Indirect Loss definition

Indirect Loss means without limitation loss of use, loss of production, loss of profits, loss of contract, pure economic loss, loss of business, depletion of goodwill, loss of bargain and any consequential loss of whatever nature;
Indirect Loss means loss of production, loss of profit, loss of revenue, loss of contracts, liabilities incurred under other agreements (save costs paid by the Customer to contractors appointed by the Customer in relation to the Project) or any indirect or consequential loss arising out of or in connection with this Agreement;
Indirect Loss loss of profits, loss of use, loss of production, increased operating costs, loss of business, loss of business opportunity, loss of reputation or goodwill or any other consequential or indirect loss of any nature, whether arising in tort or any other basis;

Examples of Indirect Loss in a sentence

  • Subject to Clause 2, neither Party shall be liable for Indirect Loss under this Agreement.


More Definitions of Indirect Loss

Indirect Loss means a loss in income or the additional expenses incurred because of a property loss.
Indirect Loss means any indirect or consequential loss including loss of profits or anticipated savings, loss of business opportunity, loss of goodwill or reputation, business interruption, unauthorised access to or loss of data, economic loss or any special, indirect or consequential damage and includes any Costs arising in connection with any of them. Indirect Loss does not include any Loss that arises in the usual course of things from the relevant act or omission;
Indirect Loss means loss of profits; loss of business; depletion of goodwill and/or similar losses; loss of anticipated savings; loss of goods; loss of contract; loss of use; loss or corruption of data or information; or any other special, indirect, consequential or purely economic loss, costs, damages, charges or expenses;
Indirect Loss means loss or damage which does not flow directly and immediately from the relevant event, circumstance, act or omission, and includes:
Indirect Loss means any debt, obligation, cost, expense, loss, damage, compensation, charge or liability of any kind which at Law is of an indirect nature [(including any indirect loss of profits, loss of or damage to goodwill and loss of business opportunities of this nature)].
Indirect Loss means loss of profits, loss of use, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature
Indirect Loss means loss of profit or revenue, loss of opportunity, l loss of use, loss of production, loss of contract or loss of goodwill, the cost of obtaining any new financing or maintaining any existing financing (including the making of any scheduled or other repayment or prepayment of debt and the payment of any other costs, fees or expenses incurred in connection with the obtaining or maintaining of financing) or any other indirect or consequential loss or damage but for the avoidance of doubt, shall not include: any amounts expressly payable under this Agreement, including (without limitation) in relation to termination or a Project Variation; any Losses in the form of reasonable interest, break costs or similar charges, or compensation payments a Party is bound to pay to a third party under a valid, enforceable and pre‑existing contract with such third party as a direct result of any breach of this Agreement by the other Party (and for the avoidance of doubt, such contracts include Customer Supply Agreements); and as loss of profit, loss of use, loss of production, loss of opportunity or loss of contracts (or the opportunity to contract) in respect of any breach by the Developer of its obligations under Clause 4 (Exclusivity). Insolvency Event: in respect of either Party: other than for the purposes of a bona fide reconstruction or amalgamation, such Party passing a resolution for its winding up, or a court of competent jurisdiction making an order for it to be wound up or dissolved, or that Party being otherwise dissolved; or the appointment of an administrator of, or the making of an administration order in relation to, either Party, or the appointment of a receiver or administrative receiver of, or an encumbrancer taking possession of or selling, the whole or any part of the entity's undertaking, assets, rights or revenue; or that Party entering into an arrangement, compromise or composition in satisfaction of its debts with its creditors or any class of them, or taking steps to obtain a moratorium, or making an application to a court of competent jurisdiction for protection from its creditors; or that Party being unable to pay its debts, or being capable of being deemed unable to pay its debts, within the meaning of section 123 of the Insolvency Act 1986 (as may be updated from time to time); or that Party entering into any arrangement, compromise or composition in satisfaction of its debts with its creditors. IPRs: any and all intellectual property right...