Subject Losses definition

Subject Losses has the meaning set forth in Section 7.5.
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Subject Losses. Part A Subject Losses:
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Subject Losses has the meaning given such term in the Contribution Agreement.
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Examples of Subject Losses in a sentence

  • Without limiting the generality of the foregoing, except for remedies for fraud and as specifically authorized by this Article 7, the Purchaser and the Seller hereby waive, release and disclaim any claims, rights or remedies arising in tort, by statute, or otherwise, with respect to the Subject Losses.

  • For each state and kind of insurance, the Subject Premium shall be the sum of Subject Losses and the Charges for the Insurance Charge, Expenses and Profit divided by the Tax/Assessment Divisor as determined below.

  • Subject LossesWe have shown our forecast of your Subject Losses below.

  • Section A Subject Losses shall not include rider benefits, extracontractual payments, extracontractual damages, loss adjustment expenses and other benefits not expressly specified under the terms of the Subject Business contracts.

  • The output of each step-wise dilution was the average of the four replicates across two plates.

  • The first part of the Subject Premium will be the sum of all Subject Losses under any applicable terms of the policies described in Section 1 of PART II and as identified in Section 5, Item A of PART II.

  • The Aggregate Stop Amount will be the Aggregate Stop Amount shown in the endorsement, less all Subject Losses that you must reimburse us for under any Loss Reimbursement or Deductible terms applicable to the policy covering the Incurred Loss, and any amounts as described in the endorsement that you have paid as Self-Insured Losses.

  • Option A: Subject Loss includes all or a part of all ALAE such that the Subject Losses will not exceed the applicable Retained Amount.

  • If Repudiation Losses have been paid by the Reinsurer under Section B of this Agreement and Section B Subject Losses other than Repudiation Losses are incurred subsequent to such payment, then such non-Repudiation Losses shall be substituted, in equal dollar amounts, for the Repudiation Losses already paid by the Reinsurer.

  • Without limiting the generality of the foregoing, except as specifically authorized by this Article 12, the Partnership and Contributor hereby waive, release and disclaim any claims, rights or remedies arising in tort, by statute, or otherwise, with respect to the Subject Losses.


More Definitions of Subject Losses

Subject Losses has the meaning set forth in Section 10.2 hereof.
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Subject Losses means the entire Incurred Loss (including any reimbursable or deductible portion of it) up to the sum of
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Related to Subject Losses

  • Direct Losses means all damages, losses, liabilities, penalties, fines, assessments, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses.

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • 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.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Relevant Losses means, in relation to:

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • 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:

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • 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 shall have the meaning set forth in Section 5(a).

  • Cumulative Net Losses means, as of any date of determination, the aggregate cumulative principal amount of all Receivables that have become Liquidated Receivables since the Initial Cutoff Date, net of all Net Liquidation Proceeds and Recoveries with respect to such Receivables as of last day of the most recently ended Collection Period.

  • Direct Loss means charges actually paid pursuant to this Agreement in respect of the period of the Delay. For the purposes of clause 13.4, the User's losses arising out of a Delay will be taken to include the amount of the relevant Direct Losses.

  • Bankruptcy Losses With respect to the Mortgage Loans in the related Mortgage Pool, losses that are incurred as a result of Deficient Valuations and any reduction, in a bankruptcy proceeding, of the amount of the Scheduled Payment on a Mortgage Loan other than as a result of a Deficient Valuation.

  • 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;

  • Incurred losses means the sum of:

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Cumulative Realized Losses As of any date of determination, the aggregate amount of Realized Losses with respect to the Mortgage Loans.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Purchaser Indemnitees has the meaning set forth in Section 7.02.