Loss and Losses definition

Loss and Losses means any liability, damages, loss, costs, reasonable fees and expenses of counsel, claims, charges, payments, or expenses; costs, claims, penalties, fines, taxes, or expenses of any kind;
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Loss and Losses mean any and all damages, losses, deficiencies, Liabilities, obligations, penalties, judgments, settlements, claims, payments, fines, interest, costs and expenses (including, without limitation, the costs and expenses of any and all Actions and demands, assessments, judgments, settlements and compromises relating thereto and the costs and expenses of attorneys', accountants', consultants' and other professionals' fees and expenses incurred in the investigation or defense thereof or the enforcement of rights hereunder), including direct and consequential damages, but excluding punitive damages (other than punitive damages awarded to any third party against an indemnified party).
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Loss and Losses have the meanings specified in Section 3.05(a)(1). Management Committee: has the meaning specified in Section 3.05(e)(2).
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Examples of Loss and Losses in a sentence

  • For the purposes of this Article 10, the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages.

  • It is suggested that after due notice, PAN of such defaulters should be blocked in our system, in a such a way that these defaulters should not be allowed to file their Return of Income, which means that they cannot avail the benefit of carry forward of Business Loss and Losses under other heads where filing of Return of Income u/s.

  • Notwithstanding anything herein to the contrary, the terms "Loss" and "Losses" shall not include any indirect, consequential or punitive damages or liabilities incurred by any Indemnified Party, and shall be calculated after considering all tax effects, insurance proceeds, and other benefits received or receivable by the Indemnified Party.

  • For the purposes of this Article 9 the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, Liabilities, costs, and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by Acquirer or Priveco including damages for lost profits or lost business opportunities.

  • For the purposes of this Article 9, the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, Liabilities, costs, and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by Pubco or Priveco including damages for lost profits or lost business opportunities.

  • The definitions of "Loss" and "Losses" shall be deemed to include indirect, special, exemplary, punitive and consequential damages if such Loss or Losses arise out of any claim, suit, action or proceeding by any Person not a party (or an Affiliate of a party) to this Agreement in respect of which indemnity may be sought under this Agreement.

  • For the purposes of this Section 10, the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, costs, and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by Alta Vista or the Corporation including damages for lost profits or lost business opportunities.

  • For the purposes of this Section 13, the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, costs, and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by Champignon or Tassili including damages for lost profits or lost business opportunities.

  • For the purposes of this Article 9 the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, Liabilities, costs and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by the Purchaser or the Vendor including damages for lost profits or lost business opportunities.

  • For the purposes of this Article 9 the terms "Loss" and "Losses" mean any and all demands, claims, actions or causes of action, assessments, losses, damages, Liabilities, costs, and expenses, including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect, consequential or punitive damages suffered by Verify or Ukabobs including damages for lost profits or lost business opportunities.


More Definitions of Loss and Losses

Loss and Losses shall have the meaning given to such term in Section 10.2.
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Loss and Losses have the meanings specified in SECTION 3.05(a)(1).
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Loss and Losses means any and all liabilities or damage caused to the patrimony of the Company, its Subsidiaries or the Purchaser as a result of (i) any breach of this Agreement or (ii) any false, incorrect or misleading statement in the representations and warranties set forth in this Agreement. Such Loss shall include all costs incurred in or to be incurred in restoring the legal, financial, net worth and business conditions of the Purchaser, the Company or its Subsidiaries, all fines, sanctions, late payment interests and any other costs which are caused by such loss, as well as reasonable costs, expenses and disbursements such as judicial costs or fees for legal or other advisors.
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Related to Loss 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.

  • 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:

  • 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:

  • 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).

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

  • 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:

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

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

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Funding Losses has the meaning set forth in Section 2.13(b)(ii).

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

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • 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.

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

  • Relevant Losses means, in relation to:

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

  • Liquidating Losses means any net loss realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership (including upon the occurrence of any event of liquidation of the Partnership), including but not limited to net loss realized in connection with an adjustment to the book value of Partnership assets under Section 6.2 hereof.

  • 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.

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

  • Cumulative Net Losses means, as of any date of determination, the aggregate cumulative principal amount of all Receivables that have become Liquidated Receivables since the Initial Cutoff Date, net of all Net Liquidation Proceeds and Recoveries with respect to such Receivables as of last day of the most recently ended Collection Period.

  • Purchaser Indemnitees has the meaning set forth in Section 7.02.

  • Shared-Loss Assets means Shared-Loss Loans, Other Real Estate purchased by the Assuming Institution, Additional ORE, Shared-Loss Subsidiaries, and Capitalized Expenditures, but does not include Shared-Loss Securities.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

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

  • 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;