Aggregate Net Gain definition

Aggregate Net Gain means the excess, if any, of (a) the aggregate amount of all Net Gains over (b) the aggregate amount of all Net Losses.
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Aggregate Net Gain means the amount, if any, by which the Initial Loss Reserves exceed the Actual Loss Result at December 31, 2011.
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Examples of Aggregate Net Gain in a sentence

  • If the Purchase Date does not occur on or prior to the Termination Date, then any Net Loss or Net Gain resulting from the prior liquidation of any Capital Security pursuant to this clause (C) will be included in the calculation of Aggregate Net Loss and Aggregate Net Gain for purposes of clause (A) or (B) above, as applicable.

  • Within ten (10) business days following the determination of the September 30 Results, LMC shall, if necessary, place additional assets into the Trust Account to increase the balance of the Trust Account (as defined in the Trust Agreement) to an amount equal to 102% of its obligations under the Reserve Cover Agreement (as of September 30, 2004) using the September 30 Results to calculate the Aggregate Net Loss or Aggregate Net Gain.

  • The Aggregate Net Loss or Aggregate Net Gain is intended to represent the difference between the Actual Loss Result and the Initial Reserve.

  • Subject to the terms and conditions of this Agreement, the Reinsured hereby agrees to pay to the Reinsurer 100% of any Aggregate Net Gain.

Related to Aggregate Net Gain

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Credit Event Net Gain means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of:

  • Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments:

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments: