Statement of damages Sample Clauses

Statement of damages. Danish law applies when calculating compensation for personal injury and property damage. Indirect loss, operating loss, including among others, but not exclusively, loss of use or profit is not recoverable. This also applies when Banedanmark, in accordance with the rules in force, closes parts of the infrastructure in order to maintain the required safety level. Cost of replacement transport is covered by the Railway Undertaking, regardless of the causative factor. • Loss of income claimable from the tortfeasor: - Compensation for personal injury or loss of a provider - Property damage, including repair costs, including repairs made by the injured, injurer’s own employees or third party’s workshop. In case of total loss the compensation is calculated according to the principle provided in section 52 of the Insurance Contract Act - Internal additional costs for i.e. overtime, extra staff, equipment etc. • Lost of income that cannot be recovered from the tortfeasor: - Indirect loss, including lost profits - Costs for replacement transport - Costs for assessment and establishment of the injury - Salvage expenses not covered by the State.
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Statement of damages. Danish law applies when calculating compensation for personal injury and property damage. Indirect loss, operating loss, including among others, but not exclusively, loss of use or profit is not recoverable. This also applies when Banedanmark, in accordance with the rules in force, closes parts of the infrastructure in order to maintain the required safety level. Cost of replacement transport is covered by the Railway Undertaking, regardless of the causative factor. • Loss of income claimable from the tortfeasor: - Compensation for personal injury or loss of a provider - Property damage, including repair costs, including repairs made by the injured, xxxxxxx’s own employees or third party’s workshop. In case of total loss the compensation is calculated according to the principle provided in section 52 of the Insurance Contract Act - Internal additional costs for i.e. overtime, extra staff, equipment etc. • Lost of income that cannot be recovered from the tortfeasor: - Indirect loss, including lost profits - Costs for replacement transport - Costs for assessment and establishment of the injury - Salvage expenses not covered by the State.
Statement of damages. The statement of Damages shall include Broadbase's good faith estimate of the reasonably foreseeable maximum amount of the alleged Damages that will ultimately be incurred by Broadbase and/or any other Indemnified Person in connection with such Claim, including, without limitation, any Damages from a potential Third Party Proceeding.
Statement of damages. The statement of damages shall include: (i) the amount of Losses that the Purchaser believes has actually been incurred by the Purchaser and/or any other Purchaser Indemnified Party in connection with the Claim and (ii) the Purchaser’s good faith estimate of the reasonably foreseeable maximum amount of the alleged Losses that will ultimately be incurred by the Purchaser and/or any other Purchaser Indemnified Party in connection with such Claim, including without limitation any Losses from a potential Third Party Proceeding.
Statement of damages. At such time as Damages for which an Indemnitor is liable hereunder are incurred by Indemnitee by actual payment thereof or by entry of a final award or judgment, Indemnitee shall forward a written statement to the Indemnitor setting forth the amount of such Damages in reasonable detail on an itemized basis, which Damages shall be net of insurance proceeds received by Indemnitee on such claim under policies of insurance on which premiums were paid by such Indemnitee. Indemnitee shall supplement the written statement with appropriate supporting proof of loss (e.g. vouchers, canceled checks, accounting summaries, judgments, settlement agreement, etc.).

Related to Statement of damages

  • Exclusion of Damages TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL EITHER PARTY BE LIABLE UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ITS SUBJECT MATTER UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE, INCLUDING FOR ANY: (a) LOSS OF PRODUCTION, USE, BUSINESS, REVENUE, OR PROFIT OR DIMINUTION IN VALUE; (b) IMPAIRMENT, INABILITY TO USE OR LOSS, INTERRUPTION OR DELAY OF THE SERVICES; (c) LOSS, DAMAGE, CORRUPTION OR RECOVERY OF DATA, OR BREACH OF DATA OR SYSTEM SECURITY; (d) COST OF REPLACEMENT GOODS OR SERVICES; (e) LOSS OF GOODWILL, LOSS OF BUSINESS OPPORTUNITY OR PROFIT, OR LOSS OF REPUTATION; OR (f) CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, ENHANCED, OR PUNITIVE DAMAGES, REGARDLESS OF WHETHER SUCH PERSONS WERE ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES OR SUCH LOSSES OR DAMAGES WERE OTHERWISE FORESEEABLE, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE.

  • Mitigation of Damages Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder.

  • Limitation of Damages NOTWITHSTANDING ANYTHING CONTAINED HEREIN TO THE CONTRARY, THE PARTIES AGREE THAT NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR ANY PUNITIVE DAMAGES WHATSOEVER, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY OR ANY OTHER LEGAL OR EQUITABLE PRINCIPLE, PROVIDED, HOWEVER, THAT SUCH LIMITATION SHALL NOT BE APPLICABLE WITH RESPECT TO THIRD PARTY CLAIMS MADE AGAINST A PARTY.

  • Direct Damages A PARTY’S DAMAGES RESULTING FROM A BREACH OR VIOLATION OF ANY REPRESENTATION, WARRANTY, COVENANT, AGREEMENT OR CONDITION CONTAINED IN THIS AGREEMENT OR ANY ACT OR OMISSION ARISING FROM OR RELATED TO THIS AGREEMENT SHALL BE LIMITED TO ACTUAL DIRECT DAMAGES AND SHALL NOT INCLUDE ANY OTHER LOSS OR DAMAGE, INCLUDING INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, PRODUCTION, OR REVENUES, AND EACH PARTY RELEASES THE OTHER PARTY FROM ALL SUCH CLAIMS FOR LOSS OR DAMAGE OTHER THAN ACTUAL DIRECT DAMAGES; PROVIDED THAT THIS LIMITATION TO DIRECT DAMAGES SHALL NOT LIMIT THE PARTIES’ INDEMNIFICATION OBLIGATIONS UNDER Section 3.5(c), Section 7.3, AND Article 15.

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