Loss Contract definition

Loss Contract has the meaning set forth in Section 4.19(b).

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Loss Contract means any Contract with respect to which, at the time of submission or acceptance (but only to the extent that LM has the right to withdraw such Contract at the time of acceptance), LM knew would result in a Loss at the mid-point conservatism.

Loss Contract is defined in Section 2.15(b).

Examples of Loss Contract in a sentence

• ASLOB Percentage Fire 100 % Allied Lines 100 % Homeowners 60 % Farmowners 60 % Effective: January 1, 2008 2008 Property Catastrophe Excess of Loss Contract — $800m x $50m ASLOB Percentage Commercial Multiple Peril (Property) 100 % Inland Marine 100 % *Auto Physical Damage (Private Passenger and Commercial) 0 % Burglary & Theft 100 % * Auto Physical Damage is not included in the premium base, however coverage is provided within the terms and conditions of the Contract.

• BCBSNE does not underwrite or insure the liability of THE GROUP under this Agreement, except as specifically provided in any Stop Loss Contract between the parties.

• Peerless 2007 Property Catastrophe Excess of Loss Contract — $300,000,000 xs $50,000,000 All catastrophe losses will qualify as losses towards the retention.

• If applicable, the Stop Loss premiums are addressed in the Stop Loss Contract.

• In calculating the amount of any loss hereunder and in computing the amount in excess of which this Contract attaches only loss in respect of Excess of Loss Contract Contract No. 2010250 that portion of any insurance, or reinsurance which the Company retains net shall be included.

More Definitions of Loss Contract

Loss Contract means any Contract with a value in excess of $1,000,000 in which, at the time of its execution, ▇▇▇▇▇▇▇▇ to the customer over the course of the Contract’s stated term are, to the Knowledge of the Company, expected to be less than the costs of the Company to perform such Contract.

Loss Contract means any Contract to which the Company or any Subsidiary is a party with respect to which the Company accrued a loss on the consolidated balance sheet of the Company and the Subsidiaries as of July 31, 2005, included in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2005 (without regard to any selling, general and administrative expenses accrued with respect to such Contract).

Loss Contract means any Contract for which the Business has accrued a loss on its financial statements or which the Company reasonably expects, based on the Company’s most current cost information, to result in a loss (based on the calculation of gross profit under GAAP) over the full performance of the Contract.

Loss Contract means any Contract for which the Partnership or any of the Partnership Subsidiaries has accrued a loss on its financial statements or which the Partnership reasonably expects, based on the Partnership’s Knowledge as of the date hereof, to result in a loss which the Partnership would reasonably expect to accrue on its financial statements, except as would not reasonably be expected to have a Titan Material Adverse Effect.

Loss Contract means any Contract or subcontract that (i) has generated revenues for the Company during the Company's current fiscal year and for which the cost of performing such Contract or subcontract since the start of the Company's current fiscal year through September 30, 2006 has exceeded the monies paid to the Company under such Contract or subcontract since the start of the Company's current fiscal year through September 30, 2006 or (ii) to the Knowledge of the Company, has an estimate at completion that exceeds the Contract or subcontract value. For purposes of this definition, "costs" means all costs to the Company of performing under such Contract or subcontract consistent with the Company's past practices, and including all allocations of general and administrative expenses to such Contract or subcontract.

Loss Contract means any Contract (A) with a total contract value in excess of $1,000,000 or (B) of or related to Syseca, Inc., that, to the knowledge of Company or any Subsidiary (with the exercise of reasonable care), has a negative Net Variable Margin as defined in Section 3.17(b) or 3.17(c) of the Disclosure Schedule. Schedule 3.17(b)(1) represents outstanding bids for the U.S. operations. In the reasonable judgment of management, the Net Variable Margins shown are reasonable expectations.

Loss Contract means any contract with a total contract value in excess of $250,000 that, to the Knowledge of the Company, has a negative gross margin.