Statement of Loss definition

Statement of Loss means the written notice given by AFSC to the Insured setting forth the loss and Indemnity as determined by AFSC.
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Statement of Loss means the form that an ongoing Food Assistance household uses to apply for disaster benefits. The official name of the form is 470-4903, Statement of Loss of Income or Disaster-Related Expenses (English), or470-4903(S), Declaración de pérdida de ingresos o gastos debido a catástrofe(Spanish).
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Examples of Statement of Loss in a sentence

  • The expense relating to the issuance of these options is recorded in the Statement of Loss with an offsetting increase to contributed surplus.

  • A gain or loss on an investment that is subsequently measured at FVTPL is recognized in profit or loss and presented net as revenue in the Statement of Loss and Comprehensive Loss in the period in which it arises.

  • Canadian dollar denominated balances generated foreign exchange gains and losses that are reported on the Statement of Loss and Comprehensive Loss.

  • The contractor must, along with the member/employee record loss and/or damage on a DD Form 1840, Joint Statement of Loss or Damage at Delivery, Figure G6-1.

  • The Sub-recipient further agrees to provide all pertinent insurance information, including but not limited to copies of all policies, declarations pages, insuring agreements, conditions, and exclusions, Statement of Loss, and Statement of Values for each insured damaged facility.

  • The Company measures financial assets at FVTPL at fair value, recognizing any gains or losses arising from this measurement in the Statement of Loss and Comprehensive Loss.Loans and receivablesLoans and receivables are financial assets with fixed or determinable payments that are not quoted in an active market.

  • Southern does not apply hedge accounting to its commodity derivative contracts; accordingly, changes in the fair value of these instruments are recognized in the Consolidated Statement of Loss and Comprehensive Loss in the period of change.

  • The net of tax amount has been disclosed as other expense in the Statement of Loss.

  • Upon the flow-through funds being fully expended, the flow-through premium liability will be extinguished through the Statement of Loss and Comprehensive Loss during the year in which the expenditures occur.

  • The aggregate finance fees (bonus shares and bonus warrants) are recorded against the promissory notes balance and are being amortized to the Statement of Loss over the life of the promissory notes using the effective interest method.

Related to Statement of Loss

  • Event of Loss means, with respect to any Property, any of the following: (a) any loss, destruction or damage of such Property; (b) any pending or threatened institution of any proceedings for the condemnation or seizure of such Property or for the exercise of any right of eminent domain; or (c) any actual condemnation, seizure or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the requisition of the use of such Property.

  • Funds Flow Statement means a funds flow statement in agreed form.

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.