Customer Losses definition

Customer Losses has the meaning set forth in Section 22.02.
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Customer Losses means any amounts or losses resulting from (i) Customer fraud; or (ii) Customer failure to make loan payments or meet any other obligation to Affirm in accordance with any applicable Customer Agreement, as defined in Section 5.2.
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Customer Losses means Losses of Buyer under SECTION 9.3(a)(i)(b) arising from any breach of any of the Surviving Representations in connection with Liabilities or potential Liabilities to customers of the Business or the allocation between the Business and any customer of responsibility for Losses or potential Losses; and "OTHER BUYER LOSSES" shall mean all Losses of Buyer under SECTION 9.3(a)(i)(b) other than Buyer Environmental Losses and Customer Losses.
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Examples of Customer Losses in a sentence

  • Notwithstanding the foregoing, Supplier shall have no obligation to indemnify or hold harmless Customer to the extent such Customer Losses shall result from (i) the negligence of Customer, (ii) compliance with the Specifications, or (iii) the acts or omissions of employees or agents of Customer.

  • This is borne out by the information on customer service quality shown in Figure 4.8 "The History of Service Quality and Customer Losses".

  • Securitas’ liability for Customer Losses and any other liability under this Agreement shall be limited as set out in this Article 6.

  • Securitas’ liability for Customer Losses and any other liability under this Agreement shall be limited as set out in this Article 8.

  • Table 7: Maximum Aggregate Net Customer Losses Under Stressed Loss ScenariosMonth of MaxCustomer Loss For example, the greatest stressed monthly net loss during 2012 for customers of FCM Large 1 occurred in February 2012.

  • Securitas’ liability for Customer Losses and any other liability under this Agreement shall be limited as set out in this Clause 8.

  • Affirm acknowledges and agrees that it is responsible for Customer Losses.

  • Buyer and the Company shall negotiate in good faith as to the reasonable administration, satisfaction and discharge of any such Customer Losses in a commercially reasonable manner, and Buyer shall administer, satisfy and discharge such Customer Losses only in a manner approved in all material respects by the Company in advance, which approval shall not be unreasonably withheld or delayed.

  • Following the Closing, Buyer shall notify the Company of the receipt by Buyer or Parents of any Third Party Claim involving Customer Losses that may be reasonably expected to exceed the limitations set forth in SECTION 9.3(a)(iii)(d).

  • The Owner may authorize minor changes in the Work not involving an adjustment in the Contract Price or the Contract Time, which are consistent with the overall intent of the Contract Documents.

Related to Customer Losses

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Direct Losses means all damages, losses, liabilities, penalties, fines, assessments, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Buyer Indemnitees has the meaning set forth in Section 8.02.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Relevant Losses means, in relation to:

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Special Damages has the meaning specified in Section 11.21.

  • Losses shall have the meaning set forth in Section 5(a).

  • Licensee Indemnitees has the meaning set forth in Section 11.2.

  • Purchaser Indemnitees has the meaning set forth in Section 7.02.

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.