Common use of Definition of Losses Clause in Contracts

Definition of Losses. For purposes of this Article 7, the term "Losses" shall mean any liability, damage, Tax, costs and expenses, including, without limitation, any attorneys' fees, disbursements and court costs, in each case reasonably incurred by Purchaser or Seller, as the case may be.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Metris Companies Inc)

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Definition of Losses. For purposes of this Article 7“Losses” includes all, the term "Losses" shall mean any liabilitycompensatory, damageexemplary or punitive damages, Taxfines, costs penalties, charges, costs, lost profits, legal fees and expensescosts, including, without limitation, any attorneys' accountants’ and expert witness fees, disbursements expenses (including expenses for environmental personnel), settlement amounts, judgments, damage to Distributor’s reputation and court costs, goodwill and any other amounts incurred in each case reasonably incurred by Purchaser or Seller, as connection with the case may bematters described.

Appears in 1 contract

Samples: Franchise Agreement (Lehigh Gas Partners LP)

Definition of Losses. For purposes of this Article 7, the The term "Losses" shall mean any liabilityinclude all damages, damagecosts, Tax, costs and expenses, including, without limitation, any attorneys' fees, disbursements and court costsother fees, or liabilities of any nature whatsoever, in each case reasonably incurred by Purchaser any way related to or Sellerarising out of, as any actual or alleged violation of law, order, or regulation; damage to any property, the case may beenvironment or to natural resources; bodily injury or death of any person; or the breach of any contract.

Appears in 1 contract

Samples: Authorization for Crossing Improvements

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Definition of Losses. For purposes of As used in this Article 7IX, the term "Losses" -------------------- shall mean any liabilityand all losses, damageliabilities, Taxclaims, costs and expensesdemands, actions, or causes of action, judgments, orders, deficiencies, fines, penalties, costs, damages, or expenses whatsoever, including, without limitation, any attorneys' taxes and environmental claims, whether foreseeable or unforeseeable, and further including, without limitation legal, accounting and other professional fees, disbursements and court costsexpenses incurred in the investigation, collection, prosecution and defense of claims and amounts paid in each case reasonably incurred by Purchaser or Seller, as the case may besettlement thereof.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Source Media Inc)

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