Credit Loss Amount definition

Credit Loss Amount means, with respect to an Affected Reference Issuer, the greater of (i) the sum of the Valuation Obligation Loss Amounts for all Valuation Obligations in the Valuation Reference Portfolio of the Affected Reference Issuer and (ii) zero.
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Credit Loss Amount means, with respect to a Synthetic CDO Reference Swap, an amount equal to the Credit Loss (within the meaning of the relevant Synthetic CDO Reference Swap) that would have been determined in relation to any Reference Entity pursuant to such Synthetic CDO Reference Swap had such Synthetic CDO Reference Swap actually been entered into.Total Reference Entity Loss Amount: With respect to any Reference Entity and therelated Event Determination Date (within the meaning of the relevant Synthetic CDO Reference Swap), on any date, an amount equal to the sum of all Loss Amounts determined for the relevant Reference Entity pursuant to all relevant Synthetic CDO Reference Swaps with respect to such Event Determination Date, provided that for the purposes of determining the Loss Amount for such Reference Entity with respect to such Event Determination Date under each relevant Synthetic CDO Reference Swap, if the relevant Loss Amount so determined would otherwise cause the Total Loss Amount with respect to such Synthetic CDO Reference Swap to exceed the Detachment Amount for such Synthetic CDO Reference Swap (as specified in Schedule 1 Part A to this Confirmation) on such date, then the relevant Loss Amount for such Reference Entity with respect to such Synthetic CDO Reference Swap, shall be deemed to be equal to the Detachment Amount less the Total Loss Amount with respect to such Synthetic CDO Reference Swap immediately prior to such date.Total Loss Amount: With respect to any Reference Obligation, on any date, an amount equal to the sum of all Loss Amounts determined for all Reference Entities under such Reference Obligation, provided that, in respect of any Reference Obligation, the Total Loss Amount shall not exceed the Detachment Amount for such Reference Obligation, (as specified in Schedule 1 Part A to this Confirmation) on or prior to such date.Aggregate Loss Amount: On any date, an amount equal to the sum of all Total Loss Amounts determined for all Synthetic CDO Reference Swaps on or prior to such date.Master Threshold Amount: EUR 155,000,000Master Loss Amount: On any date, an amount equal to the greater of (A) zero and (B) the Aggregate Loss Amount less the Aggregate Inner Threshold Amount.Aggregate Inner Threshold Amount: On any date, an amount equal to the aggregateLoss Threshold Amounts with respect to all Synthetic CDO Reference Swaps (as defined therein).
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Credit Loss Amount means, with respect to any Transferred Financing Contract or Funded Backlog, an amount (calculated as of the first date a Credit Loss Event occurred with respect to such Transferred Financing Contract or Funded Backlog) equal to the result of (i) the Net Finance Receivables Balance of such Transferred Financing Contract or Funded Backlog as of such date; minus (ii) if applicable, the Residual of Portfolio Property or Funded Backlog Portfolio Property subject to or governed by such Transferred Financing Contract or Funded Backlog; minus (iii) any unpaid late charges attributable to such Transferred Financing Contract or Funded Backlog as of such date; minus (iv) any income in excess of 90 days' income that has been accrued by CPLC on such Transferred Financing Contract or Funded Backlog as of such date, but only to the extent any of the amounts described in clauses (iii) or (iv) are included in the Net Finance Receivables Balance of such Transferred Financing Contract or Funded Backlog; plus either (A) if the Portfolio Property or Funded Backlog Portfolio Property subject to or governed by such Transferred Financing Contract or Funded Backlog is not recovered by CPLC at the termination of such Transferred Financing Contract or Funded Backlog, the lesser of (I) the Residual of such Portfolio Property or Funded Backlog Portfolio Property or (II) the fair market value of such Portfolio Property or Funded Backlog Portfolio Property in the return condition required by such Transferred Financing Contract or Funded Backlog or (B) if the Portfolio Property or Funded Backlog Portfolio Property subject to or governed by such Transferred Financing Contract or Funded Backlog is recovered by CPLC at the termination of such Transferred Financing Contract or Funded Backlog but such Portfolio Property or Funded Backlog Portfolio Property is not in the condition required by the terms of such Transferred Financing Contract or Funded Backlog, the lesser of (I) the Residual of such Portfolio Property or Funded Backlog Portfolio Property or (II) the cost to return such Portfolio Property or Funded Backlog Portfolio Property to the return condition required by the terms of such Transferred Financing Contract or Funded Backlog.
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Examples of Credit Loss Amount in a sentence

  • In riverine situations, prior to the alteration or relocation of a watercourse, the applicant for such authorization shall notify the Wetlands Bureau of the New Hampshire Department of Environmental Services and submit copies of such notification to the Building Inspector, in addition to the copies required by the RSA 482‐A:3.

  • Noteholders’ attention is drawn to the fact that due to the operation of the terms relating to Principal Reduction there may be a considerable period of time following a Credit Event Determination Date before the Credit Loss Amount for any Delayed Determination Affected Reference Entity is determined.

  • Section 2.30 of the Credit Derivatives Definitions shall not be applicable to this Confirmation and if any of the events set forth under Section 2.30(a) has occurred with respect to a Reference Obligation, there shall be deemed to be no Reference Obligation for the purpose of Appendix B (without prejudice to the definition of Reference Obligation below in relation to the determination of a Credit Loss Amount).

  • The Restructuring Affected Swap Value and the Restructuring Credit Loss Amount shall be determined separately in respect of each such Exercised Percentage.

  • In the event that any Credit Loss Amount would otherwise cause the Aggregate Credit Loss Amount to exceed the Senior Threshold, such Credit Loss Amount shall be reduced so thatthe Aggregate Credit Loss Amount equals the Senior Threshold.Valuation Notice: If the Conditions to Settlement have been satisfied in respect ofone or more Reference Entities, a notice specifying each Credit Loss Amount, the Previous Loss Amount and the Aggregate Credit Loss Amount.

  • Additionally, if any T~·CreUlJll recognize4Prior to the Determination of Disqualification are detem1ined to be )ne1i'gible a~~ ;;rax Cn;Jtt!ts as a result of the Determination of Disqualification, the Dis'tl'ltt shall,.within 90tlaysof such Determination of Disqualification, pay to the Owner of this Certificate an amount equal to the Prior Tax Credit Loss Amount.

  • It contains an exemption for all functions of the U.S. Government authorized by the Foreign Assistance Act of 1961 (22 U.S.C. 2393), as amended.

  • In respect of a CDO Reference Obligation, an increase of the Aggregate Credit Loss Amount (as defined in the form of confirmation for a CDO Reference Obligation as set out in Appendix B (Form of Confirmation for CDO Reference Obligations)) of such CDO Reference Obligation while the Aggregate Cross Loss Amount (for the avoidance of doubt after taking such increase into account) is greater than the Cross Subordination Amount.

  • Additionally, if any Tax Credits recognized prior to the Determination of Disqualification are determined to be ineligible as Tax Credits as a result of the Determination of Disqualification, the District shall, within 90 days of such Determination of Disqualification, pay to the Owner of this Certificate an amount equal to the Prior Tax Credit Loss Amount.

  • The expert assessments presented at the Seminar provoke open discussion which significantly contributes to our understanding of contemporary security dynamics.


More Definitions of Credit Loss Amount

Credit Loss Amount means the Reference Amount minus the Value of the Reference Obligations;
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Credit Loss Amount means the sum of:
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Credit Loss Amount has the meaning set forth in Section 5(b).
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Credit Loss Amount means, with respect to any Defaulted Financing Contract, as of any determination date, an amount (expressed as a positive number) equal to the sum of (i) the Net Book Value of such Defaulted Financing Contract as reflected on the books and records of GE Capital or its Affiliate, as of such date plus (ii) without duplication, any related write-downs or write-offs GE Capital is entitled to take in respect of such Defaulted Financing Contract in accordance with its existing write-off policies (including any such write-downs or write-offs of principal, rent, interest, fees, costs charges or other amounts payable by an Obligor pursuant to or due on such Defaulted Financing Contract and any Collection Expenses incurred as of such date), in each case, without regard to the existence or extinguishment of any right or remedy under Law to recover such amount from an Obligor in respect of such Defaulted Financing Contract.
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Credit Loss Amount means, with respect to a Reference Obligation, an amount (which may be positive or negative) equal to:
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Related to Credit Loss Amount

  • Applied Loss Amount With respect to any Distribution Date, the amount, if any, by which (x) the aggregate Certificate Principal Amount of the Certificates after giving effect to all Realized Losses incurred with respect to the Mortgage Loans during the related Collection Period and distributions of principal on such Distribution Date, but before giving effect to any application of the Applied Loss Amount with respect to such date, exceeds (y) the Pool Balance for such Distribution Date.

  • Net Loss Amount means the sum of Cumulative Loss Amounts under this Single Family Shared-Loss Agreement and Aggregate Net Charge-Offs under the Commercial Shared-Loss Agreement.

  • Loss Amount means the dollar amount of loss incurred and reported on the Monthly Certificate for a Shared-Loss Loan.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Shared-Loss Amount has the meaning provided in Section 2.1(b)(i) of this Commercial Shared-Loss Agreement.

  • Unpaid Realized Loss Amount With respect to any Class A Certificates and as to any Distribution Date, is the excess of Applied Realized Loss Amounts with respect to such Class over the sum of all distributions in reduction of the Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to the Class A Certificates in respect of any Unpaid Realized Loss Amount shall not be applied to reduce the Certificate Principal Balance of such Class.

  • 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.

  • Modification Loss Amount With respect to each Payment Date, the excess, if any, of the aggregate Modification Shortfall over the aggregate Modification Excess for such Payment Date.

  • 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.

  • Liquidation Loss Amount With respect to any Payment Date and any Mortgage Loan that became a Liquidated Mortgage Loan during the related Collection Period, the unrecovered portion of the Principal Balance of such Mortgage Loan and any unpaid accrued interest thereon at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of such Principal Balance.

  • Applied Realized Loss Amount With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Principal Loss Amount With respect to each Payment Date, the sum of: (a) the aggregate amount of Credit Event Net Losses for all Credit Event Reference Obligations for the related Reporting Period; (b) the aggregate amount of court-approved principal reductions (“cramdowns”) on the Reference Obligations in the related Reporting Period; (c) subsequent losses on any Reference Obligation that became a Credit Event Reference Obligation on a prior Payment Date; and (d) amounts included in the second, fourth, seventh, eighth and tenth priorities set forth in Section 3.03(f) hereof.

  • Cumulative Loss Amount means the sum of the Monthly Loss Amounts less the sum of all Recovery Amounts.

  • Class C Unpaid Realized Loss Amount As of any Distribution Date, the excess of (1) the Class C Applied Realized Loss Amount over (2) the sum of (x) all distributions in reduction of the Class C Unpaid Realized Loss Amounts on all previous Distribution Dates and (y) all increases in the Certificate Principal Balance of such Class C Certificates pursuant to the last sentence of the definition of "Certificate Principal Balance."

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • First Loss Tranche means the dollar amount of liability that the Assuming Bank will incur prior to the commencement of loss sharing, which is the sum of (i) the Assuming Bank’s asset premium (discount) bid, as reflected on the Assuming Bank’s bid form, plus (ii) the Assuming Bank’s Deposit premium bid, as reflected on the Assuming Bank’s bid form, plus (iii) the Equity Adjustment. The First Loss Tranche may be a positive or negative number.

  • Loan Loss Reserves means funds held by the Seller to cover potential losses in connection with the mortgage loans owned in the Seller’s portfolio, including without limitation any amounts required to be maintained and held as a loan loss reserve in accordance with GAAP and any other regulatory requirement applicable to the Seller.

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).