Extraordinary Losses definition

Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event.

Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event. Fannie Mae: Federal National Mortgage Association, a federally chartered and privately oxxxx xorporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. FDIC: Federal Deposit Insurance Corporation or any successor thereto.

Extraordinary Losses. Any loss incurred on a Mortgage Loan caused by or resulting from an Extraordinary Event. Xxxxxx Mae: Federal National Mortgage Association, a federally chartered and privately owned corporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. FDIC: Federal Deposit Insurance Corporation or any successor thereto.

Examples of Extraordinary Losses in a sentence

• Settlement Class Members with Extraordinary Losses must submit substantial and plausible documentation supporting their claims.

• Settlement Class Members must also have made reasonable efforts to avoid, or seek reimbursement for, such Extraordinary Losses, including but not limited to exhaustion of all available credit monitoring insurance and identity theft insurance.

• OR you can elect an Alternative Cash Payment – A pro rata (equal share) payment from the net Settlement Fund, which is $2,450,000 minus payment of costs of the settlement including the costs of the Notice Program and Claims Administration, Attorneys’ Fees and Expenses of up to $661,500, Service Awards of up to $1,500 each to the Representative Plaintiffs, and payments for claims for Ordinary Losses, Attested Time Spent, and Extraordinary Losses.

• Class Members who have been identified from Dominion National’s records and who submit within one hundred eighty (180) days of the Notice Date a valid Claim Form approved by the Settlement Administrator may qualify to receive payments for Out-of- Pocket and Extraordinary Losses.

• Settlement Class Members may make a claim for documented Extraordinary Losses related to the Data Incident, up to a maximum amount of $5,000.00.

More Definitions of Extraordinary Losses

Extraordinary Losses. Any loss incurred on a Mortgage Loan in Loan Group I, Loan Group II, Loan Group III or Loan Group IV caused by or resulting from an Extraordinary Event.

Extraordinary Losses means the amount ascribed to such term in the Income Statement.

Extraordinary Losses. Any Realized Loss incurred on a Mortgage Loan, to the extent that the loss was attributable to physical damage to a Mortgaged Property of a type excluded from coverage under the Special Hazard Insurance Policy, as specified therein under "II.

Extraordinary Losses means for any period any extraordinary losses determined in accordance with GAAP.

Extraordinary Losses has the meaning set forth in Section 7.2.

Extraordinary Losses means the losses incurred by the Corporation in an operating year in excess of the amount of net income of said year, including interest, plus twenty-five (25) percent of the accrued reserves balance.

Extraordinary Losses means documented and unreimbursed monetary losses more likely than not caused by the Data Incident that occurred between September 2021 and the Claims Deadline. “Extraordinary Losses” cannot include losses already covered by the ordinary losses category.