Common use of First Method and Loss Clause in Contracts

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 467 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He5), Master Agreement (Structured Asset Investment Loan Trust 2005-6), Master Agreement (Structured Asset Securities Corp 2005-Ar1)

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First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 251 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Master Agreement (Cheniere Energy Inc), Master Agreement (Toyota Auto Finance Receivables LLC)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's Loss in respect of this Agreement.

Appears in 65 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Capital I Inc. Trust 2006-He1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1)

First Method and Loss. If if the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 11 contracts

Samples: Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6), Master Agreement (Sasco 2007-Bnc1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss loss in respect of this Agreement.

Appears in 10 contracts

Samples: Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.. Back to Contents

Appears in 7 contracts

Samples: Isda Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.. (3)

Appears in 4 contracts

Samples: Credit Agreement (Lubys Cafeterias Inc), Mbna America Bank National Association, Mbna America Bank National Association

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Samples: Master Agreement (Adesa Inc), Master Agreement (Interneuron Pharmaceuticals Inc), Master Agreement (Murphy Wendell H)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Springs Industries Inc), Master Agreement (Itec Attractions Inc), Master Agreement (Panda Global Holdings Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 2 contracts

Samples: Master Agreement (Kaman Corp), Master Agreement (Bedford Property Investors Inc/Md)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non‑defaulting Party, if a positive number, the Non-defaulting Non‑defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oc2)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Cl&p Funding LLC)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.this

Appears in 1 contract

Samples: Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar15)

First Method and Loss. If the The First Method and Loss apply, the Defaulting Party will pay to the The Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (American Skiing Co)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.. (a)

Appears in 1 contract

Samples: Master Agreement (Dollar General Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non­defaulting Party, if a positive number, the Non-defaulting Non­defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Disclosure Agreement

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First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to payto the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of respectof this Agreement.

Appears in 1 contract

Samples: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non -defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Affiliate Investment, Inc.)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Acreedo Health Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreementagreement.

Appears in 1 contract

Samples: Master Agreement (Mondavi Robert Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, . the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Lillian Vernon Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.9

Appears in 1 contract

Samples: Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar21)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Westpac Securitisation Management Pty LTD)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Samples: Master Agreement (Thornburg Mortgage Securities Trust 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.,

Appears in 1 contract

Samples: Term Loan Agreement (Outdoor Channel Holdings Inc)

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