Index Loss definition

Index Loss as used herein shall mean an amount equal to the sum of all County Index Losses arising out of any one Qualifying Event.
Sample 1
Index Loss as used in this Contract shall mean an amount equal to the sum of all county index losses arising out of any one qualifying event.
Sample 1

Examples of Index Loss in a sentence

  • For any day of a Term, the Vested Index Loss is equal to:1)the Index Loss, if any, to the extent that it is no worse than the Floor; multiplied by2)the applicable Vesting Factor for that day.

  • For more information on these measures, refer to [21].Set L(( T ) = LGINI ((Xt)t∈T ) to emphasize the dependence on the partition and let ∆L(T , T ′) =L((Xt)t∈T ) − L((Xt)t∈T ′ ) give the difference of Gini Index Loss between two trees.

  • The Rainfall Index Loss calculated for this Covered Area Rainfall Event was below the attachment point of Trinidad’s Excess Rainfall policy and therefore no payout is due.CCRIF expresses empathy with the Government and people of Trinidad and Tobago for the impacts on communities and infrastructure caused by this event.

  • The Rainfall Index Loss was calculated for this Covered Area Rainfall Event (CARE) that started on 18 October and ended on 20 October 2018, producing government losses which were above the attachment point of Trinidad’s Excess Rainfall policy.

  • The Rainfall Index Loss was calculated for this Covered Area Rainfall Event (CARE) that started on 18 September and ended on 19 September 2017, producing government losses which were above the attachment point of Barbados’ Excess Rainfall policy.

  • CMORPH and WRF1 produced a Rainfall Index Loss larger than the Country Loss Threshold (US$6,000,000).

  • As a consequence of the heavy rainfall from Tropical Cyclone Matthew over Barbados, the Rainfall Index Loss (RIL) calculated for this CARE was above the Attachment Point of Barbados´ Excess Rainfall policy and therefore the policy was triggered, indicating that a payout of US$753,277 is due.

  • The Rainfall Index Loss, calculated for this Covered Area Rainfall Event (CARE) that started on 5 October and ended on 8 October 2017, was below the attachment point of Nicaragua’s Excess Rainfall policy and therefore no payout is due.CCRIF expresses empathy with the Government and people of Nicaragua for the loss of life and impacts on communities and infrastructure caused by this event.

  • View View mask (grayscale image)View result image on chess backgroundUse to preview the extracted objects against a colored matte background.View source (non- processed) image You can switch between source, processed images and mask at any time.

  • The surfaces will be fully cleaned and ready for adhesive.**NOTE: Substrate Repairs and leveling is NOT included; if required, a Change Work Order will be issued.Installation:- Splash Pad: Inside Edge will lay, cut, and adhere 3/8” (up to 4,200 sf w/ waste) Life Floor tiles in ripple texture as shown.

Related to Index Loss

  • Index year means the earliest calendar year in which the

  • Index A means the index for the year prior to the

  • Index B means the index for the year prior to index A.

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • Index Return means the percentage change in the Closing Level of the Index measured from the Closing Date to the Final Valuation Date and rounded to two decimal places, calculated as follows:

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Index Group means the NASDAQ Bank Index.

  • Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or (ii) the sale of a loan with the consent of the Receiver as provided in Section 2.7.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Index Fee means 1.0% per annum. The Index Fee is charged each calendar day, beginning as of the Index Start Date. It is calculated on the basis of a 360-day year and the most recently calculated Index Closing Value.

  • Economic loss means any of the following types of pecuniary harm:

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • Index Provider means, in respect of a Sub-Fund, the person responsible for compiling the Index against which the relevant Sub-Fund benchmarks its investments and who holds the right to licence the use of such Index to the relevant Sub-Fund as set out in the relevant Appendix.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Packet Loss means the difference between the number of service frames transmitted at the ingress UNI and the total number of service frames received at the egress UNI. Packet Loss may also be referred to as Frame Loss.

  • Index Sponsor means the sponsor or publisher of an Index.

  • Index Call Event means each of the following events: