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
Sample 1Sample 2Sample 3
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.
Sample 1
Direct Loss or Damage exclusively means:
Sample 1

Examples of Direct Loss or Damage in a sentence

  • If a Transmission Administrator Person is liable to another person for a Transmission Administrator Person Act, then the Transmission Administrator Person is liable for only Direct Loss or Damage suffered or incurred by that other person.

  • If an AESO Person is liable to another person for an AESO Tariff Act, then the AESO Person is liable for only Direct Loss or Damage suffered or incurred by that other person.

  • Main findingsIn chapter 2 of this thesis we tested a specific subhypothesis of the theory of allostatic load, namely that the effects of exposure to adverse life events accumulate over life and lead to altered functioning of three stress responsive systems: the hypothalamic−pituitary−adrenal axis (HPA axis), the autonomic nervous system (ANS), and the immune system.

  • Except in case of gross negligence or wilful misconduct on the part of the consultant or on the part of any person or company acting on behalf of the consultant in executing the work or in carrying out the services, the vendor, with respect to damage caused by the vendor to property and/ or assets of the purchaser or of any of the Purchaser’s vendors, shall not be liable to client for any Direct Loss or Damage that exceeds the Total Contract Value.


More Definitions of Direct Loss or Damage

Direct Loss or Damage in the context of any indemnity under this Agreement:
Sample 1

Related to Direct Loss or Damage

  • Direct Damage has the meaning given to it in clause 26.2;

  • 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;

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Environmental Damages means all claims, judgments, damages, losses, penalties, fines, liabilities, encumbrances, liens, costs and expenses of investigation and defense of any claim, including, without limitation, attorney’s fees, that are incurred at any time as a result of the existence of Environmental Conditions upon, about or beneath the Project Site or migrating or threatening to migrate to or from the Site, and including, without limitation:

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Special Damages shall have the meaning as set forth in Section 5.07.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Consequential Loss means loss of profits, anticipated loss of profit or revenue, loss of production, loss of business opportunity, loss of or damage to goodwill or reputation, loss of use or any other similar loss, but excludes:

  • Physical Damage means any tangible injury to a Property, whether caused by accident, natural occurrence, or any other reason, including damage caused by defects in construction, land subsidence, earth movement or slippage, fire, flood, earthquake, riot, vandalism or any Environmental Condition.

  • Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

  • 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.

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.

  • Property damage means physical injury to, destruction of, or loss of use of tangible property.

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

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).