Common use of Definition of Losses Clause in Contracts

Definition of Losses. For purposes of this Article, "Losses" --------------------- shall mean any and all liabilities, obligations, losses, damages, claims, deficiencies, penalties, taxes, levies, actions, judgments, settlements, suits, costs, legal fees, accountants' fees, disbursements or expenses. Losses shall exclude any amount that any party actually receives under any insurance policy that provides coverage for the liability in question.

Appears in 1 contract

Samples: Stock Purchase Agreement (Safeguard Health Enterprises Inc)

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Definition of Losses. For the purposes of this ArticleARTICLE X, "Losses" --------------------- -------------------- --------- shall mean any and all liabilitiesdemands, obligationsclaims, actions or causes of action, assessments, losses, damages, claimsliabilities, deficienciescosts, and expenses, including, without limitation, interest, penalties, taxes, levies, actions, judgments, settlements, suits, costs, legal and reasonable attorneys' and other professional fees, accountants' feesand expenses incurred in the investigation, disbursements preparation, defense, and settlement of any claim, loss, damage, or expenses. Losses shall exclude any amount that any liability as to which a party actually receives under any insurance policy that provides coverage for the liability in questionis entitled to indemnification hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Physician Health Corp)

Definition of Losses. For the purposes of this ArticleArticle VIII, -------------------- ------------ "Losses" --------------------- shall mean 31- any and all liabilitiesdemands, obligationsclaims, actions or causes of action, assessments, losses, damages, claimsliabilities, deficienciescosts, and expenses, including, without limitation, interest, penalties, taxes, levies, actions, judgments, settlements, suits, costs, legal and reasonable attorneys' and other professional fees, accountants' feesand expenses incurred in the investigation, disbursements preparation, defense, and settlement of any claim, loss, damage, or expenses. Losses shall exclude any amount that any liability as to which a party actually receives under any insurance policy that provides coverage for the liability in questionis entitled to indemnification hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Physician Health Corp)

Definition of Losses. For purposes of this Article, -------------------- "Losses" --------------------- shall mean any and all liabilities, obligations, losses, damages, claims, deficiencies, penalties, taxes, levies, actions, judgments, settlements, suits, costs, legal fees, accountants' fees, disbursements or expenses. Losses shall exclude any amount that which any party actually receives under any insurance policy that which provides coverage for the liability in question.

Appears in 1 contract

Samples: Stock Purchase Agreement (Safeguard Health Enterprises Inc)

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Definition of Losses. For the purposes of this ArticleArticle VIII, "Losses" --------------------- shall mean any and all liabilitiesdemands, obligationsclaims, actions or causes of action, assessments, losses, damages, claimsliabilities, deficienciescosts, and expenses, including, without limitation, interest, penalties, taxes, levies, actions, judgments, settlements, suits, costs, legal and reasonable attorneys' and other professional fees, accountants' feesand expenses incurred in the investigation, disbursements preparation, defense, and settlement of any claim, loss, damage, or expenses. Losses shall exclude any amount that any liability as to which a party actually receives under any insurance policy that provides coverage for the liability in questionis entitled to indemnification hereunder.

Appears in 1 contract

Samples: Merger Agreement (Physician Health Corp)

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