LGD model definition

LGD model means all data and methods used as part of a rating system within the meaning of Article 142(1) point (1) of Regulation (EU) No 575/2013 that relate to the differentiation and quantification of own estimates of LGD, LGD in-default and ELBE and are used to assess the level of loss in the case of default for each facility covered by that model;
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Related to LGD model

  • Park model means a recreational vehicle intended for

  • Model shall refer to a particular brand of Vehicle sold by an OEM (e.g., Taurus, Tahoe, Grand Caravan).

  • Sponsor Model means the Sponsor’s financial model, dated June 26, 2018, used in connection with the syndication of the Credit Facility.

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Financial Model means the computer model a Proponent has used and which is proposed to become the Financial Model under the Project Agreement in the format specified in Part 2 of Schedule 3 to this RFP;