Loss Calculations Clause Samples

Loss Calculations. Upon notice from the Seller, the Servicer shall perform the calculations specified in Sections 5.01(c)(ii)(x) and 5.01(c)(ii)(y) of the Sale Agreement in the manner specified in such Sections and notify the Issuer and the Bond Trustee thereof.

Loss Calculations. Losses on Shared-Loss Loans shall be calculated in the form, and determined in accordance with, the methodologies set forth in the respective Exhibits attached to this Agreement as follows: (i) Restructuring Losses shall be determined in accordance with Exhibits 2a(1)-(3); (ii) Deficiency Losses shall be reported as Restructuring Losses and, if applicable, the net present value of a modified Shared-Loss Loan shall be determined in accordance with Exhibits 2a(1)-(3), as applicable; (iii) Modification Default Losses shall be determined in accordance with Exhibits 2a(1)-(3), as applicable;

Loss Calculations. Losses on Shared-Loss Loans shall be calculated in the form, and determined in accordance with, the methodologies set forth in the respective Exhibits attached to this Agreement as follows:

Loss Calculations. In calculating the amount of any Loss for which any Indemnitor is liable under this Article 8, there shall be taken into consideration (i) when and as received or incurred, the value of any actual federal or state income tax benefits and the cost of any actual federal or state income tax detriments as a result of the receipt of any indemnity payment, and (ii) the amount of any insurance recoveries the Indemnitor in fact receives as a direct consequence of the circumstances to which the Loss related or from which the Loss resulted or arose, except to the extent such insurance recoveries have or are reasonably anticipated to result in future or retroactive premium increases.

Loss Calculations. Losses on Shared-Loss Assets shall be calculated and determined, and shall be reported to the Receiver, in the manner set forth in this Section 2(d): (i) Restructuring Losses shall be calculated and determined in accordance with Exhibit 2a(1)-(3); (ii) Short-Sale Losses shall be calculated and determined in accordance with Exhibit 2b(1)-(3); (iii) Collateral Sale Losses shall be calculated and determined in accordance with Exhibit 2c(1)-(3); (iv) Junior Loan Losses shall be calculated and determined in accordance with the charge-off policies or the loan classification criteria employed by the AI Chartering Authority in the manner set forth in Exhibit 2d(1)-(3); (v) Loan Sale Losses shall be calculated and determined in accordance with Exhibit 2e(1)-(3).

Loss Calculations. For the calculation of the demand losses, the monthly peak in NSP’s LBA was used. The calculations for the demand losses are as follows: 2016 Demand Loss Calculations Month NSPM NSPW 2016 Peak Demand (MW) 2016 Peak Loss (MW) Percentage Loss 2016 Peak Demand (MW) 2016 Peak Loss (MW) Percentage Loss January 6,310 152.15 2.41% 1,298 48.23 3.72% February 6,131 465.2 7.59% 1,221 135.68 11.11% March 5,629 128.95 2.29% 1,110 66.71 6.01% April 5,733 206.45 3.60% 1,025 79.99 7.81% May 6,799 108.61 1.60% 1,120 23.14 2.07% June 7,970 198.05 2.48% 1,293 48.83 3.78% July 9,098 273.03 3.00% 1,485 82.62 5.56% August 8,909 330.12 3.71% 1,484 91.18 6.14% September 6,759 220.43 3.26% 1,241 82.43 6.64% October 5,840 208.04 3.56% 1,047 55.98 5.35% November 5,828 186.26 3.20% 1,088 56.83 5.22% December 6,521 289.06 4.43% 1,282 62.46 4.87% Total 81,528 2,766.35 3.43% 14,693 834.07 5.69% Month NSPM NSPW 2017 Peak Demand (MW) 2017 Peak Loss (MW) Percentage Loss 2017 Peak Demand (MW) 2017 Peak Loss (MW) Percentage Loss January 5,699 136.31 2.39% 1,246 55.94 4.49% February 5,361 250.41 4.67% 1,218 71.40 5.86% March 5,001 157.42 3.15% 1,138 62.99 5.54% April 4,775 155.77 3.26% 1,053 55.49 5.27% May 5,559 165.09 2.97% 1,080 58.49 5.42% June 7,128 280.28 3.93% 1,287 76.75 5.96% July 7,702 223.8 2.91% 1,428 63.41 4.44% August 7,057 224.41 3.18% 1,344 83.43 6.21% September 7,449 289.58 3.89% 1,379 83.13 6.03% October 5,133 139.77 2.72% 1,134 56.67 5.00% November 5,197 269.13 5.18% 1,192 54.61 4.58% December 5,574 257.67 4.62% 1,269 89.65 7.06% Total 71,635 2,549.64 3.57% 14,768 811.95 5.49% 2018 Demand Loss Calculations Month NSPM NSPW 2018 Peak Demand (MW) 2018 Peak Loss (MW) Percentage Loss 2018 Peak Demand (MW) 2018 Peak Loss (MW) Percentage Loss January 5,393 265.69 4.93% 1,312 84.08 6.41% February 5,208 273.81 5.26% 1,227 70.80 5.77% March 4,713 206.66 4.38% 1,147 41.40 3.61% April 4,572 205.23 4.49% 1,114 41.13 3.69% May 6,749 237.73 3.52% 1,457 67.23 4.61% June 7,353 302.56 4.11% 1,494 58.84 3.94% July 7,369 216.28 2.94% 1,453 38.96 2.68% August 7,056 195.14 2.77% 1,437 81.41 5.67% September 6,324 185.88 2.94% 1,298 49.59 3.82% October 4,719 211.05 4.47% 1,043 42.08 4.03% November 5,013 165.97 3.31% 1,196 39.15 3.27% December 5,022 220.33 4.39% 1,236 51.11 4.14% Total 69,491 2,686.33 3.87% 15,414 665.78 4.32% Month NSPM NSPW 2019 Peak Demand (MW) 2019 Peak Loss (MW) Percentage Loss 2019 Peak Demand (MW) 2019 Peak Loss (MW) Percentage Loss January 5,523 177.55 3.21% 1,308 40.38 3....

Loss Calculations. The Parties shall use the loss calculation formulas in Exhibit A for power scheduling, dispatch, automatic generation control {“AGO”), and other purposes related to operation of the PDCI. A Party implementing a system modification expected to impact PDCI loss calculation accuracy shall propose appropriate modification to the Exhibit A loss calculation formulas. The proposed change shall be submitted to the other Party for review and approval at least six months prior to implementing the system-modification. A Party may propose modification to the loss formulas to improve accuracy at any time subject to review and approval of both Parties. PDCI loss ' measurements may be conducted periodically as determined by the Parties to confirm the accuracy of the loss calculation formulas. '