Damage or Loss definition

Damage or Loss means an uncertain future event that may, if it comes to pass, generate the right to insurance compensation;
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Damage or Loss. Our responsibility ends at the time Xxxxxxxxx delivers merchandise in original condition to the carrier.
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Damage or Loss has the meaning defined in the "Deposit" clause of this Agreement.
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Examples of Damage or Loss in a sentence

  • Reinstatement Value represents the replacement value of the asset as New at time of Damage or Loss.

  • Refer to Damage or Loss of Equipment (section 7) for more details.

  • A form or card meeting FCIC-form standards for a Notice of Prevented Planting or Notice of Damage or Loss (Exhibit 15) is used by the insured to file written notice to the AIP.

  • It means the Replacement Value of insured property or item as New at the time of Damage or Loss less due allowance for betterment, wear and tear and/or depreciation.

  • Failure to do so will invalidate all Policy cover.The insured items are being stored by You at a location approved and with the permission of the Police.What is not covered• Loss or Damage occurring outside of the United Kingdom if You have been, or intend to be, away from the United Kingdom for more than 60 consecutive days.• Any Damage or Loss or theft of Sporting Guns whilst in transit which has not been reported to the Carrier and a written report obtained.

  • Damage or Loss in Transit and Inspection: Seller shall obtain and maintain appropriate insurance coverage with limits sufficient to cover the liabilities outlined in these terms of sale.

  • Notification of Prevented Planting (PP) or Notice of Damage or Loss The insured is responsible for providing to the AIP, a notice of PP or notice of damage or loss for planted crop acreage within the prescribed time stated in the policy/endorsement/CP.

  • The Plan should address whether storage of the resident’s personal property is necessary and the arrangements for such storage. Damage or Loss.

  • A form or card meeting FCIC-form standards for a Notice of Prevented Planting or Notice of Damage or Loss (Exhibit 15) may be used by the insured to file written notice to the AIP or to confirm the notice in writing within 15 days.

  • If a Covered Person shall die or be adjudged incompetent to manage their estate or person, the Covered Person’s executor, administrator or guardian shall be considered a Covered Person with respect to any Damage or Loss to which this Plan applies.


More Definitions of Damage or Loss

Damage or Loss has the meaning defined in the "Deposit" clause of this Agreement. "Deposit" means any deposit amount payable under this Agreement. "End Date" has the meaning defined in the "Duration of Rental" clause of this Agreement."End Time" has the meaning defined in the "Duration of Rental" clause of this Agreement."Equipment" has the meaning defined in the "Rental of Equipment" clause of this Agreement."Event of Default" means one or more of the events described in the "Event of Default" clause of this Agreement."GST" means Goods and Services Tax imposed on a supply of goods or services in Australia, pursuant to the GST Law."GST Amount" means an amount equal to the GST payable on the Rental, calculated by multiplying the Rental Price by the prevailing GST rate as provided by GST Law."GST Law" means the same as in the A New Tax System (Goods and Services Tax) Xxx 0000 (Commonwealth). "Insurance" has the meaning defined in the "Insurance" clause of this Agreement."Insured Value" has the meaning defined in the "Risk of Loss" clause of this Agreement."Judgment or Order" has the meaning defined in the "Event of Default" clause of this Agreement."New Address" has the meaning defined in the "Notices" clause of this Agreement."New Renter" has the meaning defined in the "Event of Default" clause of this Agreement."Nominating Party" has the meaning defined in the "Notices" clause of this Agreement. "Party" means either the Provider or the Renter."Parties" means the Provider and the Renter collectively."Provider" means . "Purpose" means the purpose for which the Equipment may be used, which is: "Remaining Rental Period" has the meaning defined in the "Event of Default" clause of this Agreement."Rental" means the transaction between Provider and Renter in accordance with this Agreement."Rental Price" means the amount (in Australian dollars) that the Renter must pay to the Provider for the Rental of the Equipment under this Agreement, as set out in the "Price" clause of this Agreement."Rental Period" means the period of time which commences on the earlier of the Start Time or the date and time when the Renter actually takes possession of the Equipment, and ends on the later of the End Time or the date and time when possession of the Equipment is actually returned to the Provider."Renter" means ."Renter Liability" has the meaning defined in the "Event of Default" clause of this Agreement. "Return" means the date and time when possession of the Equipment is actually returned to ...
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Damage or Loss means any actual and direct damages (“daño emergente directo”) that a Party may suffer as a direct consequence of any falsehood or inaccuracy in the Representations and Warranties. For the avoidance of doubt, any indirect or consequential damages (“dxxxx indirectos”), loss of profits, loss of bargain, loss of opportunity or loss of income (“lucro cesante”) and moral or reputational damages (“dxxxx xxxxxxx”) shall be excluded from the definition of Damage or Loss.
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Damage or Loss means any damage to or loss of the vehicle including all accessories and any direct or indirect costs, fees or expenses incurred as a result of damage, loss or theft and includes but not limited to: i) The cost of repairs to or replacement of the hired vehicle or the market value of vehicle at the time of loss whichever is the lesser whether caused by the Hirer’s negligence or not, by theft or howsoever caused: ii) Other associated cost including towing, storage, recovery costs (including solicitor’s fees on a solicitor and client basis) assessing fees, administration fee, claim handling expense fee; iii) Rental lost by the owner calculated at the rate referred to overleaf less 10% thereof, for the period during which the owner, at it’s reasonable discretion, cannot hire the vehicle due to any loss or damage.
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Damage or Loss means direct and accidental loss to a Rented Automobile.
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Damage or Loss means physical loss, physical destruction, physical damage to the Insured Property.
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Related to Damage or Loss

  • Damage means actual and/or physical damage to tangible property;

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Loss or “Losses” means any and all losses, costs (including court costs), claims, damages (including fines, penalties, or civil judgments and settlements), injuries, liabilities and expenses (including attorneys’ fees).

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