Tax Losses has the meaning assigned to such term in Section 7.1(a).
Purchaser Losses shall have the meaning set forth in Section 9.1(a).
Seller Losses shall have the meaning set forth in Section 9.1(b).
Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.
Buyer Losses shall have the meaning set forth in Section 8.2.
Seller Indemnitees has the meaning set forth in Section 8.03.
Purchaser Indemnitees has the meaning set forth in Section 7.02.
Buyer Indemnitees has the meaning set forth in Section 8.02.
Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.
Incurred losses means the sum of:
Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.
Extraordinary Losses Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event.
distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;
Covered Losses means any and all losses, assessments, fines, penalties, administrative orders, obligations, judgments, amounts paid in settlement, costs, expenses, liabilities and damages (whether actual, consequential or punitive), including interest, penalties, reasonable court costs and attorney’s fees, disbursements and costs of investigations, deficiencies, levies, duties and imposts.
Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:
Liquidating Losses means any net loss realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership (including upon the occurrence of any event of liquidation of the Partnership), including but not limited to net loss realized in connection with an adjustment to the book value of Partnership assets under Section 6.2 hereof.
Losses incurred means ceded losses and Loss Adjustment Expense paid as of the effective date of calculation, plus the ceded reserves for losses and Loss Adjustment Expense outstanding as of the same date.
Parent Indemnitees has the meaning set forth in Section 8.02.
Tax-Related Losses means (i) all U.S. federal, state, local and foreign income taxes (including interest and penalties thereon) imposed pursuant to any settlement, final determination, judgment or otherwise, and (ii) all legal, accounting and other professional fees and court costs incurred in connection with such taxes.
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Funding Losses has the meaning set forth in Section 2.13(b)(ii).
Seller Indemnified Parties has the meaning set forth in Section 8.1.
Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).
Purchaser Indemnified Parties has the meaning set forth in Section 8.2.
Seller Indemnified Party has the meaning set forth in Section 7.2.