Loss Calculation Date definition
Loss Calculation Date means the date as of which a Loss is calculated as provided in Paragraph 6.
Loss Calculation Date has the meaning given to that term in the Uniform Loss Sharing Attachment. 4
Examples of Loss Calculation Date in a sentence
If the calculation prepared in accordance with Paragraph 7 above shows that no Transaction Loss was realized, the GSE will provide or cause to be provided a statement to that effect to Treasury within 90 days of the Loss Calculation Date.
The GSE will pay the amount of any Second Position Losses (less all amounts previously paid by the GSE to Treasury as Second Position Losses) to Treasury or its order not later than 90 days after the Loss Calculation Date.
The Transaction Loss realized on the New Issue Bond or Temporary Credit and Liquidity Facility as of the Loss Calculation Date.
The Transaction Loss realized on the Eligible Bond or Temporary Credit and Liquidity Facility as of the Loss Calculation Date.