Liquidation Loss. With respect to any Liquidated Mortgage Loan, the excess of (a) the sum of (i) the outstanding principal balance of such Mortgage Loan, (ii) all accrued and unpaid interest thereon, and (iii) the amount of all Advances and other expenses incurred with respect to such Mortgage Loan (including expenses of enforcement and foreclosure) over (b) Liquidation Proceeds realized from such Mortgage Loan.
Liquidation Loss has the meaning set forth in the definition of Net Termination Loss.
Liquidation Loss means, with respect to any Defaulted Contract, the amount, if any, by which (a) the Required Payoff Amount for such Defaulted Contract as of the date such Contract became a Defaulted Contract exceeds (b) that portion of the Liquidation Proceeds for such Defaulted Contract allocated to the Issuer.
Examples of Liquidation Loss in a sentence
The aggregate Liquidation Loss Amount for all Loans that became Liquidated Loans in the Monthly Collection Period....
The aggregate Liquidation Loss Amount for all Mortgage Loans that became Liquidated Mortgage Loans in the Preceding Collection Period.........
The amount of the reimbursement of previous Liquidation Loss Amounts included in A.1(d)......................
The amount of the aggregate unreimbursed Liquidation Loss Amounts after giving effect to the distribution in A.1.(a) above ...........
Aggregate Liquidation Loss Amounts exceeds 1.25% of the Cut-off Date Pool Balance 2 7.
More Definitions of Liquidation Loss
Liquidation Loss means the loss that any deposit insurance fund in the FDIC would have incurred if the FDIC had liquidated the institution:
Liquidation Loss as used herein, shall mean (i) the actual loss (measured as of the liquidation date compared to the original cost of such securities) that results from any liquidation described in the previous sentence, and (ii) to the extent that liquidation described in the previous sentence is not effected, then the decrease in value of such securities that are not liquidated (measured as of the latest date on which market information on such value is available prior to Closing compared to the original cost of such securities).
Liquidation Loss means, for a Collection Period, the amount (if any) by which the Unpaid Balance of a Purchased Receivable (together with the Enforcement Expenses relating to the Purchased Receivable and the related Receivable Rights) exceeds the Liquidation Proceeds in relation to the Purchased Receivable for that Collection Period.
Liquidation Loss. “: The excess, upon a disposition of a defaulted Mortgage Loan, of (i) the amount owed by the Borrower thereunder, including all Advances, over (ii) the Liquidation Proceeds thereof.
Liquidation Loss means (i) the actual loss (measured as of the liquidation date compared to the original cost of such securities) that results from any liquidation of securities described below in the section of this Proxy Statement entitled "Merger Agreement – Additional Covenants; Liquidation of Securities and Other Short Term Investments” and (ii) to the extent that the liquidation described in the section of this Proxy Statement entitled "Merger Agreement – Additional Covenants; Liquidation of Securities and Other Short Term Investments” is not effected, then the decrease in value of such securities that are not liquidated (measured as of the latest date on which market information on such value is available prior to closing of the Merger Agreement compared to the original cost of such securities).
Liquidation Loss. Amount With respect to any Payment Date and any Home Loan that became a Liquidated Home Loan during the related Collection Period, the unrecovered portion of the related Loan Balance thereof at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of the Loan Balance.
Liquidation Loss means, for a Collection Period in relation to a Purchased Receivable which is being enforced, the amount (if any) by which the Unpaid Balance of the Purchased Receivable (together with the Enforcement Expenses relating to the Purchased Receivable and the related Receivable Rights) exceeds the Liquidation Proceeds in relation to the Purchased Receivable.