Liability and Losses definition

Liability and Losses means as defined in Section 7.3 hereof.
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Liability and Losses has the meaning ascribed to it in Section 7.3 hereof.
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Examples of Liability and Losses in a sentence

  • Won the2Of3 California Sanitation Risk Management Authority's SHELL Award which recognizes statewide excellence in management of Safety, Health, Environmental, Liability and Losses, and the 2Of4 California Water Environment Association Treatment Plant Safety Award at the local, State, and national levels.• Operates a 72OkW biogas−fired cogeneration power plant.

  • In addition, AFC shall indemnify and hold harmless each Shareholder from any Liability and Losses incurred by any Shareholder as a result of such Shareholder’s personal guarantee of any Union Bank Loan or AFC’s failure to perform under this Section 5.6.

  • IC CL No. 2015-32 provides that the reserves for a non-life insurance policy shall be composed of Premiums Liability and Losses and Claims Payable determined using best estimate assumptions, and appropriate Margin for Adverse Deviation for expected future experience.

  • Intent to Share in Liability and Losses Except as otherwise provided herein, it is the intent of each city to be jointly and equally responsible for and to share in all claims, liability, lawsuits losses, damage, costs and expenses, including attorneys fees and costs of litigation for personal injuries (including death) and property damage arising directly or indirectly as the result of the joint operations of the JASU as set forth hereunder.

Related to Liability and Losses

  • 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.

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Losses shall have the meaning set forth in Section 5(a).

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • Profits and Losses means, for each Fiscal Year or other period, an amount equal to the Company's taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(l) shall be included in taxable income or loss), with the following adjustments:

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

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Adverse Consequences means all actions, suits, proceedings, hearings, investigations, charges, complaints, claims, demands, injunctions, judgments, orders, decrees, rulings, damages, dues, penalties, fines, costs, amounts paid in settlement, Liabilities, obligations, Taxes, liens, losses, expenses, and fees, including court costs and reasonable attorneys' fees and expenses.

  • 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.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Special Damages has the meaning specified in Section 11.21.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Buyer Indemnitees has the meaning set forth in Section 8.02.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Noneconomic damages ’ means damages for phys-

  • 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;

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Indemnified Parties shall have the meaning assigned to such term in Section 7.2.