Contract Loss definition

Contract Loss means a Loss resulting from the cost of performance of a Contract exceeding the revenue derived from such Contract.

Contract Loss means, with respect to a Government Contract, the amount equal to (i) direct costs and fringe costs and expenses (excluding overhead and general and administrative costs and expenses) less (ii) revenue (including in all cases the application of all customer credits, incentive programs and/or incentive payments).

Contract Loss means the product of the volume of Commodities received into Dedicated Storage expressed in Net Standard Volume and point **********.

Examples of Contract Loss in a sentence

• With respect to the Contract Loss Experience table, it is the policy of WFS to charge-off all contracts when they become 120 days delinquent, whether that contract is owned by WFS or serviced by WFS for others.

• As used in this Agreement "Titans Contract Loss" shall mean the excess of expenses incurred under or relating to the Titans Contract over income derived from or relating to the Titans Contract, whether directly or indirectly (through the Joint Venture).

• Example of a diagram used in the RFP (redrawn) A sample text is the following.

• The Titans Contract Loss, if any, shall be calculated on an accrual basis in accordance with GAAP.

• In the event that (i) the Closing occurs prior to the expiration of the 2000-2001 NFL season and (ii) Citadel suffers any Titans Contract Loss from the 2000-2001 NFL season, then Sellers shall pay to Citadel, within 10 Business Days after Citadel delivers to Sellers a written calculation (together with supporting information) of such Titans Contract Loss, an amount in cash equal to such Titans Contract Loss.

More Definitions of Contract Loss

Contract Loss means all losses, including but not limited to funding costs and loss of bargain suffered by the Bank, upon termination of any Foreign Exchange Contract.

Contract Loss has the meaning assigned to such term in Section 5.20(h).

Contract Loss means a Loss resulting from the cost of performance of a Contract exceeding the revenue derived from such Contract. “Dispute” is defined in Section 11.7.

Contract Loss means a loss under any contract of the Borrower or any Subsidiary in which the stated contract amount is USD 10,000,000 or greater, such loss being measured at the time the Borrower or such Subsidiary becomes aware that it must recognize a contract loss in respect of such contract in accordance with GAAP."

Contract Loss means the total direct and indirect costs incurred by the Companies under a Government Contract exceed the total amount of payments that have been and will be received by the Companies under such Government Contract.

Contract Loss shall exist with respect to a contract or Bid (i) if in the case of a Government Contract, after consideration of existing reserves, the sales price therefor is more than $100,000 less than the sum of the cost incurred to date and the estimated cost to complete, with all costs determined in accordance with GAAP on a basis consistent with prior periods, or (ii) if in the case of a contract involving the business of PRC Public Sector, Inc., the expected gross margin for the contract for the year ending December 31, 1995 is less than 20%. Section 1.21. DOL. "DOL" shall mean the United States Department of Labor.

Contract Loss means the difference between the price per gallon for heating fuel as set in a heating fuel contract and the average price of heating fuel actually delivered to the person pursuant to a heating fuel contract if the average price of the heating fuel decreases to a lesser price after the parties have entered into the heating fuel contract.