Loss Allowance definition

Loss Allowance has the meaning set forth in Section 3.1(g).
Loss Allowance has the meaning set forth in Section 7.
Loss Allowance is defined in Section 8.2.

Examples of Loss Allowance in a sentence

  • PLA is settled financially pursuant to Carrier’s Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement dated November 1, 2021, which is posted on Carrier’s website and updated from time to time with notice to all Shippers.

  • PLA is settled financially pursuant to Carrier’s then effective Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement, which is posted on Carrier’s website and available upon request.

  • A Pipeline Loss Allowance (“PLA”) of [U] two tenths of one percent (0.2%) shall apply to quantities tendered at a Class A Receipt Point, a Class B Receipt Point or the BCC Spanish Trail Receipt Point for delivery to a Delivery Point with one exception.

  • The Pipeline Loss Allowance shall be redetermined periodically based upon Transporter’s experience during the preceding twelve months.

  • A Pipeline Loss Allowance (“PLA”) of [U] two tenths of one percent (0.2%) shall apply to quantities tendered at a Class A or Class B Receipt Point for delivery to a Delivery Point with one exception.

  • The rates of payment will be the same as those used for co-opted members of the Council for Financial Loss Allowance, Motor Vehicle Allowance and Subsistence Allowance (the latter cannot be claimed if food is provided at the meeting).

  • Transporter shall not be responsible to Shipper for the Pipeline Loss Allowance.

  • The Pipeline Loss Allowance shall be allocated on a pro- rata basis to each Shipper of Crude Petroleum on Transporter’s System.

  • Notwithstanding anything to the contrary herein, Shipper’s pro rata share of Pipeline Loss Allowance for any Accounting Period, shall not exceed one percent (1.0%) of Shipper’s Crude Petroleum delivered to Transporter’s for such Accounting Period.

  • PLA is settled financially pursuant to Carrier’s Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement dated July 1, 2020, which is posted on Carrier’s website and updated from time to time with notice to all Shippers.


More Definitions of Loss Allowance

Loss Allowance means loss due to normal operations, including evaporation and shrinkage, of up to 0.2% of Materials received into the Storage Facilities; provided that the Loss Allowance shall not apply to discrete measurable losses that are not considered normal operational losses, such as, without limitation, losses from casualty.
Loss Allowance means any normal handling losses in excess of one quarter of one percent (0.25%) of all Crude Petroleum received into the Terminal, the basis being the difference between truck receipt meter tickets NSV figures and Terminal meter ticket NSV figures.
Loss Allowance is defined in Section 12.1 of this Schedule A.
Loss Allowance means that amount of Product as set forth in Section 27.
Loss Allowance has the meaning set forth in Section 5.1.

Related to Loss Allowance

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Cost sharing means the respective share of Total Project Costs to be contributed by the Applicant and by DOE. The percentage of Applicant Cost Share is to be applied to the Total Project Cost (i.e., the sum of Applicant plus DOE Cost Shares) rather than to the DOE contribution alone.

  • PHARMACY ALLOWANCE means the lower of: • the amount the pharmacy charges for the prescription drug; • the amount we or our PBM have negotiated with a network pharmacy; or • the maximum amount we pay any pharmacy for that prescription drug.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Allowance means compensation payable to an employee in addition to the regular remuneration payable for the performance of the duties of his position.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Monthly Excess Interest As to any Distribution Date, the sum of (A) the Interest Remittance Amount remaining after the application of payments pursuant to clauses A. through F. of Section 4.02(b)(i) plus (B) the Principal Payment Amount remaining after the application of payments pursuant to clauses A. through E. of Section 4.02(b)(ii) or (iii).

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Excess insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Recoveries means, with respect to any Liquidated Receivable, monies collected in respect thereof, from whatever source (other than from the sale or other disposition of the Financed Equipment), after such Receivable became a Liquidated Receivable.

  • Settlement Costs means: (a) any award of attorneys’ fees, expenses, and costs to Class Counsel approved by the Court; (b) all costs of printing and providing Class Notice to persons in the Settlement Class (including, but not limited to, costs for Mail Notice, Publication Notice, Website Notice, and any different or additional notice that might be ordered by the Court); (c) all costs of administering the Settlement; and (e) the fees, expenses, and all other costs of the Notice Administrator.

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.