Extraordinary Losses definition

Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event.
Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event. Fannie Mae: Federal National Mortgage Association, a federally chartered and privately oxxxx xorporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. FDIC: Federal Deposit Insurance Corporation or any successor thereto.
Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event. Xxxxxx Mae: Federal National Mortgage Association, a federally chartered and privately owned corporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. FDIC: Federal Deposit Insurance Corporation or any successor thereto.

More Definitions of Extraordinary Losses

Extraordinary Losses. Any loss incurred on a Mortgage Loan in Loan Group I, Loan Group II or Loan Group III caused by or resulting from an Extraordinary Event.
Extraordinary Losses means the amount ascribed to such term in the Income Statement.
Extraordinary Losses. Any Realized Loss incurred on a Mortgage Loan, to the extent that the loss was attributable to physical damage to a Mortgaged Property of a type excluded from coverage under the Special Hazard Insurance Policy, as specified therein under "II.
Extraordinary Losses means for any period any extraordinary losses determined in accordance with GAAP.
Extraordinary Losses has the meaning set forth in Section 7.2.
Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event. FDIC: Federal Deposit Insurance Corporation or any successor thereto.
Extraordinary Losses means, with respect to any period, for Holdings and its Subsidiaries on a consolidated basis, the aggregate amount of losses which are properly classified as extraordinary or non- recurring in accordance with GAAP (including, without limitation, losses from the sale or other disposition of Property not in the ordinary course of business but excluding any depreciation or amortization resulting from revaluations of the assets acquired in the Acquisition or pursuant to the Agreement for the Acquisition of Certain Assets dated as of July 31, 1992 between the Company and Xxxxx Xxxxxx Candy Shops, Inc.), net of any income or gain realized during such period which is properly classified as extraordinary or non-recurring in accordance with GAAP (including, without limitation, gain or income from the sale or other disposition of property not in the ordinary course of business).