Maximum Loss definition

Maximum Loss means $1 million.
Maximum Loss means, the largest possible generation/load loss that doesn’t result in a rate of change of frequency above the Trigger Level.
Maximum Loss is hereby amended to read as follows: Borrower may suffer losses not to exceed: $15,000,000 for the fiscal quarter ending September 30, 2001; and $11,500,000 for the fiscal quarter ending December 31, 2001

Examples of Maximum Loss in a sentence

  • The amount of coverage shall be purchased on a full replacement cost basis, except for earthquake, windstorm and flood perils which shall be provided as sublimits and aggregate limits supported by a Probable Maximum Loss (PML) study and/or Catastrophe (CAT) Modeling report, if such insurance amounts are appropriate and available on commercially reasonable terms.

  • The amount of coverage shall be purchased on a full replacement cost basis (no coinsurance shall apply) except for earthquake, windstorm and flood perils which shall be provided as sublimits and aggregate limits supported by a Probable Maximum Loss (PML) study and/or Catastrophe (CAT) Modeling reports, if such insurance amounts are appropriate and available on commercially reasonable terms.

  • The percentage calculated by dividing (a) the actual Probable Maximum Loss ("PML") determined by the Company's wind insurance in force on September 30, 2020, by (b) the original PML of $891,356,560.

  • The percentage calculated by dividing (a) the actual Probable Maximum Loss ("PML") determined by the Company's wind insurance in force on September 30, 2021, by (b) the original PML of $[***].

  • The amount of coverage shall be purchased on a full replacement cost basis (no coinsurance shall apply) except for named windstorm, earthquake, and flood perils which shall be provided as sublimits and aggregate limits supported by a Probable Maximum Loss (PML) study and/or Catastrophe (CAT) Modeling report, if such insurance amounts are appropriate and available on commercially reasonable terms.


More Definitions of Maximum Loss

Maximum Loss means USD 20,000,000.
Maximum Loss is defined in Section 9.4.
Maximum Loss means EUR 15,000,000.
Maximum Loss means, as calculated on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net loss of Borrower and its Subsidiaries, plus (a) Interest Expense, plus (b) to the extent deducted in the calculation of net loss, depreciation expense and amortization expense, plus (c) income tax expense for such period taken as a single accounting period, plus (d) non-cash stock compensation expense.
Maximum Loss means GBP 40,000,000.
Maximum Loss. Borrower and its Subsidiaries, on a consolidated basis, shall not incur a fiscal year-to-date pre-tax loss, calculated in accordance with GAAP, in excess of $525,000 as of September 30, 1999."
Maximum Loss means EUR 114,000,000.