Loss of earnings. By a Deed of Assignment dated [·] 2013 [Q A MARITIME LTD.] [Q IOANARI SHIPPING LTD] [Q JAKE SHIPPING LTD.] [Q XXXX SHIPPING LTD.] of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Xxxxxxxx Xxxxxxx XX00000 (the “Owner”) has assigned to ABN AMRO BANK N.V. of Xxxxxxxxxx 00, 0000 XX Rotterdam, The Netherlands (the “Mortgagee”) (subject to the prior first assignment dated [7 September 2011] [29 September 2011] [10 June 2011] [19 June 2012] to ABN AMRO Bank N.V. and subject to the prior second assignment dated 23 October 2012 to ABN AMRO Bank N.V.) all its rights, title and interest in and to all policies and contracts of insurance from time to time taken out or entered into by or for the benefit of the Owner in respect of m.v. [Q Arion] [Q Ioanari] [Q Jake] [Q Xxxx] and her earnings and accordingly all claims hereunder shall be paid (subject to the prior rights of ABN AMRO Bank N.V. as first mortgagee and as second mortgagee) in full to the Owner unless and until the Mortgagee shall have notified the insurers hereunder to the contrary, whereupon all such claims shall be paid to the Mortgagee or its order. Schedule 2 Form of Notice of Assignment of Insurances [Q A MARITIME LTD.] [Q IOANARI SHIPPING LTD] [Q JAKE SHIPPING LTD.] [Q XXXX SHIPPING LTD.] of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Xxxxxxxx Xxxxxxx XX00000 (the “Owner”), the Owner of the motor vessel [Q Arion] [Q loanari] [Q Jake] [Q Xxxx], HEREBY GIVES NOTICE that by a Deed of Assignment dated [·] 2013 and entered into by us with ABN AMRO BANK N.V. of Xxxxxxxxxx 00, 0000 XX Xxxxxxxxx, Xxx Xxxxxxxxxxx there has been assigned by us (subject to the prior first assignment dated [7 September 2011] [29 September 2011] [10 June 2011] [19 June 2012] to ABN AMRO Bank N.V. and subject to the prior second assignment dated 23 October 2012 to ABN AMRO Bank N.V.) to ABN AMRO BANK N.V. as third mortgagees of the said vessel all insurances in respect thereof, including the insurances constituted by the Policy whereon this notice is endorsed. For and on behalf of [Q A MARITIME LTD.] [Q IOANARI SHIPPING LTD] [Q JAKE SHIPPING LTD.] [Q XXXX SHIPPING LTD.] Date: [·] EXECUTED as a DEED ) by ) for and on behalf of ) [Q A MARITIME LTD.] [Q IOANARI SHIPPING LTD] [Q JAKE SHIPPING LTD.] [Q XXXX SHIPPING LTD.] ) ) ) Attorney-in-fact in the presence of: ) Witness Name: Address: Occupation: EXECUTED as a DEED ) by ) for and on behalf of ) ABN AMRO BANK N.V. ) At...
Loss of earnings. The loss of earnings in this agreement refers to the earnings an employee loses in regards to his or her regular working hours in order to participate in training. The employer can deduct the part of the loss of earnings that the employee might receive as compensation for the training period elsewhere. This, however, does not apply to any compensation the employee in question might receive from his or her trade union or branch.
Loss of earnings. Loss of earnings will apply where Xxxxx has lost revenue due to damage, late returns, failed deliveries, vehicles off the road, fuel shortages, delivery costs, office costs or anything that has affected the running of the business. We will always ensure that the vehicle is repaired in the shortest period possible.
Loss of earnings. 68. Subject to the rules of the em ploying Or ganization, and to the extent possible, short-term translators may be allowed to participate in a lo ss of earnin gs an d insurance s cheme f or illn ess o r injuri es occ urring during their re spective appointments, if such a scheme is in place at the employing Organization.
Loss of earnings. 8. Property of Others;
Loss of earnings. What We Pay For: We pay up to $1,000, or the additional amount shown on the Supplemental Declarations, for loss of earnings when your business earnings are interrupted by loss or damage by a specified cause of loss, subject to the provisions of this policy. The deductible does not apply to this insuring agreement. We pay for actual loss of earnings incurred as a direct result of the necessary interruption of business due to covered loss or damage caused by specified causes of loss to tees, fairways and greens and additional golf course property located on the insured premises. We pay for loss of earnings for the period of interruption shown in your policy. Under this coverage, loss of earnings is defined as the sum of:
Loss of earnings. What We Pay For: We pay for loss of earnings when your earnings are interrupted by a covered cause of loss, subject to the provisions of this policy. The deductible does not apply to this insuring agreement. We pay up to $1,000 for your actual loss of earnings resulting directly from necessary interruption of the business conducted on your premises. We will pay for loss of earnings for a period up to three (3) months. Under this coverage, loss of earnings is defined as the sum of:
Loss of earnings. The evidence in his witness statement is that Xx. Xxxxx, as a taxi operator, works six days weekly, from 6:00 a.m. to 8:00 p.m., averaging 14 trips per day. He transports four passengers in each trip charging $120.00 one way. Of this total of $6,720.00 which he earns per day, he spends an average of $2,250.00 per day for gasoline causing him to have $4,470.00 net per day. He claims for 528 days, the period between the accident and when his neck had recovered from the injury. Xx. Xxxxx also has the expense of an average of $4,000.00 about three times yearly for mechanical checks of his car, a $10,000.00 road licence fee and $30,000.00 for insurance premiums. This total expense is $52,000.00 per year which is $1,000.00 weekly or $145.00 approximately per day. His daily earnings would therefore be $4,470.00 less $145.00 daily being $4,325.00. For the 528 days claimed his earnings would thus be approximately $2,283,600.00. Income tax at the rate of 25% would be $570,900.00 resulting in $1,702,700.00 as loss of earnings. It is to be noted that his viva voce evidence disputes those earnings and he testifies that he makes no less than $8,000.00 daily. However, in the absence of documentary evidence to support either amount claimed, I accept the original amounts as per his witness statement. Xx. Xxxxxxx, Counsel for the defendants submits that Xx. Xxxxx could occupy himself otherwise as a tailor, which calling he had earlier pursued. However, there is no evidence that that remains a viable option, moreso since the uncontradicted evidence is that Xx. Xxxxx had abandoned that occupation. I accept the evidence that Xx. Xxxxx, being 63 years old at the time, was unable to access a loan to replace the car which was damaged beyond repair. There is no evidence of any effort being made by the defendants to replace the vehicle so as to allow Xx. Xxxxx to pursue his taxi operations which had been aborted because of their negligence.
Loss of earnings. 21. In his statement of claim, Xxxxxx claimed loss of earnings “from 16th May, 1994 and continuing at $420.00 per week.” His claim as at the date of assessment amounts to $401,520.00. Xxxxxx’s evidence is that he was unemployed for approximately 1 year 5 months after the accident as he could only perform light duties (i.e. 17 months). Counsel for Xxxxxx has asked that great weight be put on Xx Xxxxxxxxx’x findings and that the court holds that with his decreased power of grasp, it must have had a great impact on his ability to use his right hand (the dominant hand) and would have affected his earning capacity and/or resulted in loss of earnings. Counsel for the Sawmill contended otherwise, namely that Xxxxxx has not strictly proved the exact period that he was unable to work and/or provided evidence demonstrating his inability to work because of his injuries. To resolve the issue, I turned to the evidence of the parties both in chief and under cross-examination as well as the medical reports.
Loss of earnings. The Committee do not accept liability for consequential loss of earnings or any other loss whatsoever arising from the hire, use or cancellation of a booking(s) of the Corby Xxxx Xxxxxx Rooms.
