Common use of First Method and Loss Clause in Contracts

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 471 contracts

Sources: Interest Rate Swap Agreement (Vw Credit Leasing LTD), Long Term Power Purchase Agreement, Long Term Power Purchase Agreement

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 257 contracts

Sources: Interest Rate Swap Agreement (Carmax Auto Funding LLC), Interest Rate Swap Agreement (Carmax Auto Funding LLC), Isda Master Agreement (CNH Capital Receivables LLC)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's Loss in respect of this Agreement.

Appears in 59 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr2), Pooling and Servicing Agreement (FFMLT 2006-Ff6)

First Method and Loss. If if the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 11 contracts

Sources: Isda Master Agreement (Sasco 2007-Bnc1), Isda Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oci), Isda Master Agreement (BNC Mortgage Loan Trust 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss loss in respect of this Agreement.

Appears in 10 contracts

Sources: Isda Master Agreement (Macquarie Securitisation LTD), Isda Master Agreement (Macquarie Securitisation LTD), Isda Master Agreement (Macquarie Securitisation LTD)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.. Back to Contents

Appears in 7 contracts

Sources: Isda Master Agreement (Holmes Master Issuer), Isda Master Agreement (Holmes Master Issuer), Isda Master Agreement (Holmes Master Issuer)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Sources: Isda Master Agreement (Dollar General Corp), Isda Master Agreement (Bedford Property Investors Inc/Md), Isda Master Agreement (Kaman Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Sources: Isda Master Agreement (Panda Global Holdings Inc), Merger Agreement (Springs Industries Inc), Isda Master Agreement (Itec Attractions Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 3 contracts

Sources: Master Agreement (Adesa Inc), Isda Master Agreement (Interneuron Pharmaceuticals Inc), Isda Master Agreement (Murphy Wendell H)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.,

Appears in 1 contract

Sources: Term Loan Agreement (Outdoor Channel Holdings Inc)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to payto the Non-defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of respectof this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.this

Appears in 1 contract

Sources: Isda Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar15)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non‑defaulting Party, if a positive number, the Non-defaulting Non‑defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oc2)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Sources: Master Agreement (Acreedo Health Inc)

First Method and Loss. If the The First Method and Loss apply, the Defaulting Party will pay to the The Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (American Skiing Co)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreement.9

Appears in 1 contract

Sources: Isda Master Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar21)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Thornburg Mortgage Securities Trust 2007-1)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-Non- defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Westpac Securitisation Management Pty LTD)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non -defaulting Party, if a positive number, the Non-defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Affiliate Investment, Inc.)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-Non- defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Sources: Swap Transaction Confirmation (Cl&p Funding LLC)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non-defaulting Party's Loss in respect of this Agreementagreement.

Appears in 1 contract

Sources: Isda Master Agreement (Mondavi Robert Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, . the Non-defaulting Party's Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement (Lillian Vernon Corp)

First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Non­defaulting Party, if a positive number, the Non-defaulting Non­defaulting Party's ’s Loss in respect of this Agreement.

Appears in 1 contract

Sources: Isda Master Agreement