Pipeline Losses definition

Pipeline Losses means with respect to any Distribution Date, the product of (i) the Distressed Principal Balance and (ii) the minimum of (a) 60% and (b) the maximum of (x) 25% and (y) the sum of the Realized Losses from the last 12 Collection Periods divided by the sum of the Unpaid Principal Balance of all Liquidated Mortgage Loans from the last 12 Collection Periods.

Examples of Pipeline Losses in a sentence

  • Notwithstanding the above, in the event of, and only with respect to, Premium Capture due to Estimated Pipeline Losses exceeding Insurer's Trust Funding Obligations, Premium Capture shall no longer apply at such time when Estimated Pipeline Losses are less than (a) Insurer's Trust Funding Obligations, plus (b) the total Premium Capture under the Contract.

  • In addition, in the event the Estimated Pipeline Losses, as defined below, exceed the product ofa) the Insurer's Required Collateral Percentage, and b) the Remaining Limit of Liability, Premium Capture will apply.

  • In such event, Insurer may file a Withdrawal Notice to the Trustee for the amount in the Trust Account that the sum of Insurer's Trust Funding Obligations, plus Premium Capture under the Contract exceeds 102% of the greater of Estimated Pipeline Losses or Insurer's Trust Funding Obligations.

  • Insurer may file a Withdrawal Notice to the Trustee for the aggregate amount of Assets on deposit in the Trust Account that exceeds 102% of the greater of (1) the product of a) Estimated Pipeline Losses, and b) the Insurer's Deal Percentage or (2) the sum of (i) Insurer's Trust Funding Obligations under this Policy, and (ii) any premium amounts previously contributed to the Trust Account in connection with a Premium Capture obligation under this Policy.

  • Surges within the distribution network, due to normal operational activities, shall not exceed those due to head-losses from peak demand, or those allowable under Allowable Pipeline Losses, section 6.3.1.4 (page 64).A surge analysis shall be carried out for any areas where a surge within the network is possible due to an automated valve, pump or other proposed facility capable of inducing surge.

  • There was no information on AGO and DPK losses.Table 3.5: 2016 Pipeline Losses 3.11.

  • The handbook gives leaders the power to minimize Training Pipeline Losses (TPLs), create standardized operating procedures for RSPs, and ensure that RSP recruits excel throughout Initial Entry Training (IET).

  • Initial Entry Training Loss Prevention (Training Pipeline Losses) 6-22.

  • In such event, Subscribing Reinsurer may file a Withdrawal Notice to the Trustee for the amount in the Trust Account that the sum of Subscribing Reinsurer's Trust Funding Obligations, plus Premium Capture under the Contract exceeds 102% of the greater of Estimated Pipeline Losses or Reinsurer's Trust Funding Obligations.

  • Notwithstanding the above, in the event of, and only with respect to, Premium Capture due to Estimated Pipeline Losses exceeding Subscribing Reinsurer's Trust Funding Obligations, Premium Capture shall no longer apply at such time when Estimated Pipeline Losses are less than (a) Subscribing Reinsurer's Trust Funding Obligations, plus (b) the total Premium Capture under the Contract.

Related to Pipeline Losses

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Seller Losses shall have the meaning set forth in Section 9.1(b).

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Buyer Losses has the meaning set forth in Section 10.1(a).

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Environmental Losses means all costs and expenses of any kind, damages, including foreseeable and unforeseeable consequential damages, fines and penalties incurred in connection with any violation of and compliance with Environmental Requirements and all losses of any kind attributable to the diminution of value, loss of use or adverse effects on marketability or use of any portion of the Premises or Property.

  • Purchaser Indemnitees has the meaning set forth in Section 7.2.

  • Electrical Losses means all electrical losses associated with the transmission of Product to the Delivery Point, including if applicable, but not limited to, any transmission or transformation losses between the CAISO revenue meter and the Delivery Point.

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.

  • Buyer Indemnitees has the meaning set forth in Section 8.02.

  • Direct Losses means all damages, losses, liabilities, penalties, fines, assessments, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses.

  • Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.

  • Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;

  • Liquidating Losses means any net loss realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership (including upon the occurrence of any event of liquidation of the Partnership), including but not limited to net loss realized in connection with an adjustment to the book value of Partnership assets under Section 6.2 hereof.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Net After-Tax Benefit means the Present Value of a Payment net of all federal state and local income, employment and excise taxes imposed on Executive with respect thereto, determined by applying the highest marginal rate(s) applicable to an individual for Executive’s taxable year in which the Change in Control occurs.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Tax Loss means the taxable income or tax loss of the Trust, determined in accordance with Section 703(a) of the Code, for each Fiscal Year as determined for federal income tax purposes, together with each of the Trust's items of income, gain, loss or deduction which is separately stated or otherwise not included in computing taxable income and tax loss.