Subject Loss definition

Subject Loss means the entire Incurred Loss (including any reimbursable or deductible portion of it) up to the sum of:
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Subject Loss shall include all Loss, ALAE and ECO, if any, net of excess of loss reinsurance purchased by the company but not stop loss reinsurance for losses with a discovery date during the term of this agreement and complying with the losses discovered definition that follows. "Losses Discovered" shall be deemed to mean new losses first reported to the Company on or after the effective date of the treaty on bonds written or renewed on or after January 1, 2000. Losses discovered pxxxx xo April 1, 2000 and development on losses discovered prior to April 1, 2000 are specifically excluded.
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Subject Loss means the entire Incurred Loss up to the sum of:
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Examples of Subject Loss in a sentence

  • Subject Loss includes none of the ALAE.D. “Basis” will have the meaning(s) shown in Section 10 of PART II.

  • According to the EIR: • Potential Project impacts in this area include groundwater pumping and recharge, impacts to off-site wells, contamination of domestic water wells, groundwater recharge, increased urban storm runoff, and degradation of groundwater quality from urban runoff.• If surface water is secured to recharge underground supply, cumulative development would not result in significant and unavoidable decline in groundwater elevations.

  • If we DO incur an obligation to pay damages, benefits or indemnity under the policies because of a claim, Subject Loss under that claim will include all ALAE incurred under that claim, multiplied by the amount of our obligation to pay damages or benefits up to the Loss Limit, divided by the total amount of our obligation to pay damages or benefits.

  • Option A: Subject Loss includes all or a part of all ALAE such that the Subject Loss will not exceed the applicable Retained Amount.

  • Option A: Subject Loss includes all or a part of all ALAE such that the Subject Loss will not exceed the Loss Limit.

  • If we incur NO obligation under the policies to pay damages, benefits or indemnity resulting from a claim, Subject Loss under that claim will include all ALAE up to the applicable Retained Amount and a percentage of all ALAE in excess thereof.

  • If we incur NO obligation under the policies to pay damages, benefits or indemnity resulting from a claim, Subject Loss under that claim will include all ALAE up to the Loss Limit and a percentage of all ALAE in excess thereof.

  • The Subject Loss was a direct and proximate result of the above-referenced breaches of warranty by Defendants for which Defendants are legally liable.WHEREFORE Plaintiff prays that this Court enter judgment in its favor and against Defendants in an amount in excess of $900,000.00, together with interest, the costs of this action and any other relief this Court deems appropriate.

  • That prior to the Subject Loss, Plaintiff utilized the services of and wholly relied on the services provided and representations made Defendants Furman, FIA, Lawton and SCU regarding adequate insurance coverage to secure insurance coverage for its equipment.

  • Search and pursuit-evasion in mobile robotics.Autonomous robots, 31(4):299–316, 2011.J. Czyzowicz, L.


More Definitions of Subject Loss

Subject Loss. Subject Loss shall be defined as Loss, ALAE and ULAE for losses with a discovery date during the term of this agreement. "Losses Discovered" shall be deemed to mean new losses reported on or after the effective date and specifically excludes any development of losses discovered by the Company prior to inception relating to business inforce as of July 1, 1998.
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Related to Subject Loss

  • Direct Loss means charges actually paid pursuant to this Agreement in respect of the period of the Delay. For the purposes of clause 13.4, the User's losses arising out of a Delay will be taken to include the amount of the relevant Direct Losses.

  • Packet Loss means the difference between the number of service frames transmitted at the ingress UNI and the total number of service frames received at the egress UNI. Packet Loss may also be referred to as Frame 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.

  • 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.

  • Deficient Loss means the determination by a court in a bankruptcy proceeding that the value of the collateral is less than the amount of the loan in which case the loss will be the difference between the then unpaid principal balance (or the NPV of a modified loan that defaults) and the value of the collateral so established.

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Operating Loss means a negative Operating Profit.

  • Economic loss means any of the following types of pecuniary harm:

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • 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.

  • Residual Loss means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • relevant loss means any loss or liability which has been or may be incurred by a relevant officer in connection with that relevant officer's duties or powers in relation to the Company, any associated company or any pension fund or employees' share scheme of the Company or associated company; and

  • 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.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

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

  • Fraud Loss A Liquidated Loan Loss as to which there was fraud in the origination of such Mortgage Loan.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.

  • Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or (ii) the sale of a loan with the consent of the Receiver as provided in Section 2.7.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of eighty one million dollars ($81,000,000).

  • Close at Loss means an offer to close a Transaction in an FX and CFD position at a price determined in advance by you which, in the case of a Buy is lower than the opening Transaction price and in the case of a Sell is higher than the opening Transaction price.

  • Foreclosure Loss means the loss realized when the Assuming Institution has completed the foreclosure on a Single Family Shared-Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2c(1)-(3).