LCH Uncovered Loss definition

LCH Uncovered Loss means, in respect of the Clearing House on any business day in any Loss Distribution Period, the amount calculated in accordance with the following formula: LCH Uncovered Loss(t) = Max (0, (TCPH (t) + CLC(t) - TAR)) where:
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LCH Uncovered Loss means, in respect of LCH SA, as determined on any Clearing Day in any Loss Distribution Period or Service Closure Period, the amount (which may never be less than zero) calculated in accordance with the following formula: (TFITCP + CLC) – (AR + TLD)where:
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LCH Uncovered Loss means, in respect of the Clearing House, as determined on any business day in any Loss Distribution Period or Service Closure Period, the amount greater than zero calculated in accordance with the following formula:
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More Definitions of LCH Uncovered Loss

LCH Uncovered Loss means, in respect of LCH.Clearnet SA, as determined on any Clearing Day in any Loss Distribution Period or Service Closure Period, the amount (which may never be less than zero) corresponding to the difference between the Cash and Derivatives Excess Loss as determined by LCH.Clearnet SA on that day and the resources mentioned in Article 4.5.2.7 (i) to (v) (a) of the Clearing Rule Book remaining available on that day.
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LCH Uncovered Loss means, in respect of the Clearing House on any business day in any Loss Distribution Period, the amount calculated in accordance with the following formula:
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LCH Uncovered Loss means, in respect of LCH.Clearnet SA on any Clearing Day in any Loss Distribution Period, the amount calculated in accordance with the following formula:
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Related to LCH Uncovered Loss

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Insured Loss means damage or destruction to improvements on the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which was caused by an event required to be covered by the insurance described in Paragraph 8.3(a), irrespective of any deductible amounts or coverage limits involved.

  • Shared-Loss Month means each calendar month between the Commencement Date and the last day of the month in which the tenth anniversary of the Commencement Date occurs, provided that, the first Shared-Loss Month shall begin on the Commencement Date and end on the last day of that month.

  • Final Shared-Loss Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Shared Loss Payment Trigger means when the sum of the Cumulative Loss Amount under this Single Family Shared-Loss Agreement and the Shared-Loss Amount under the Commercial and Other Assets Shared-Loss Agreement, exceeds the First Loss Tranche. If the First Loss Tranche is zero or a negative number, the Shared Loss Payment Trigger shall be deemed to have been reached upon Bank Closing.

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • 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.

  • Ultimate Net Loss as used in this Contract shall mean the sum or sums (including loss in excess of policy limits, extra contractual obligations and loss adjustment expense, as defined herein) paid or payable by the Company in settlement of claims and in satisfaction of judgments rendered on account of such claims, after deduction of all salvage, all recoveries and all claims on inuring insurance or reinsurance, whether collectible or not. Nothing herein shall be construed to mean that losses under this Contract are not recoverable until the Company's ultimate net loss has been ascertained.