Common use of Liabilities for Direct and Indirect Losses Clause in Contracts

Liabilities for Direct and Indirect Losses. 5.11.1 The direct losses for which a Party may be liable to the other Party under or in connection with this Agreement shall include: any reasonable and actual operational and/or administrative costs and expenses arising from the Default, including costs relating to the time spent by the innocent Party’s management and employees in dealing with the consequences of the Default; and any reasonable and actual costs and expenses incurred by the innocent Party in rectifying a Default of the other Party or a Sub-contractor and in procuring new or replacement Services for the remainder of the Term of this Agreement.

Liabilities for Direct and Indirect Losses. 5.11.1 5.8.1 The direct losses for which a Party may be liable to the other Party under or in connection with this Agreement shall include: any reasonable and actual operational and/or administrative costs and expenses arising from the Default, including costs relating to the time spent by the innocent Party’s management and employees in dealing with the consequences of the Default; and any reasonable and actual costs and expenses incurred by the innocent Party in rectifying a Default of the other Party or a Subsub-contractor and in procuring new or replacement Services services for the remainder of the Term term of this Agreement.

Liabilities for Direct and Indirect Losses. 5.11.1 5.8.1 The direct losses for which a Party may be liable to the other Party under or in connection with this Agreement shall include: include:‌ any reasonable and actual operational and/or administrative costs and expenses arising from the Default, including costs relating to the time spent by the innocent Party’s management and employees in dealing with the consequences of the Default; and any reasonable and actual costs and expenses incurred by the innocent Party in rectifying a Default of the other Party or a Subsub-contractor and in procuring new or replacement Services services for the remainder of the Term term of this Agreement.