Seller Loss definition

Seller Loss has the meaning specified in Section 9.3.
Seller Loss has the meaning as specified in § 19.3(a) (Termination Amount);
Seller Loss as defined in Section 10.3.

Examples of Seller Loss in a sentence

  • Immediately upon the conveyance of the Initial Mortgage Loans referred to in the preceding paragraph, the Depositor sells, transfers, assigns, sets over and otherwise conveys to the Trustee for benefit of the Certificateholders, without recourse, all right title and interest in the Initial Mortgage Loans and causes the Seller to issue the Seller Loss Coverage Obligation in favor of the Trust pursuant to Section 2.08 hereof.

  • The obligation of the Seller to remit Enhancement Payments will terminate when the Seller Loss Coverage Amount has been reduced to zero.

  • Liability for indemnification hereunder shall expire as provided in Section 9(g) below unless, prior to such date, the Indemnified Party has given to the Indemnifying Party written notice of a Purchaser Loss or a Seller Loss (setting forth in reasonable detail the specific facts and circumstances then known and pertaining thereto).

  • An Initial Holdings Report of Reportable Securities must be submitted by an Access Person no later than 10 days after the person becomes an Access Person.

  • Such written notice shall state in reasonable detail the factual basis for such claim to the extent then known by the Indemnified Party and the nature of the Buyer Loss or Seller Loss for which indemnification is sought, and it may state the amount of the Buyer Loss or Seller Loss claimed.


More Definitions of Seller Loss

Seller Loss shall have the meaning specified in Section 10.3.
Seller Loss means any and all PRC taxes paid or payable to the PRC Governmental Authorities in connection with or as a result of the First Closing, the Second Closing and the Dividend and Distribution, and any and all costs, fees and expenses incurred by the Seller (or its Affiliates) payable to its legal counsel, Duff & Xxxxxx LLC and other agents or advisors in connection with this Agreement and the transactions contemplated hereby.
Seller Loss means (i) a Loss actually incurred by a Seller Indemnitee (other than as described in clause (ii) of this definition) and (ii) Seller’s 60% share of a Loss actually incurred by the Company.
Seller Loss. - shall mean the amount, if any, of Taxes owed by Seller (including, without limitation, Taxes resulting from the receipt of any Indemnity Payment) to any taxing authority in excess of the amount of Taxes owed to any taxing authority by the Seller with respect to the sale of the Shares, which amount arises from a Sale Event * * *
Seller Loss has the meaning specified in SECTION 5.2.
Seller Loss or "Seller Losses" shall mean those losses incurred by a Seller Indemnified Party as defined in Section 9.4.
Seller Loss the difference between (i) the overall United States federal income tax liability of the Seller including such Seller Loss for such taxable year and (ii) the overall United States federal income tax liability of the Seller excluding such Seller Loss for such taxable year.