Portfolio Loss definition

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.
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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
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Portfolio Loss means as per an Annual Calculation Date, (i) the sum of the Security Losses of all GA Securities as per that date, excluding any Security Losses (including those incurred as a consequence of a sale of Securities and/or otherwise incurred from (and including) the Voluntary Termination Starting Date) incurred in relation to a mutually agreed, voluntary termination of the IABF Agreement, as referred to in Clause 4.2 (d) thereof. minus (ii) the sum over all GA Securities of the Security Loss of each GA Security from but excluding the GA Calculation Date up to and including the GA Security Entry Date, provided that the outcome of this calculation is positive.
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Examples of Portfolio Loss in a sentence

  • The Receiver shall be relieved of its obligations with respect to a Single Family Shared-Loss Loan upon payment of a Foreclosure Loss amount or a Short Sale Loss amount with respect to such Single Family Shared-Loss Loan or upon the sale of a Single Family Shared-Loss Loan by Assuming Bank to a person or entity that is not an Affiliate; provided, however, that if the Receiver consents to the sale of any such Single Family Shared-Loss Loan, any loss on such sale shall be a Portfolio Loss.

  • The Receiver shall be relieved of its obligations with respect to a Single Family Shared-Loss Loan upon payment of a Foreclosure Loss amount or a Short Sale Loss amount with respect to such Single Family Shared-Loss Loan or upon the sale of a Single Family Shared-Loss Loan by Assuming Institution to a person or entity that is not an Affiliate; provided, however, that if the Receiver consents to the sale of any such Single Family Shared-Loss Loan, any loss on such sale shall be a Portfolio Loss.

  • The private sector investment from IBM was an integral part of the project providing match funding and in-kind contributions.

  • Portfolio Loss Factor: For each Trading Interval = sum(Facility(i) Sent Out Metered Schedule x Loss Factor (i))/sum (Facility (i) Sent Out Metered Schedule) for all Facilities in the Verve Energy Balancing Portfolio.

  • Open or lattice-enclosed fire escapes, fireproof outside stairways and balconies opening upon fire towers, and the ordinary projections of chimneys and flues into the rear yard may be permitted by the Building Official for a distance of not more than three and one-half (3½) feet and, where the same are so placed as not to obstruct light and ventilation.

  • Finally, we turn to the claim for equitable compensation for the Portfolio Loss.

  • Switzerland recommended that Israel incorporate the Convention on the Elimination of All Forms of Discrimination against Women, the International Covenant on Economic, Social and Cultural Rights and the Convention against Torture into national legislation as soon as possible.

  • They failed in their conspiracy claim and in their claim for compensation for the Portfolio Loss and the Re-Pledged Shares Loss.

  • If they succeed in proving unlawful means conspiracy, the plaintiffs seek to be compensated in damages for the Portfolio Loss and the Re- Pledged Shares Loss.

  • The Judge also rejected the claim for equitable compensation for the Portfolio Loss, because the evidence was inconclusive as to whether the 60m Sale and the 225m Sale had caused a reduction in the price of NexGen shares (at [516]).


More Definitions of Portfolio Loss

Portfolio Loss means a Deemed Loss or a Realized Loss, as the context may require. For the avoidance of doubt, any loss incurred by Buyer (or otherwise deemed to occur) with respect to a CFS Portfolio Financing and Lease Asset in connection with (a) any early termination of such asset at the election of Buyer (i.e., Buyer consents to a non-contractual early termination of a CFS Portfolio Financing and Lease Asset prior to its Scheduled Termination Date as such Scheduled Termination Date exists as of the Initial Closing Date (in the case of a Specified Financing and Lease Asset) or (b) any Roll-up or property replacement or substitution described in Section 1.9(g)(iv) shall not constitute a Portfolio Loss under this Agreement.
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Portfolio Loss means (i) as determined for any Quarter or part -------------- thereof ending prior to the occurrence of a Triggering Event, the amount, if any, by which the Closing Class B Share Value for the immediately preceding Quarter exceeds the Closing Class B Share Value for the Quarter, and (ii) as determined for any Quarter or part thereof following the occurrence of a Triggering Event, the amount, if any, by which the Closing Class B Share Value for the immediately preceding Quarter exceeds the Class A Share Value.
Sample 1
Portfolio Loss means, with respect to any Monthly Period, the aggregate Receivable Balance of each Receivable that became a Liquidating Receivable during such Monthly Period net of the Liquidation Proceeds (including estimated Liquidation Proceeds) with respect to such Liquidating Receivables.
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Related to Portfolio Loss

  • Portfolio Asset means an asset of an investment fund;

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • 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).

  • Net Investment Loss With respect to the Certificate Account, the Servicing Accounts or the REO Account or Companion Distribution Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount by which the aggregate of all losses, if any, incurred during such period in connection with the investment of funds relating to the Trust Fund held in such account in accordance with Section 3.06, exceeds the aggregate of all interest and other income realized during such period on such funds.

  • Operating Loss means a negative Operating Profit.

  • 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.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • 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.

  • 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 greater of (i) the amount of the principal reduction ordered by such court and (ii) the difference between the Principal Balance of such Receivable at the time of such court order and the net present value (using a discount rate which is the higher of the Contract Rate of such Receivable or the rate of interest specified by such court order) of the remaining scheduled payments to be paid on such Receivable as modified or restructured. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.

  • 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.

  • Loan Loss Reserves means funds held by the Seller to cover potential losses in connection with the mortgage loans owned in the Seller’s portfolio, including without limitation any amounts required to be maintained and held as a loan loss reserve in accordance with GAAP and any other regulatory requirement applicable to the Seller.

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Restructured Loan means a Single Family Shared-Loss Loan for which the Assuming Institution has received a Restructuring Loss payment from the Receiver. This applies to owner occupied and investor owned residences.

  • 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).

  • 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.

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • 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.

  • 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

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Loss Event means (A) an annual pre-tax loss at GS Inc. or (B) annual negative revenues in one or more reporting segments as disclosed in the Firm’s Form 10-K other than the Investing & Lending segment, or annual negative revenues in the Investing & Lending segment of $5 billion or more, provided in either case that you are employed in a business within such reporting segment.