Recognized Loss definition

Recognized Loss means the amount of a claim by a Settlement Class Member, as defined in the Plan of Allocation.

Recognized Loss is the amount of a claim under this Plan and is the number used to calculate an Authorized Claimant’s Recognized Claim.

Recognized Loss is the amount of a claim under the Plan of Allocation and is the number used to calculate an Authorized Claimant’s Recognized Claim.

Examples of Recognized Loss in a sentence

• It clearly informs the Settlement Class Members of the process they must follow to submit a claim, the information they must provide to establish that they are Settlement Class members and the amount of their Recognized Loss, and instructions for how to submit that information.

• Recognized Loss Amounts are based primarily on the price declines observed over the period which Plaintiff alleges corrective information was entering the marketplace.

• For each SRAC Security purchased or otherwise acquired after July 13, 2021, the Recognized Loss Amount is$0.00.

• The Determination Notice will further provide to each Preliminary Claimant that is determined to be an Eligible Claimant with his, her, or its calculated Recognized Loss.

• To the extent a Claimant does not satisfy one of the conditions set forth in the preceding paragraph, his, her, or its Recognized Loss Amount for those transactions will be zero.

More Definitions of Recognized Loss

Recognized Loss means an Authorized Claimant's loss as determined by the 5 Claims Administrator.

Recognized Loss means the amount of loss calculated in accordance with the Plan of Allocation.

Recognized Loss means the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commis- sions and transaction charges), and the sum for which said shares were sold at a loss (net of brokerage com- missions and transaction charges) on or before May 8, 1996. As to those shares of Happiness Express com- mon stock purchased during the Coopers Class Period which the Qualified Claimant continued to hold as of the close of trading on May 8, 1996, “Recognized Loss” shall mean the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commissions and transaction charges), and $2.50 per share, the closing price of Happiness Express common shares on May 8, 1996. Purchases during the Coopers Class Period will be matched against sales during the Coopers Class Period on a chronological basis. Transactions resulting in a gain shall not be included. The Recognized Loss formula is not intended to be an estimate of the amount that a member of the Coopers Class might have been able to recover after a trial; nor is it an estimate of the amount that will be paid to Qualified Claimants pursuant to the Settlement. The Recognized Loss formula, if approved by the Court, will be the basis upon which the Net Settlement Fund will be proportionately allo- cated to the Qualified Claimants.

Recognized Loss means the basis upon which the Net Settlement Fund will be proportionately allocated to the Authorized Claimants.

Recognized Loss for settlement purposes means the loss sustained by an Authorized Claimant, calculated as follows: purchase price of Summit stock (including fees and commissions) minus $3.875 or, in the event such shares were sold prior to the end of the Settlement Class Period, the price received for such shares (net of fees and commissions). If a member of the Settlement Class sold its, his or her Summit shares at a price (net of fees and commissions) higher than its, his or hers purchase price for such shares, there is no Recognized Loss and in such event

Recognized Loss means the amount of loss on each Security depending on when the share was acquired, sold, or if it was retained, as calculated pursuant to the Plan of Allocation.

Recognized Loss means a Claimant’s nominal damages as calculated pursuant to the formula set forth herein, and which forms the basis for each Claimant’s pro rata share of the Class Compensation Fund.