Gross Loss definition

Gross Loss or ‘loss’ means the loss stemming from an operational risk event before recoveries of any type;

Gross Loss means, with respect to any year, the items of deduction or loss of the Partnership computed on the same basis that Net Profit and Net Loss are computed for purposes of this Agreement.

Gross Loss means the dollar amount represented by the difference between the MPMLR and the MLRT, when the MPMLR is greater than the MLRT, and multiplied by the Premium paid to Anthem as calculated by Anthem following an MA Measurement Period.

Examples of Gross Loss in a sentence

• The average Net Loss on the mortgage loans that were liquidated and that experienced a Gross Loss during the specified period.

• As used in this table, Net Loss means, for each mortgage loan that experienced a Gross Loss, such Gross Loss, reduced by any Subsequent Recoveries received for such mortgage loan during the specified period, and increased by any Subsequent Losses incurred with respect to such mortgage loan during the specified period.

• As used in this table, "Net Loss" means, for each mortgage loan that experienced a Gross Loss, such Gross Loss, reduced by any Subsequent Recoveries received for such mortgage loan during the specified period, and increased by any Subsequent Losses incurred with respect to such mortgage loan during the specified period.

• As used in this table, "Net Loss" means, for each mortgage loan that experienced a Gross Loss, such Gross Loss, reduced by any Subsequent Recoveries received for such mortgage loan during the specified period, and increased by any Subsequent Losses incurred with respect to such mortgage loan during the specified period divided by the number of mortgage loans liquidated during the specified period.

• The Average Loss on the mortgage loans that were liquidated and that experienced a Gross Loss during the specified period.

More Definitions of Gross Loss

Gross Loss. ’ shall mean the agreed cost to repair or replace before application of depreciation, deductible, or other limiting clauses or con- dition.

Gross Loss means a loss arising from an event or type of event related to operational risk, prior to any recovery, without prejudice to Paragraph 10.

Gross Loss. (a) The sum of all Realized Losses and Unrealized Losses on the Collateral Debt Obligations minus (b) the sum of (w) all Realized Gains on the Collateral Debt Obligations, (x) all Unrealized Gains on the Collateral Debt Obligations, (y) the Positive Carry and (z) the Junior Noteholder Aggregate Top-Up Amount.

Gross Loss. Gross loss shall mean the agreed RCV loss before the application of the deductible or other limiting clauses. File Set Up and Administration: $0 Photographs Includes 2, then $2.00/ea. Mileage First 50 miles included $1.00 per mile thereafter Miscellaneous Expense Actual Cost Time and Expense charges are applicable to re-inspections and/or inspections wherein a known coverage concern is advised at assignment (i.e.—wind/hail exclusion). Time and expense charged at $75.00 per hour. All additional charges and expenses charged at cost.

Gross Loss. Gross loss shall mean the agreed RCV loss before the application of the deductible or other limiting clauses. File Set Up and Administration: $0 Photographs: Includes 2, then $2.00/each Mileage: First 50 miles included $1.00/per mile thereafter Miscellaneous Expense: Actual Cost Time and Expense charges are applicable to re-inspections and/or inspections wherein a known coverage concern is advised at assignment (i.e., wind/hail exclusion). Time and expense charged at $75.00/per hour. All additional charges and expenses charged at cost. Rate schedule is for those catastrophe exposures with dates of loss July 1, 2007 through December 31, 2009.

Gross Loss. The sum of all Realized Losses on Collateral Debt Obligations and all Unrealized Losses on, without duplication, Ineligible Collateral Debt Obligations, Defaulted Collateral Debt Obligations, Caa Obligations and CCC Obligations held by the Issuer. For purposes of this definition:

Gross Loss in any Quarter means the excess of Operating Costs accrued in that Quarter over Gross Sales accrued in that Quarter.