Excess Losses. For any Distribution Date, the amount of any (i) Fraud Losses in excess of the Fraud Loss Amount, (ii) Special Hazard Losses in excess of the Special Hazard Loss Amount or (iii) Bankruptcy Losses in excess of the Bankruptcy Loss Amount.
Excess Losses. (i) Special Hazard Losses in excess of the Special Hazard Amount, (ii) Bankruptcy Losses in excess of the Bankruptcy Amount, (iii) Fraud Losses in excess of the Fraud Loss Amount and (iv) Extraordinary Losses.
Excess Losses as defined in the Underlying Agreement.
Examples of Excess Losses in a sentence
Within 30 days following the end of the month in which any Earnout Period ends, Parent shall deliver to the Stockholder Representative a memorandum (an “Earnout Notice”) specifying in reasonable detail the calculation of the amount of the Earnout Payment earned pursuant to Section 3.2, (if any), and, if applicable, any proposed set off for Excess Losses in accordance with Section 3.1(b)(ii) and less the aggregate of the Residual Exercise Price.
More Definitions of Excess Losses
Excess Losses. The sum of any Excess Bankruptcy Losses, Excess Fraud Losses and Excess Special Hazard Losses.
Excess Losses. For any Distribution Date and Loan Group, the amount of any (i) Fraud Losses on the Mortgage Loans in such Loan Group in excess of the Fraud Loss Amount for such Loan Group, (ii) Special Hazard Losses on the Mortgage Loans in such Loan Group in excess of the Special Hazard Loss Amount for such Loan Group or (iii) Bankruptcy Losses on the Mortgage Loans in such Loan Group in excess of the Bankruptcy Loss Amount for such Loan Group.
Excess Losses. Means, collectively, Excess Bankruptcy Losses, Excess Fraud Losses and Excess Special Hazard Losses.
Excess Losses. Any Special Hazard Losses in excess of the related Special Hazard Loss Coverage Amount, Bankruptcy Losses in excess of the related Bankruptcy Loss Coverage Amount and Fraud Losses in excess of the related Fraud Loss Coverage Amount.
Excess Losses. (i) Special Hazard Losses in excess of the Special Hazard Loss Coverage Amount, (ii) Bankruptcy Losses in excess of the Bankruptcy Loss Coverage Amount, (iii) Fraud Losses in excess of the Fraud Loss Amount and (iv) Extraordinary Losses.
Excess Losses has the meaning given such term in Section 2.4.5.
Excess Losses. With respect to a Series of Bonds and a Payment Date, an amount equal to the sum of Excess Bankruptcy Losses (other than Debt Service Reductions), Excess Fraud Losses and Excess Special Hazard Losses.