Loss Allocation Limitation definition

Loss Allocation Limitation. As defined in Section 4.4(g).
Loss Allocation Limitation. The meaning specified in Section 6.02(c) hereof.
Loss Allocation Limitation. The meaning specified in Section 5.05(b) hereof.

Examples of Loss Allocation Limitation in a sentence

  • Special Hazard Loss Coverage Amount: With respect to any Distribution Date and $14,260,971, less (i) the aggregate amount of Special Hazard Losses that would have been previously allocated to the Subordinate Certificates in the absence of the Loss Allocation Limitation and (ii) the Adjustment Amount as of the most recent anniversary of August 1, 2003.

  • Plaintiff have complied with all applicable provisions of the insurance contract, including payment of the premiums in exchange for coverage under the insurance contract, and yet Farmers has abrogated its insurance coverage obligations.

  • Special Hazard Loss Coverage Amount: With respect to any Distribution Date, $3,542,398 less (i) the aggregate amount of Special Hazard Losses that would have been previously allocated to the Subordinate Certificates (other than the Class B-1-X Certificates) in the absence of the Loss Allocation Limitation and (ii) the Adjustment Amount as of the most recent anniversary of the Cut-off Date.


More Definitions of Loss Allocation Limitation

Loss Allocation Limitation. The Group I Loss Allocation Limitation or Group II Loss Allocation Limitation, as applicable.
Loss Allocation Limitation. As defined in Section 3.24(c) of the Indenture.
Loss Allocation Limitation. The limitation on reduction of the Certificate Principal Balance of any class of Group I-IV Senior Certificates and Subordinate Certificates on any Distribution Date on account of any Realized Loss to the extent that the reduction would have the effect of reducing the aggregate Certificate Principal Balance of all of the Group I-IV Senior Certificates and Subordinate Certificates as of that Distribution Date to an amount less than the aggregate principal balance of the Group I-IV Mortgage Loans as of the following Distribution Date, less any Deficient Valuations occurring before the Bankruptcy Loss Coverage Amount has been reduced to zero
Loss Allocation Limitation. As defined in Section 5.03(b).
Loss Allocation Limitation. Group 1 Loss Allocation Limitation or Group 2 Loss Allocation Limitation, as applicable.
Loss Allocation Limitation. With respect to the Group II Certificates, the limitation on reductions of the Class Certificate Balance of any Class on any Distribution Date on account of any Realized Loss to the extent that the reduction would have the effect of reducing the aggregate Class Certificate Balance of all of the certificates (other than the Interest Only Certificates and Class PO Certificates) as of that Distribution Date to an amount less than the Pool Balance for all of the Subgroups in Group II as of the following Distribution Date, less (i) any Deficient Valuations applicable to each such Subgroup in Group II occurring before the Bankruptcy Loss Coverage Amount has been reduced to zero and less (ii) the PO Percentage of the Scheduled Principal Balance of any Discount Loans.
Loss Allocation Limitation. As defined in the Series Supplement.