be subject to the procedures set forth in Section 10.08 of this Agreement.

  • The Contingent Claim Committee shall also be responsible for determining the Shared SNI Percentage and the Shared EWS Percentage in connection with Shared Contingent Recoveries and Shared Contingent Losses.

  • Such Profit shall be allocated to such Partner’s Capital Account on the basis of the proportion that the unrestored Contingent Losses contained in such Partner’s Capital Account bear to the aggregate unrestored Contingent Losses contained in all Partners’ Capital Accounts.

  • ProNational Casualty Company Illinois Casualty, Fidelity & Surety: Accident & Health, Vehicle, Liability, W/C, Burglary & Forgery, Glass, Fidelity & Surety, Miscellaneous, other Casualty Risks, Contingent Losses, Legal Expense Insurance.

  • Florida Medical Malpractice and other liability Georgia Property, Marine & Transport, Casualty (including workers' compensation) and Surety Illinois Casualty, Fidelity & Surety: Accident & Health, Vehicle, Liability, W/C, Burglary & Forgery, Glass, Fidelity & Surety, Miscellaneous, other Casualty Risks, Contingent Losses, Legal Expense Insurance.

  • To the extent the Investors have been allocated Contingent Losses, subsequent net capital gains will be allocated first to the Investors until such Contingent Losses have been restored and then in accordance with the first sentence hereof.