Net Loss Amount definition

Net Loss Amount means the sum of Cumulative Loss Amounts under this Single Family Shared-Loss Agreement and Aggregate Net Charge-Offs under the Commercial Shared-Loss Agreement.

Net Loss Amount means the sum of all Cumulative Loss Amounts pursuant to this Agreement plus total Covered Losses minus total Covered Gains pursuant to the Commercial Agreement.

Net Loss Amount means the sum of all Charge-Offs less all Recoveries and, if the Purchase and Assumption Agreement includes a Single Family Agreement, the Cumulative Loss Amount under and as defined in the Single Family Agreement.

Examples of Net Loss Amount in a sentence

• The Assuming Institution shall deliver to the Receiver not later than 30 days following the True- Up Measurement Date, a schedule, signed by an officer of the Assuming Institution, setting forth in reasonable detail the foregoing calculation, including the calculation of the Net Loss Amount.

• On or before the True-Up Date the Assuming Institution shall deliver to the Receiver a schedule, certified as true, complete and correct by the chief executive officer or the chief financial officer of the Assuming Institution, setting forth in reasonable detail the calculation described in Exhibit 2.5, including the calculation of the Net Loss Amount (if any).

• On or before the True-Up Date the Assuming Institution shall deliver to the Receiver a schedule, signed by the chief executive officer or the chief financial officer of the Assuming Institution, setting forth in reasonable detail the calculation described in Exhibit 2.5, including the calculation of the Net Loss Amount.

• Losses and Recoveries for the related Monthly Period Average Pool Balance (2) 9,428,275,191.74Gross Losses (3) 11,201,194.50Gross Losses as a Percentage of Average Pool Balance (Annualized) 1.43%Recoveries (4) 2,037,549.36Net Losses (5) 9,163,645.14Net Losses as a Percentage of Average Pool Balance (Annualized) 1.17%Number of Accounts Charged Off During the Monthly Period 2,140Average Net Loss Amount on Accounts Charged Off during the Monthly Period 4,282.08 12.

• Losses and Recoveries for the related Monthly Period Average Pool Balance (2) Gross Losses (3)Gross Losses as a Percentage of Average Pool Balance (Annualized)Recoveries (4)Net Losses (5)10,508,875,057.1320,234,791.592.31%4,726,647.6015,508,143.99Net Losses as a Percentage of Average Pool Balance (Annualized) 1.77%Number of Accounts Charged Off During the Monthly Period 3,884Average Net Loss Amount on Accounts Charged Off during the Monthly Period 3,992.83 12.

More Definitions of Net Loss Amount

Net Loss Amount means, as of any date of determination, (i) in the case of a Defaulted Obligation, the product of (x) the difference (whether a positive or negative number) between the purchase price in respect of such Defaulted Obligation and the Market Value in respect of such Collateral Obligation in each case expressed as a percentage multiplied by (y) the Principal Balance in respect of such Collateral Obligation and (ii) for each sale of a Collateral Obligation by the Borrower to a Person that is not an Affiliate thereof, the product of (x) the difference (whether a positive or negative number) between the purchase price in respect of such Collateral Obligation and the sale price obtained by the Borrower (excluding accrued interest) in respect of such Collateral Obligation, in each case, expressed as a percentage, multiplied by (y) the Principal Balance in respect of such Collateral Obligation.

Net Loss Amount means, as of any date of determination, the excess (if any) of (a) the sum of the Net Realized Loss and the Net Unrealized Loss as of such date over (b) the sum of (i) the Accrued Interest Spread as of such date plus (ii) the aggregate amount of Contributed Capital Distributions as of such date minus (iii) the accrued MCG Interest Carry paid to MCG on or prior to such date minus (iv) the accrued Financing Cost paid to UBS on or prior to such date. Net Realized Gain means, at any time, the excess, if any, of (a) the aggregate amount of all Realized Gains accrued at or prior to such time with respect to all Collateral Debt Securities at or prior to such time constituting part of the Warehouse Portfolio over (b) the aggregate amount of all Realized Losses incurred at or prior to such time with respect to all Collateral Debt Securities at or prior to such time constituting part of the Warehouse Portfolio; and, otherwise, zero.

Net Loss Amount means the sum of all Covered Losses minus all Covered Gains and all Recoveries during the Recovery Quarter plus, if the Purchase and Assumption Agreement includes a Single Family Agreement, the Cumulative Loss Amount pursuant to and as defined in the Single Family Agreement.

Net Loss Amount. With respect to any Collection Period, (a) the sum of (i) the aggregate outstanding principal balance of Receivables that became Liquidated Receivables during such Collection Period and (ii) the amount of any Cram Down Losses with respect to the Receivables MINUS (b) the Net Liquidation Proceeds received with respect to Eligible Receivables that became Liquidated Receivables in, or prior to, such Collection Period.

Net Loss Amount means the sum of all Aggregate Net Charge-Offs under this Commercial Shared-Loss Agreement and the Cumulative Loss Amounts under the Single Family Shared-Loss Agreement. Module 1 – Whole Bank w/ Loss Share – P&A Bayside Savings Bank Version 2.07 Port Saint Xxx, Florida July 30, 2010 112

Net Loss Amount means the sum of all Covered Losses minus all Covered Gains and all Recoveries during the Recovery Quarter.

Net Loss Amount means, as of any date of determination, the excess (if any) of (a) the sum of (i) the aggregate amount of all Realized Losses accrued at or prior to such time with respect to all Collateral Debt Obligations at any time constituting part of the Warehouse Portfolio plus (ii) the aggregate amount of all Unrealized Losses with respect to all Collateral Debt Obligations constituting part of the Warehouse Portfolio at such time over (b) the sum of (i) the aggregate amount of all Realized Gains accrued at or prior to such time with respect to all Collateral Debt Obligations at any time constituting part of the Warehouse Portfolio plus (ii) the aggregate amount of all Unrealized Gains with respect to all Collateral Debt Obligations constituting part of the Warehouse Portfolio at such time.