Expected Losses definition

Expected Losses means the average future benefit payments and increases in reserves calculated for a given policy using original issue assumptions, including its demographic characteristics, policy characteristics, assumed claim incidence rates, assumed claim termination rates, and assumed claim intensity.

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Expected Losses means with respect to a given policy using original issue assumptions, the future benefit payments and increases in reserves that will result on average based on its demographic characteristics, policy characteristics, assumed claim incidence rates, assumed claim termination rates and assumed claim intensity.

Expected Losses means the result of a calculation in which the employer's payroll is multiplied by the appropriate rate for expected losses.

Examples of Expected Losses in a sentence

The Expected Losses shall be applicable throughout the Term unless otherwise mutually agreed by the Parties.
The Expected Losses identify in percentage terms the proportion of each Toll Material reasonably expected to be lost in the Manufacture of the relevant New Clinical Product(s), including in the event of a batch rejection.
The Expected Losses take into account GSK’s and the Nominated Supplier’s requirements to retain samples of the Toll Materials and/or New Clinical Products in accordance with Applicable Law.
The Expected Losses identify in percentage terms the proportion of each Toll Material reasonably expected to be lost in the Manufacture of the relevant Commercial Product(s), including in the event of a batch rejection.
The Expected Losses take into account GSK’s and the Nominated Supplier’s requirements to retain samples of the Toll Materials and/or Commercial Products in accordance with Applicable Law.
Interim Payment Date Prior to the Maturity Date, the occurrence of either (A) the complete pay off of a loan identified on Section A of the BCB Disclosure Memorandum (the “Identified Loans”), or (B) the receipt of additional collateral, guarantees or such other credit metrics as may allow the Special Committee, in its sole discretion, to re-classify any of such Identified Loans as nonclassified loans without any Expected Losses.
Each CVR would entitle the holder to a cash payment(s) based on the amount of Expected Losses (as defined below) on either the Maturity Date or an Interim Payment Date, up to a maximum of $0.40 per CVR in the aggregate.
The high-performance incentive payment standard shall be to maintain the Facility’s WCIRB experience modification (i.e., Actual Losses divided by Expected Losses) at seventy percent (70%) or below for the entire year.
If the amount of Expected Losses equals or exceeds the Stipulated Amount (as defined below) on the Maturity Date, the CVRs will expire and FBMS shall not be required to make any payment with respect to them.

More Definitions of Expected Losses

Expected Losses means the tax-effected losses identified in respect of the Identified Loans assuming an effective tax rate of 28% less any recoveries, principal payments, and, as determined by the Special Committee, improved credit metrics in respect of the Identified Loans. Stipulated Amount $371,872 Determinations All determinations with respect to Credit Losses calculations for purposes of the Identified Loans and amounts payable in respect of the CVRs shall be made by the members of a Special Committee of FBMS’s board of directors following the Closing plus ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, a former director of BCB. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ shall be a member of the Special Committee. Early Redemption FBMS may redeem the CVRs at any time at a price of $0.40 per CVR. Voting rights Any modifications of the terms of the CVRs that are adverse to the holders will require the consent of the holders of a majority of the CVRs. Otherwise, no voting rights attach to the CVRs. Dividend rights None.

Expected Losses means the average future benefit payments and increases in reserves calculated for a given policy using original issue assumptions as adjusted from time to time by the Company, including its demographic characteristics, policy characteristics, assumed claim incidence rates, assumed claim termination rates, and assumed claim intensity.

Expected Losses means (i) incidence angle irradiance losses, (ii) irradiance losses due to module soiling, (iii) conversion losses due to irradiance level, (iv) conversion losses due to cell temperature above STP efficiency, (v) conversion losses due to module quality, (vi) conversion losses due to light induced module degradation, (vii) conversion losses due to mismatched modules and strings,