Loss Allocation Limit definition
Loss Allocation Limit. The meaning specified in Section 6.02(e) hereof.
Loss Allocation Limit. Group I Loss Allocation Limit or Group II Loss Allocation Limit.
Examples of Loss Allocation Limit in a sentence
As of any Distribution Date, the Group I Special Hazard Loss Amount will equal the initial Group I Special Hazard Loss Amount, minus the sum of (i) the aggregate amount of Special Hazard Losses that would have been previously allocated to the Group I Subordinate Certificates in the absence of the Group I Loss Allocation Limit and (ii) the Group I Adjustment Amount.