Loss Calculations Clause Samples

Loss Calculations. Losses on Shared-Loss Loans shall be calculated in the form, and determined in accordance with, the methodologies set forth in the respective Exhibits attached to this Agreement as follows: (i) Restructuring Losses shall be determined in accordance with Exhibits 2a(1)-(3); (ii) Deficiency Losses shall be reported as Restructuring Losses and, if applicable, the net present value of a modified Shared-Loss Loan shall be determined in accordance with Exhibits 2a(1)-(3), as applicable; (iii) Modification Default Losses shall be determined in accordance with Exhibits 2a(1)-(3), as applicable; (iv) Short-Sale Losses shall be determined in accordance with Exhibits 2b(1)-(3); (v) Foreclosure Losses shall be determined in accordance with Exhibits 2c(1)-(3); (vi) Home Equity Loan Losses shall be determined in accordance with the charge-off policies of the loan classification criteria employed by the Assuming Institution’s Chartering Authority as set forth in Exhibit 2d(1); (vii) Losses, if applicable, on Restructured Loans shall be determined in accordance with Exhibit 2d(2); (viii) Loan Sale Losses shall be determined in accordance with Exhibits 2e(1)-(3); (ix) Losses on Investor-Owned Residential Loans shall be determined in the same manner as Restructuring Losses. With the consent of the Receiver, Investor-Owned Residential Loans may be restructured under terms different from the standards set forth in Exhibit 5.
Loss Calculations. Upon notice from the Seller, the Servicer shall perform the calculations specified in Sections 5.01(c)(ii)(x) and 5.01(c)(ii)(y) of the Sale Agreement in the manner specified in such Sections and notify the Issuer and the Bond Trustee thereof.
Loss Calculations. Losses on Shared-Loss Loans shall be calculated in the form, and determined in accordance with, the methodologies set forth in the respective Exhibits attached to this Agreement as follows: (i) Restructuring Losses shall be determined in accordance with Exhibits 2a(1)-(3); (ii) Deficiency Losses shall be reported as Restructuring Losses and, if applicable, the net present value of a modified Shared-Loss Loan shall be determined in accordance with Exhibits 2a(1)-(3), as applicable; (iii) Modification Default Losses shall be determined in accordance with Exhibits 2a(1)-(3), as applicable;
Loss Calculations. Losses on Shared-Loss Loans shall be calculated in the form, and determined in accordance with, the methodologies set forth in the respective Exhibits attached to this Agreement as follows:
Loss Calculations. In calculating the amount of any Loss for which any Indemnitor is liable under this Article 8, there shall be taken into consideration (i) when and as received or incurred, the value of any actual federal or state income tax benefits and the cost of any actual federal or state income tax detriments as a result of the receipt of any indemnity payment, and (ii) the amount of any insurance recoveries the Indemnitor in fact receives as a direct consequence of the circumstances to which the Loss related or from which the Loss resulted or arose, except to the extent such insurance recoveries have or are reasonably anticipated to result in future or retroactive premium increases.
Loss Calculations. Losses on Shared-Loss Assets shall be calculated and determined, and shall be reported to the Receiver, in the manner set forth in this Section 2(d): (i) Restructuring Losses shall be calculated and determined in accordance with Exhibit 2a(1)-(3); (ii) Short-Sale Losses shall be calculated and determined in accordance with Exhibit 2b(1)-(3); (iii) Collateral Sale Losses shall be calculated and determined in accordance with Exhibit 2c(1)-(3); (iv) Junior Loan Losses shall be calculated and determined in accordance with the charge-off policies or the loan classification criteria employed by the AI Chartering Authority in the manner set forth in Exhibit 2d(1)-(3); (v) Loan Sale Losses shall be calculated and determined in accordance with Exhibit 2e(1)-(3).
Loss Calculations. For the calculation of the demand losses, the monthly peak in NSP’s LBA was used. The calculations for the demand losses are as follows: 2016 Demand Loss Calculations Month NSPM NSPW 2016 Peak Demand (MW) 2016 Peak Loss (MW) Percentage Loss 2016 Peak Demand (MW) 2016 Peak Loss (MW) Percentage Loss January 6,310 152.15 2.41% 1,298 48.23 3.72% February 6,131 465.2 7.59% 1,221 135.68 11.11% March 5,629 128.95 2.29% 1,110 66.71 6.01% April 5,733 206.45 3.60% 1,025 79.99 7.81% May 6,799 108.61 1.60% 1,120 23.14 2.07% June 7,970 198.05 2.48% 1,293 48.83 3.78% July 9,098 273.03 3.00% 1,485 82.62 5.56% August 8,909 330.12 3.71% 1,484 91.18 6.14% September 6,759 220.43 3.26% 1,241 82.43 6.64% October 5,840 208.04 3.56% 1,047 55.98 5.35% November 5,828 186.26 3.20% 1,088 56.83 5.22% December 6,521 289.06 4.43% 1,282 62.46 4.87% Total 81,528 2,766.35 3.43% 14,693 834.07 5.69% Month NSPM NSPW 2017 Peak Demand (MW) 2017 Peak Loss (MW) Percentage Loss 2017 Peak Demand (MW) 2017 Peak Loss (MW) Percentage Loss January 5,699 136.31 2.39% 1,246 55.94 4.49% February 5,361 250.41 4.67% 1,218 71.40 5.86% March 5,001 157.42 3.15% 1,138 62.99 5.54% April 4,775 155.77 3.26% 1,053 55.49 5.27% May 5,559 165.09 2.97% 1,080 58.49 5.42% June 7,128 280.28 3.93% 1,287 76.75 5.96% July 7,702 223.8 2.91% 1,428 63.41 4.44% August 7,057 224.41 3.18% 1,344 83.43 6.21% September 7,449 289.58 3.89% 1,379 83.13 6.03% October 5,133 139.77 2.72% 1,134 56.67 5.00% November 5,197 269.13 5.18% 1,192 54.61 4.58% December 5,574 257.67 4.62% 1,269 89.65 7.06% Total 71,635 2,549.64 3.57% 14,768 811.95 5.49% 2018 Demand Loss Calculations Month NSPM NSPW 2018 Peak Demand (MW) 2018 Peak Loss (MW) Percentage Loss 2018 Peak Demand (MW) 2018 Peak Loss (MW) Percentage Loss January 5,393 265.69 4.93% 1,312 84.08 6.41% February 5,208 273.81 5.26% 1,227 70.80 5.77% March 4,713 206.66 4.38% 1,147 41.40 3.61% April 4,572 205.23 4.49% 1,114 41.13 3.69% May 6,749 237.73 3.52% 1,457 67.23 4.61% June 7,353 302.56 4.11% 1,494 58.84 3.94% July 7,369 216.28 2.94% 1,453 38.96 2.68% August 7,056 195.14 2.77% 1,437 81.41 5.67% September 6,324 185.88 2.94% 1,298 49.59 3.82% October 4,719 211.05 4.47% 1,043 42.08 4.03% November 5,013 165.97 3.31% 1,196 39.15 3.27% December 5,022 220.33 4.39% 1,236 51.11 4.14% Total 69,491 2,686.33 3.87% 15,414 665.78 4.32% Month NSPM NSPW 2019 Peak Demand (MW) 2019 Peak Loss (MW) Percentage Loss 2019 Peak Demand (MW) 2019 Peak Loss (MW) Percentage Loss January 5,523 177.55 3.21% 1,308 40.38 3....
Loss Calculations. The Parties shall use the loss calculation formulas in Exhibit A for power scheduling, dispatch, automatic generation control {“AGO”), and other purposes related to operation of the PDCI. A Party implementing a system modification expected to impact PDCI loss calculation accuracy shall propose appropriate modification to the Exhibit A loss calculation formulas. The proposed change shall be submitted to the other Party for review and approval at least six months prior to implementing the system-modification. A Party may propose modification to the loss formulas to improve accuracy at any time subject to review and approval of both Parties. PDCI loss ' measurements may be conducted periodically as determined by the Parties to confirm the accuracy of the loss calculation formulas. '

Related to Loss Calculations

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, financial ratios, tests and covenants, including the Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated in the manner prescribed by this Section 1.9. (b) For purposes of calculating any financial ratio, covenant or test, Specified Transactions (with any incurrence or repayment (excluding voluntary repayments) of any Debt in connection therewith to be subject to Section 1.9(c)) that have been made (i) during the applicable measurement period and (ii) subsequent to such period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that all such Specified Transactions (and any increase or decrease in EBITDA and the component financial definitions used therein attributable to any Specified Transaction) had occurred on the first day of the applicable measurement period. If, since the beginning of any applicable period any Person that subsequently became a Subsidiary or was merged, amalgamated or consolidated with or into Borrower or any of its Subsidiaries since the beginning of such period shall have made any Specified Transaction that would have required adjustment pursuant to this Section 1.9, then such financial ratio or test shall be calculated to give pro forma effect thereto in accordance with this Section 1.9. (c) In the event that Borrower or any Subsidiary incurs (including by assumption or guarantees) or repays (including by redemption, repayment (other than voluntary repayments), retirement or extinguishment) any Debt included in the calculations of any financial ratio, covenant or test (in each case, other than Debt incurred or repaid under any revolving credit facility), (i) during the applicable period or (ii) subsequent to the end of the applicable period and prior to or simultaneously with the event for which the calculation of any such ratio is made, then such financial ratio or test shall be calculated giving pro forma effect to such incurrence or repayment of Debt, to the extent required, as if the same had occurred on the last day of the applicable period.

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Interest Rates Payments and Calculations (a) Interest Rates. From the Effective Date, all Obligations charged to the Loan Account with respect to the Loans shall, subject to Section 2.5(c)(ii), bear interest payable in cash on the Outstanding Amount at a rate per annum equal to ABR plus the Applicable Margin and shall be payable in accordance with Section 2.5(c).

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).