Qualifying Losses definition

Qualifying Losses means the Losses arising from or relating to a claim (or series of related claims arising from the same set of facts or circumstances) in which the total amount of Losses are in excess of $5,000,000 solely to the extent such Losses are in excess of $5,000,000.
Qualifying Losses means losses and loss adjustment expenses incurred, net of authorized reinsurance, which are directly attributable to a catastrophe in this State.
Qualifying Losses means any Losses incurred in connection with a Qualifying Dealer Loan funded by GMAC or any GMAC Subsidiaries to an Underwritten Dealer or a Non-Underwritten Dealer, including, without limitation, (i) any Losses relating to fraud, (ii) fifty percent (50%) of any Losses related to the exercise of remedies with respect to any Qualifying Dealer Loan, and (iii) Losses representing the difference between (x) the amount of a Qualifying Dealer Loan funded to an Underwritten Dealer or a Non-Underwritten Dealer, as the case may be, and (y) the gross amount recovered by GMAC or any GMAC Subsidiary in respect of such Qualifying Dealer Loan after GMAC or the applicable GMAC Subsidiary has exhausted reasonable remedies (other than any reimbursement pursuant hereto) for portions of such Losses, including, without limitation, but subject to GMAC’s business practices for loans that are not subject to reimbursement by LLC, the sale of the vehicle and recovery of any deficiency claim in related bankruptcy proceedings as well as recourse to any repurchase agreement with Chrysler or Reorganized Chrysler, as the case may be.

Examples of Qualifying Losses in a sentence

  • Post- retirement health benefits (PRHB) refers to costs of health insurance or health services not included in a pension plan covered by subsection 8.e. of this appendix for retirees and their spouses, dependents, and survivors.

  • CLAIM FOR LOSSAll claims for Qualifying Losses shall be reported to the Company within 90 (ninety) days of receiving notice of Qualifying Loss by the Administrator shown in the Declarations.

  • The Seller shall not be liable under this Agreement in respect of any Qualifying Losses resulting from a breach under this Agreement unless the aggregate amount of all Qualifying Losses for which the Seller would otherwise be liable under this Agreement exceeds EUR 250,000 (two hundred fifty thousand euro), provided that, if such limit is exceeded, the Seller shall be liable for the whole of such aggregate amount and not merely for the amount in excess of EUR 250,000 (two hundred fifty thousand euro).

  • Only the trees lost are eligible for reimbursement.--*3 Qualifying Losses for TAP (Continued) E Ineligible Trees, Bushes, or VinesSee Exhibit 2 for the definitions of trees, bushes, and vines.

  • This Policy shall continue in full force and effect as to Qualifying Losses that occurred before such Change of Control Event.


More Definitions of Qualifying Losses

Qualifying Losses means any Losses incurred in connection with a Qualifying Dealer Loan funded by GMAC or any GMAC Subsidiaries to an Underwritten Dealer or a Non-Underwritten Dealer, including, without limitation, (i) any Losses relating to fraud,
Qualifying Losses has the meaning set forth in Clause 10.2;
Qualifying Losses has the meaning set forth in Section 5.5(g).
Qualifying Losses means losses and loss adjustment expenses incurred, net of authorized reinsurance, which are directly attributable to an environmental event in this State and which occur along the State's shoreline areas.
Qualifying Losses means the Losses arising from or relating to a claim (or series of related claims arising from the same set of facts or circumstances) in which the total amount of Losses are in excess of $10,000.(rrr)
Qualifying Losses means any individual indemnifiable Loss or series of such related indemnifiable Losses in excess of one hundred thousand dollars ($100,000).
Qualifying Losses has the meaning set forth in Section 11.1(d)(ii)