Amount of Loss definition

Amount of Loss means (A) if the amount paid to Lender (whether for principal, interest, fees, expenses, or otherwise) in connection with a Qualifying Sale is (i) $*** or more, zero, (ii) if the amount paid is less than $*** but equal to or more than $***, then the excess of $*** over the amount paid to Lender in connection with a Qualifying Sale (excluding any payment pursuant to this Agreement) but in no event to exceed $7,500,000, and (iii) if the amount paid to Lender (whether for principal, interest, fees, expenses or otherwise) in connection with a Non-Qualifying Sale is less than $***, $7,500,000 and (B) in connection with the Company’s exercise of the Put Option, $7,500,000.
Amount of Loss so much of the amount of any Insured Receivable that remained unpaid or unrealized owing to the occurrence of any of the Insured Risks but shall not include the following:
Amount of Loss means an amount equal to the unpaid balance of the principal amount, less any amounts realized by perfecting rights under a security agreement, together with such interest as the executive director shall allow, to a maximum of such interest as may be allowed by rule. The amount of loss is subject to the limitations contained in section 11(2)(c) of this act.

Examples of Amount of Loss in a sentence

  • The amount of loss in this case will be determined by using the following formula:Insurance Carried X Amount of Loss = Limit of Recovery Insurance RequiredWhere the penalty applies, building loss under the RCBAP will be adjusted based on the Replacement Cost Coverage with a coinsurance penalty.

  • The permissible limits of Cargo losses resulting from RCT Services are determined the same as they are indicated for the specific Cargo type in column 4 of Annex 3 to Cabinet Regulation No. 861 of 20 December 2016 “Procedure for Determining the Amount of Loss for Bulk Goods Under Customs Supervision”, unless otherwise provided in the Agreement or annexes to the Agreement.

  • Retained Earnings: Amount of Loss is retained with the banking company after meeting up all expenses and provisions.

  • The cap applies because the Debris Removal exceeds 35% of the Amount of Loss and exceeds 35% of the Limit of Insurance for the Covered Property sustaining the loss.The additional amount payable for Debris Removal Expense is provided in accordance with the terms of Paragraph (4), because the Debris Removal Expense ($90,000) exceeds 35% of the loss payable and exceeds 35% of the Limit of Insurance on the Covered Property sustaining the loss.

  • The Amount of Loss Should Have Been Measured by the Personal Benefit to Esquenazi, Not Terra 62CONCLUSION 64TABLE OF AUTHORITIESCASES Arthur Anderson LLP v.


More Definitions of Amount of Loss

Amount of Loss means so much of the outstanding balance in the INSURED DEBT account pertaining to an EXPORTER as shall be within the admissible limits in pursuance of provisions of clause 6 and arrived at after taking into account the following adjustments, that is, deducting there from – the whole of the amount of any relevant recoveries, realizations or repayments up to the date of ascertainment of loss pursuant to clause 12;any amount pertaining to interest accrued on the advances granted to the EXPORTER;any credits received by the insured that should have been credited to the export packing credit account but was not credited;any amount pertaining to a claim for set-off or counter-claim raised by the EXPORTER against the Insured that was verified and found by the CORPORATION to be prima facie valid and maintainable ;value of export bill tendered by the exporter to the Insured that was not credited to the export packing credit account; andany other amount that, in the opinion of the CORPORATION, was an inappropriate or irregular debit into the export packing credit account of the exporter in the light of the relevant regulatory guidelines or accepted banking practices.
Amount of Loss means monetary loss directly arising from a Cause of Loss in respect of the Investment, which shall be limited to 90% (ninety percent) of the Current Insured Amount, being –
Amount of Loss means the gross invoicethe date of claim payment, less the followingwhich has not been paid at applicable:
Amount of Loss means monetary loss not exceeding the Maximum Liability directly or indirectly suffered by the Insured limited to non-receipt of the Insured Debt or any part thereof or, having received any amount, the failure by the Insured to retain such amount as a consequence of the operation of applicable law, after deduction of the following amounts and/or benefits without duplication
Amount of Loss means an amount ((not exceeding the Maximum Liability) as set out in clause 4.6, after deduction of the following amounts and/or benefits without duplication
Amount of Loss means the actual monetary amount incurred by the insured in the Fourth District and the amount the insurance company is obligated to indemnify the insured in the Third District 5
Amount of Loss means an amount equal to the unpaid balance of