Stated Threshold definition

Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

Stated Threshold means total losses under the shared loss agreements in the amount of $18,000,000.00.

Examples of Stated Threshold in a sentence

• Losses on Home Equity Loans shall be shared under the charge-off policies of the Assuming Bank’s Examination Criteria as if they were Single Family Shared-Loss Loans with respect to the calculation of the Stated Threshold.

• In the event that the sum of the Cumulative Loss Amount under this Single Family Shared-Loss Agreement and the Stated Loss Amount under the Commercial Shared-Loss Agreement meets or exceeds the Stated Threshold, the loss/recovery sharing percentages set forth herein shall change from 80/20 to 95/5 and thereafter the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to ninety-five percent (95%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

• Losses on Home Equity Loans shall be shared under the charge-off policies of the Assuming Institution’s Examination Criteria as if they were Single Family Shared-Loss Loans with respect to the calculation of the Stated Threshold.

• In the event that the Stated Threshold has been met the loss/recovery sharing percentages shall change from 80/20 to 95/5 and thereafter the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to ninety-five percent (95%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

• In the event that the sum of the Cumulative Loss Amount under this Single Family Shared-Loss Agreement and the Stated Loss Amount under the Commercial Shared-Loss Agreement equals or exceeds the Stated Threshold, the loss/recovery sharing percentages set forth herein shall change from 80/20 to 95/5 and thereafter the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to ninety-five percent (95%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

More Definitions of Stated Threshold

Stated Threshold means total losses under the shared loss agreements for: Security Bank of Xxxx County in the amount of $33,500,000.00; Security Bank of Gwinnett County in the amount of $31,800,000.00; Security Bank of Houston County in the amount of $13,200,000.00; Security Bank of Xxxxx County in the amount of $18,200,000.00; Security Bank of North Xxxxxx in the amount of $6,700,000.00; and, Security Bank of North Metro in the amount of $9,300,000.00.

Stated Threshold means total losses under the shared loss agreements in the amount of $233,000,000.00. The Stated Threshold shall be adjusted for each Asset repurchased by the Receiver by decreasing the Stated Threshold by an amount equal to the Book Value of the Asset multiplied by the appropriate Stated Threshold Percentage reflected on the Attached Schedule 1 based on how that Asset was shown and coded on the books and records of the Failed Bank as of the Bid Valuation Date.

Stated Threshold means total losses under the shared loss agreements in the amount of $46 million ($46,000,000.00).

Stated Threshold means total losses under the shared loss agreements in the amount of Seven Million Dollars ($7,000,000.00).

Stated Threshold means total tosses under the shared loss agreements in the amount of $115,000,000.

Stated Threshold means total losses under the shared loss agreements in the amount of $65,000,000. “Termination Date” means the last day of the Final Shared-Loss Recovery Month.

Stated Threshold means total losses under the shared loss agreements in the amount of $5,600,000.00. Module 1 – Whole Bank w/ Loss Share – P&A WATERFORD VILLAGE BANK Version 1.07 WILLIAMSVILLE, NEW YORK July 14, 2009 98