Ineligible Losses definition

Ineligible Losses means losses or reliefs arising in a Non-NNB HoldCo Company (the “Loss Company”) which are eligible for Loss Surrender to any member of the NNB HoldCo Group:
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Ineligible Losses has the meaning as set forth in Section 6.1.
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Examples of Ineligible Losses in a sentence

  • Notwithstanding, Issuer Party will not be responsible for any Ineligible Losses, and NCPS agrees to immediately refund any indemnification payments made to an NCPS Party upon such determination.

  • Issuer will not be responsible for any Ineligible Losses, and Cxxxxxxxx agrees to immediately refund any payments made to a Custodian Indemnified Person upon such finding.

Related to Ineligible Losses

  • Excluded Amounts means:

  • Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Losses shall have the meaning set forth in Section 5(a).

  • Excess Contribution means a contribution that exceeds the

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.