Direct Loss or Damage definition
Direct Loss or Damage means direct physical damage, injury or loss, but does not include loss of profits, loss of revenue, loss of production, loss of earnings, loss of contract or any other indirect, special, punitive, exemplary or consequential loss or damages of any kind whatsoever; and
Direct Loss or Damage means, in relation to a Party, any and all liabilities, indebtedness, obligations, losses, damages, claims, assessments, fines, penalties, costs, fees and expenses of every kind, nature or description suffered or incurred by such Party, arising out of or in any way connected with a breach or default of this Agreement by the other Party, including interest which may be imposed therewith, court costs, costs resulting from any judgments, orders, awards, decrees or equitable relief and costs of legal counsel, on a solicitor and own client basis (collectively and individually a “Claim”) but, shall, in no event, include Claims for loss of profit, loss of revenue, loss of production, loss of earnings, loss of contract or any other indirect, special or consequential loss or damage whatsoever.
Direct Loss or Damage in the context of any indemnity under this Agreement:
Examples of Direct Loss or Damage in a sentence
Direct Loss or Damage as used in this Article 8.2 shall exclude any consequential or indirect Loss or Damage such as, but not limited to, loss of product, loss of production, loss of use, loss of revenues or profit, loss of interest, cost of delays or any Loss or Damage resulting therefrom.
Subject to clause 24, the Retailer indemnifies the Distributor against any Direct Loss or Damage incurred by the Distributor as a result of the Retailer’s failure to meet its obligations in accordance with clause 29.1.
More Definitions of Direct Loss or Damage
Direct Loss or Damage exclusively means: