Recognized Loss definition

Recognized Loss means the amount of a claim by a Settlement Class Member, as defined in the Plan of Allocation.

Recognized Loss means the amount of loss calculated in accordance with the Plan of Allocation.

Recognized Loss is the amount of a claim under the Plan of Allocation and is the number used to calculate an Authorized Claimant’s Recognized Claim.

Examples of Recognized Loss in a sentence

• The Recognized Loss formula is the basis upon which the Net Settlement Fund will be proportionately allocated to the Authorized Claimants.

• In accordance with the Plan of Allocation, however, the Recognized Loss Amount on “short sales” and the purchases covering “short sales” is zero.

• To the extent there are sufficient funds in the Net Settlement Fund, each Authorized Claimant will receive an amount equal to the Authorized Claimant’s Recognized Loss and subject to the provisions in the preceding paragraph.

• If, however, the amount in the Net Settlement Fund is not sufficient to permit payment of the total Recognized Loss of each Authorized Claimant, then each Authorized Claimant shall be paid the percentage of the Net Settlement Fund that each Authorized Claimant’s Recognized Loss bears to the total Recognized Losses of all Authorized Claimants and subject to the provisions in the preceding paragraph (i.e., “pro rata share”).

• Please Note: The Recognized Loss formula, set forth below, is not intended to be an estimate of the amount of what a Settlement Class Member might have been able to recover after a trial, nor is it an estimate of the amount that will be paid to Authorized Claimants pursuant to the Settlement.

More Definitions of Recognized Loss

Recognized Loss is the amount of a claim under this Plan and is the number used to calculate an Authorized Claimant’s Recognized Claim.

Recognized Loss means an Authorized Canadian Claimant’s notional damages as calculated pursuant to the formulae set forth in this Plan of Allocation, which forms the basis upon which each Authorized Canadian Claimant’s pro rata share of the Canadian Net Settlement Fund is determined.

Recognized Loss means an Authorized Claimant's loss as determined by the Claims Administrator.

Recognized Loss amounts are based primarily on the price declines observed over the period during which Lead Plaintiffs allege corrective information was entering the market place. In this case, Lead Plaintiffs allege that Defendants made false statements and omitted material facts during the Settlement Class Period of October 26, 2010, through November 7, 2014, inclusive, which had the effect of artificially inflating the price of Rayonier common stock.

Recognized Loss means the basis upon which the Net Settlement Fund will be proportionately allocated to the Authorized Claimants.

Recognized Loss means the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commis- sions and transaction charges), and the sum for which said shares were sold at a loss (net of brokerage com- missions and transaction charges) on or before May 8, 1996. As to those shares of Happiness Express com- mon stock purchased during the Coopers Class Period which the Qualified Claimant continued to hold as of the close of trading on May 8, 1996, “Recognized Loss” shall mean the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commissions and transaction charges), and $2.50 per share, the closing price of Happiness Express common shares on May 8, 1996. Purchases during the Coopers Class Period will be matched against sales during the Coopers Class Period on a chronological basis. Transactions resulting in a gain shall not be included. The Recognized Loss formula is not intended to be an estimate of the amount that a member of the Coopers Class might have been able to recover after a trial; nor is it an estimate of the amount that will be paid to Qualified Claimants pursuant to the Settlement. The Recognized Loss formula, if approved by the Court, will be the basis upon which the Net Settlement Fund will be proportionately allo- cated to the Qualified Claimants.

Recognized Loss for settlement purposes means the loss sustained by an Authorized Claimant, calculated as follows: purchase price of Summit stock (including fees and commissions) minus $3.875 or, in the event such shares were sold prior to the end of the Settlement Class Period, the price received for such shares (net of fees and commissions). If a member of the Settlement Class sold its, his or her Summit shares at a price (net of fees and commissions) higher than its, his or hers purchase price for such shares, there is no Recognized Loss and in such event