Maximum Loss definition

Maximum Loss means, the largest possible generation/load loss that doesn’t result in a rate of change of frequency above the Trigger Level.
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Maximum Loss means $1 million.
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Maximum Loss means GBP 40,000,000.
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Examples of Maximum Loss in a sentence

  • The frequency distribution and the individual event severity distribution, or information about the formulation of events, underlying Form A-8, Hurricane Probable Maximum Loss for Florida, will be reviewed.

  • Interrogatory 6.2 The Company employs industry recognized catastrophe modeling software to estimate the Probable Maximum Loss.

  • SM suggested that a meeting with interested parties should be expedited quickly due to the approaching implementation date which would flag as a high risk on the REC project.

  • 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 data and methods used for hurricane probable maximum loss levels for Form A-8, Hurricane Probable Maximum Loss for Florida, will be reviewed.


More Definitions of Maximum Loss

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.
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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
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Maximum Loss means EUR 15,000,000.
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Maximum Loss is defined in Section 9.4.
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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."
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Maximum Loss means EUR 114,000,000.
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Maximum Loss means USD 20,000,000.
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