MAXIMUM PROBABLE LOSS definition

MAXIMUM PROBABLE LOSS means the largest loss which can occur under the worst conditions that are likely to occur.
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MAXIMUM PROBABLE LOSS means the greatest damage expectation that could reasonably occur from a data breach. For purposes of this subsection, “damage expectation” means the total value of possible damage multiplied by the probability that damage would occur.
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MAXIMUM PROBABLE LOSS means the greatest damage expectation that could
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Examples of MAXIMUM PROBABLE LOSS in a sentence

  • Maximum probable loss is assessed using a model that combines the financial consequences of the identified risks with the likelihood of those risks eventuating, as well as any controls and treatments.


More Definitions of MAXIMUM PROBABLE LOSS

MAXIMUM PROBABLE LOSS means the largest loss which can occur under normal circumstances and normal plant conditions, as adjusted pursuant to Section 11.3(e) of the Facility Lease.
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Related to MAXIMUM PROBABLE LOSS

  • Cram Down Loss means, with respect to any Receivable (other than a Defaulted Receivable) as to which any court in any bankruptcy, insolvency or other similar Proceeding issues an order reducing the principal amount to be paid on such Receivable or otherwise modifies any payment terms with respect thereto, an amount equal to the amount of the principal reduction ordered by such court. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.