Cash Loss. At Reassured's discretion, Minimum $5,000,000. Accounts:- Quarterly Accounts in GBP and US$ separately on each year of account. Presentation within 45 days of end of quarter with settlement due within 30 days thereafter.
Cash Loss means the losses, liabilities, damages, costs, claims, shortfall or expenses incurred or suffered, to the extent that same are not subjected to any power of assessment under Section D-909 or any mechanism under Section D-914, arising in connection with the default of any Approved Financial Institution, or settlement bank, or other entity that holds cash deposits of the Corporation or of Clearing Participants, representing Margin Deposits. The failure or inability, even on a temporary basis, of an Approved Financial Institution, settlement bank or other entity to accept, transfer or otherwise deal with the cash deposits in the ordinary course may constitute a “Cash Loss”.
Cash Loss means (i) for any period other than the period ending on January 31, 2002, the sum of the Travis Entities' (a) pre-tax losses for such period, plus (b) depreciation taken for such period; and (ii) for the period ending on January 31, 2002, the sum of the Travis Exxxxxxs (a) the December 2001 Cash Loss plus (b) any .pretax profit for the month of January, 2002 (with any pretax loss in January, 2002 be deemed to be zero); plus (c) depreciation taken in January, 2002.
Examples of Cash Loss in a sentence
The Company has incurred Cash Losses of Rs. 34958 lacs during the financial year covered by the audit and in the immediately preceding financial year, there was Cash Loss of Rs. 24622 lacs.
And we need to acknowledge that the Archive has itself signalled the problem of inadequate storage and has made various unsuccessful attempts to raise additional funding.Also, we are certainly not suggesting to funders that deposited material should be removed.
However, the Company has not incurred Cash Loss in the immediately preceding financial year.
The Company has not incurred any Cash Loss during the year and immediately preceding financial year.
The Company has not incurred any Cash Loss at the end of financial year covered under the Audit or in the immediately preceding financial year.
More Definitions of Cash Loss
Cash Loss. At Reassured's discretion, Minimum GBP 2,666,666 ($4,000,000). ACCOUNTS:- Quarterly Accounts in GBP and US$ separately on each year of account. Presentation within 45 days of end of quarter with settlement due within 30 days thereafter.
Cash Loss means loss as computed without providing for depreciation;
Cash Loss. Special Cash request for individual losses and/or catastrophe losses above $250,000 for 100%. (Waived for Kyoei's participation).
Cash Loss. At the Reinsured's discretion, subject to a minimum ceded ---------- loss recoverable of $2,000,000. Accounts: Quarterly accounts for each of the Reinsured's fiscal -------- year's business ceded hereunder.
Cash Loss. For losses equal to or greater than USD500,000 for 100% of the treaty. ACCOUNTS: Quarterly accounts to be submitted within 60 days of the close of each quarter, with remittances of balances by either party 30 days thereafter.
Cash Loss. For losses equal to or greater than USD 100,000 for 100% of the treaty. ACCOUNTS: Quarterly accounts to be submitted within 60 days of the close of each quarter, with remittances of balances by either party 30 days thereafter. GENERAL Cessions hereunder shall be subject to the same CONDITIONS: periods, terms, clauses and and conditions and warranties as the original. Furthermore, this reinsurance is to follow original settlements and/ or agreements in all respects. Acceptances in currencies other than United States Dollars shall be at the rates of exchange as used in the books of the reinsured. Reinsurers shall beneift from recoveries under any specific reinsurances purchased by the Reassured solely to protect the business hereunder and shall be debited with their proportion of the cost of such reinsurances. Confidentiality Clause as attached Extra Contractual Obligations Inclusion Clause NMX 100 as attached Offset Clause as attached UK Jurisdiction Clause as attached Outstanding Claims Advance Clause as attached Continuity of Agreement Clause as attached Mediation Clause as attached Arbitration Clause as attached Insolvency Event Clause Delays, Errors or Omissions Clause Alterations and Amendments Clause Access to Records Clause
Cash Loss. For losses equal to or greater than USD ---------- 100,000 for 100% of the treaty. ACCOUNTS: Quarterly accounts to be submitted within 60 --------- days of the close of each quarter, with remittances of balances by either party 30 days thereafter.