Cumulative Loss definition

Cumulative Loss means the cumulative amount (for all Fiscal Periods) of the Fund’s realized and unrealized depreciation, investment loss and allocated expenses net of the Fund’s cumulative Net Profit.

Cumulative Loss means a sum of Daily Losses for the last consecutive five days. Upon occurrence of a Cumulative Loss Limit violation, Cumulative Loss calculation is reset and begins with the Daily Loss following the day on which the violation took place.

Cumulative Loss means the consolidated net loss of the Borrower and its Subsidiaries for the twelve (12) calendar months immediately prior to the calendar month of such determination date, as defined according to GAAP (not including other comprehensive income), adjusted to (i) negate the impact of the Basis Swap Cumulative Xxxx-to-Market Amount, and (ii) reflect (A) Embedded Value Difference from General Ledger for the Fixed Price Book, and (B) Embedded Value Difference from General Ledger for the Storage Book.

Examples of Cumulative Loss in a sentence

• In the event that the sum of the Cumulative Loss Amount under this Single Family Shared-Loss Agreement and the Stated Loss Amount under the Commercial Shared-Loss Agreement meets or exceeds the Stated Threshold, the loss/recovery sharing percentages set forth herein shall change from 80/20 to 95/5 and thereafter the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to ninety-five percent (95%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

• When the Cumulative Loss to any Fund exceeds 3/10 of 1% of net asset value per share, RPS, in consultation with counsel to the Fund, will make appropriate inquiry to determine whether it should take any remedial action.

• When the Cumulative Loss to any Fund exceeds 3/10 of 1% net asset value per share, Price Services, in consultation with counsel to the Fund, will make appropriate inquiry to determine whether it should take any remedial action.

• The Cumulative Loss Ratio for such Distribution Date (the quotient of A.

• E Cumulative Loss Amount First Loss Tranche Cumulative Shared-Loss Amount Balance, beginning of month XX XX XX F Current month Net Losses (from Part 1) XX Balance, end of month XX XX XX G Shared Loss Amount XX G - F Times Loss Share percentage 80% Amount due from (to) FDIC as Receiver XX Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.

More Definitions of Cumulative Loss

Cumulative Loss. A Cumulative Loss Trigger Event is in effect on any Trigger Event: Distribution Date if the aggregate amount of Realized Losses incurred since the cut-off date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the mortgage loans as of the cut-off date exceeds the applicable percentages described below with respect to such distribution date: -------------------------------------------------------------------------------- The information herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information herein, or that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information. -------------------------------------------------------------------------------- Initial Class A: 20.25% Subordination Class M-1: 13.25% Percentage: Class M-2: 8.00% Class M-3: 6.25% Class B-1: 4.75% Class B-2: 3.50% Class B-3: 2.00% Optional Clean-up When the current aggregate principal balance of the Call: Mortgage Loans is less than or equal to 10% of the aggregate principal balance of the Mortgage Loans as of the cut-off date.

Cumulative Loss means the excess of the sum of realized Losses of the Company over the sum of realized Gains of the Company from the date hereof to the date of determination.

Cumulative Loss means the aggregate of all Quarterly A Profits and Quarterly A Losses or Quarterly B Profits and Quarterly B Losses (as the case may be) less any Interim Dividends declared to the party with respect to such Profits at any time during any Financial Year;

Cumulative Loss. A Cumulative Loss Trigger Event is in effect on any Trigger Event: Distribution Date if the aggregate amount of Realized Losses incurred since the cut-off date through the last day of the related Prepayment Period divided by the aggregate Stated Principal Balance of the mortgage loans as of the cut-off date exceeds the applicable percentages described below with respect to such distribution date: Initial Subordination Class A: 19.25% Percentage: Class M-1: 12.80% Class M-2: 7.40% Class M-3: 6.35% Class B-1: 5.20% Class B-2: 3.85% Class B-3: 2.45%

Cumulative Loss means, as of the date of any election of a Borrowing Base Sub-Cap, the consolidated net loss of the Borrower and its Subsidiaries for the period commencing on the Closing Date and ending on the date of such election (determined as a single accounting period) as defined according to GAAP, but excluding from net income any gains or losses attributable solely to accounting changes adopted by Borrower to achieve consistency with the consensus reached on Issue 02-3 (Issues Involved in Accounting for Derivative Contracts Held for Trading Purposes and Contracts Involved in Energy Trading and Risk Management Activities) by the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board reflected in the minutes of the October 25, 2002 meeting of the EITF.

Cumulative Loss means the unexpired net operating loss, as of the Departure Date, of the Newco Group Legal Entities included in Joint Returns (such net operating loss to be computed in the manner set forth in Section 3, as if the Newco Group Legal Entities included in Joint Returns had filed Separate Returns with respect to Post-Closing Periods). Except as otherwise set forth above in this Section 14(b), the amounts determined under this Section 14(b) shall disregard any change (other than a change required by law) after the Departure Date in Tax elections, Tax practices, Tax accounting methods and Tax positions of the Newco Group that accelerate the recognition of Newco Group’s income or gain (or decelerate recognition of its losses, deductions or credits).

Cumulative Loss has the meaning ascribed to it in Section 11.01(a)(i).