Loss Contracts definition

Loss Contracts means any Contract for the sale of goods and/or services which, after allocation of costs including overhead and general and administrative expenses, would result in less revenue than those direct and allocable costs.

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Loss Contracts means any contract for the sale of goods and/or services which, after allocation of costs including overhead and general and administrative expenses, would result in less revenue than those direct and allocable costs.

Loss Contracts means those Company Material Contracts pursuant to which the Company will incur a Net Loss.

Examples of Loss Contracts in a sentence

On any date of determination, the sum of the Discounted Contract Balance of each Eligible Contract (excluding all Defaulted Contracts, Casualty Loss Contracts, Early Termination Contracts and Contracts subject to a Warranty Event) included in the Asset Pool as of the date of such determination.
Notwithstanding the foregoing, this is a continuing indemnity and shall not be revoked or terminated by eFunds or Deluxe until all obligations under or with respect to the Loss Contracts have been paid or performed in full, with no further recourse whether at law or in equity, against Deluxe or eFunds, as applicable being available to any third party with respect to such obligations.
The portion of a ceding company's program consisting of Pro Rata Treaties and/or Risk Excess of Loss Contracts involving one or more layers where appropriate, and subject to the same loss from an original insured.
It is understood and agreed that, where the Reinsured has in effect other Excess of Loss Contract(s), underlying recoveries thereunder shall inure to its sole benefit and shall not be taken into account when calculating the Ultimate Net Loss hereunder.
If eFunds' determines that a different methodology is desirable or appropriate in determining the amount of its reported reserves for Loss Contracts and that such methodology should be applied to the determination of the Loss Contract Reserve herein, eFunds may propose such methodology to Deluxe for consideration and, with Deluxe's consent, apply such methodology to the determination of the Loss Contract Reserve herein.
The portion of a ceding company's program consisting of Catastrophe Excess of Loss and/or Aggregate Excess of Loss Contracts involving one or more layers where appropriate.
To the extent Seller has any such fixed-price development contracts, none of those contracts are known to be Loss Contracts.
Section 3.20 of the Company Disclosure Schedule sets forth those Specified Contracts that are Loss Contracts for which there are accruals in excess of $500,000.
On any date of determination, the sum of the Discounted Contract Balance of each Eligible Contract (excluding all Defaulted Contracts, Casualty Loss Contracts, Early Termination Contracts and Contracts subject to a Warranty Event) included in the Borrowing Base as of the date of such determination.
None of the Company or Subsidiary has any Material Contracts that are Loss Contracts.

More Definitions of Loss Contracts

Loss Contracts means the Fuel Contracts listed in Schedule A to this Agreement.

Loss Contracts means any contract for the manufacture and sale of railcars entered into by and between any Loan Party and a third-party purchaser prior to May 31, 2008, which, after taking into account all costs to be incurred to manufacture and deliver such railcars, could reasonably be expected to result in revenue loss for such Loan Party, and, as a result thereof, a liability is recorded by the Consolidated Group, in accordance with GAAP.