Specific Loss Amounts Clause Samples

Specific Loss Amounts. The Recognized Loss Amount per ATB token, which is based on the amount claimant paid for their initial purchase of ATB token, less any amounts received if and when the ATB token was sold as set forth below, shall be calculated as follows, and cannot be less than zero: 1) For each ATB Token purchased and sold during the Class Period, the Recognized Loss per ATB Token shall be the lesser of: a) The inflation per ATB Token upon the date of purchase, as listed in Table A below, minus the inflation per ATB Token upon the date of sale, as listed in Table A below; or b) The purchase price minus the sale price. 2) For each ATB Token purchased during the Class Period that was subsequently sold between September 16, 2017 and December 13, 2017, the Recognized Loss per ATB Token shall be the least of: a) The inflation per ATB upon the date of purchase, as listed in Table A below; or b) The purchase price minus the average closing price on the date of sale, as shown in Table B below; or c) The purchase price minus the sale price. 3) For each ATB Token purchased during the Class Period that was still held during the close of trading on December 13, 2017, the Recognized Loss per ATB Token shall be the lesser of: a) The inflation per ATB Token upon the date of purchase, as listed in Table A below; or b) The purchase price minus US $0.91.4 4 The “90-day look back” provision of the Private Securities Litigation Reform Act of 1995 (“PSLRA”) is incorporated into the calculation of the Recognized Loss for ATB Tokens. The limitations on the calculation of the Recognized Loss Amounts imposed by the PSLRA are applied such that losses on ATB Tokens purchased/acquired during the Class Period and held as of the close of the 90-day period subsequent to the Class Period (the “90-Day Lookback Period”) cannot exceed the difference between the purchase price paid for such securities and the average price of the ATB Tokens during the 90-Day Lookback Period. The Recognized Loss Amounts on ATB Tokens purchased/acquired during the Class Period and sold during the 90-Day Lookback Period cannot exceed the difference between the purchase price paid for such securities and the rolling average price of the ATB Tokens during the portion of the 90-Day Lookback Period elapsed Table A5 Artificial Inflation of ATB Tokens During the Class Period From To Inflation Per ATB Token June 12, 2017 July 12, ▇▇▇▇▇ ▇▇ $0.09 July 13, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ $0.59 August 15, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ $0.89 Septemb...
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Specific Loss Amounts. The Recognized Loss Amount per share, which is based on the daily per share amount of alleged artificial inflation present in the price of UMC ADSs set forth below, shall be calculated as follows, and cannot be less than zero: 1. For Each ADS Purchased Between 10/28/15 and 7/27/17 (“Period 1”) a. Sold prior to the close on 11/1/18, the recognized loss is zero. b. Sold on or retained beyond 11/1/18, the recognized loss shall be the lesser of: 2. For Each ADS Purchased Between 7/28/17 and 3/7/18 (“Period 2”) a. Sold prior to the close on 11/1/18, the recognized loss is zero. b. Sold on or retained beyond 11/1/18, the recognized loss shall be the lesser of: 3. For Each ADS Purchased Between 3/7/18 and 7/3/18 (“Period 3”) a. Sold prior to the close on 7/3/18, the recognized loss is zero. b. Sold on or after 7/4/18 prior to the close on 11/1/18, the recognized loss is the lesser of the investment loss (see NOTE below) and $0.15. c. Sold on or retained beyond 11/1/18, the recognized loss shall be the lesser of: 4. For Each ADS Purchased Between 7/4/18 – 11/1/18 (“Period 4”) a. Sold prior to the close on 11/1/18, the recognized loss equal to the investment loss (see NOTE below). b. Sold on or retained beyond 11/1/18, the recognized loss shall be the lesser of:
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Related to Specific Loss Amounts

  • Special Hazard Loss Amount $ 0.00 --------------

  • Allocation of Applied Realized Loss Amounts Any Applied Realized Loss Amounts shall be allocated by the Trustee to the most junior Class of Subordinated Certificates then Outstanding in reduction of the Class Certificate Balance thereof.

  • Allowance for Loan Losses The Company's allowance for loan losses is, and shall be as of the Effective Date, in compliance with the Company's existing methodology for determining the adequacy of its allowance for loan losses as well as the standards established by applicable Governmental Authorities and the Financial Accounting Standards Board and is and shall be adequate under all such standards.

  • Severability; Maximum Payment Amounts If any provision of this Agreement is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect the validity of the remaining provisions of this Agreement so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s). Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document (and without implication that the following is required or applicable), it is the intention of the parties that in no event shall amounts and value paid by the Company and/or any of its Subsidiaries (as the case may be), or payable to or received by any of the Buyers, under the Transaction Documents (including without limitation, any amounts that would be characterized as “interest” under applicable law) exceed amounts permitted under any applicable law. Accordingly, if any obligation to pay, payment made to any Buyer, or collection by any Buyer pursuant the Transaction Documents is finally judicially determined to be contrary to any such applicable law, such obligation to pay, payment or collection shall be deemed to have been made by mutual mistake of such Buyer, the Company and its Subsidiaries and such amount shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not be so prohibited by the applicable law. Such adjustment shall be effected, to the extent necessary, by reducing or refunding, at the option of such Buyer, the amount of interest or any other amounts which would constitute unlawful amounts required to be paid or actually paid to such Buyer under the Transaction Documents. For greater certainty, to the extent that any interest, charges, fees, expenses or other amounts required to be paid to or received by such Buyer under any of the Transaction Documents or related thereto are held to be within the meaning of “interest” or another applicable term to otherwise be violative of applicable law, such amounts shall be pro-rated over the period of time to which they relate.

  • Allowance for Possible Loan Losses The allowance for possible loan or credit losses (the “Allowance”) shown on the consolidated balance sheets of each Subsidiary, as applicable, included in the most recent SEC Documents dated prior to the date of this Agreement was, as of the dates thereof, adequate (within the meaning of GAAP and applicable regulatory requirements or guidelines) to provide for all known, reasonably anticipated or probable losses relating to or inherent in the loan and lease portfolios (including accrued interest receivables) of such Subsidiary and other extensions of credit (including letters of credit and commitments to make loans or extend credit) by such Subsidiary as of the date thereof; provided, however, that there can be no assurance that future losses will not exceed the Allowance, or that additional provisions for loan losses will not be required in future periods, and provided, further, that it is understood that the Company’s determination of the Allowance is subject to review by the Company’s bank regulator, which can require the establishment of additional general or specific allowances.