Direct Losses definition

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.

Direct Losses means damages, losses, indebtedness, claims, actions, costs (including the cost of legal or professional services, legal costs being on an indemnity basis), expenses, liabilities, proceedings, demands and charges whether arising under statute, contract or at common law, but excluding Indirect Losses;

Direct Losses means any Losses other than those described in Rule 527(d). “Director” means any member of the Board.

Examples of Direct Losses in a sentence

• If Project Co is required to take a lead role but fails to comply with its obligations under this Schedule in any material respect, the Authority may give reasonable notice to Project Co that it intends to undertake and assume the lead role obligations of Project Co, at the expense of Project Co, including all direct costs of engaging third party assistance with communication responsibilities and all Direct Losses of the Authority in connection with fulfilling Project Co’s obligations under this Schedule.

• In all events, 100% of the entire amount of Losses that constitute Direct Losses of any Shareholder Indemnitee shall be paid to the applicable Shareholder Indemnitees.

• Subject to paragraphs 2.3 and 9, RfL(I) shall, in respect of each RfL(I) Restriction of Use, pay to the Train Operator the Direct Losses incurred by the Train Operator as a consequence of such RfL(I) Restriction of Use.

• Where the Required Action has been taken otherwise than as a result of a breach by the Contractor, the Authority shall undertake the Required Action in accordance with Good Industry Practice and shall indemnify and keep indemnified in full the Contractor against all Direct Losses where it fails to do so.

• The total must agree with the Statement of Income Page 4, Direct Losses Incurred Line 2.1, Column 1.

More Definitions of Direct Losses

Direct Losses means, subject to the provisions of Clause 16 (Indemnities), all damage, losses, liabilities, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on an agent/client, client paying basis), proceedings, demands and charges whether arising under statute, contract or at common law but, to avoid doubt, excluding Indirect Losses;

Direct Losses means affected hotels' losses of hotel guest business attributable to the qualified hotel room supply being added to the market in the state.

Direct Losses means all Losses other than Indirect Losses;

Direct Losses means, in relation to a Party, the actual losses or damages sustained by the Party that arise in the usual course but not any special, indirect, consequential or incidental losses or damages (whether or not they were or ought to have been foreseen or known by the other Party) including, but not limited to, loss of business opportunity, business interruption or lost profits, or punitive or exemplary damages;

Direct Losses means all damage, losses, indebtedness, claims, actions, cash, expenses (including the cost of legal or professional services), proceedings, demands, and charges whether arising under statute, contract or at common law but to avoid doubt, excluding Indirect Losses;

Direct Losses all damage, losses, liabilities, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on an agent/client, client paying basis), proceedings, demands and charges whether arising under statute, contract or at common law but, to avoid doubt, excluding Indirect Losses;

Direct Losses means Losses other than: