Loss or Claim definition

Loss or Claim means, in relation to any person, a damage, loss, cost, expense or liability incurred by the person or a claim, demand, action, proceeding or judgment made against the person, however arising and whether present or future, fixed or unascertained, actual or contingent;
Loss or Claim means any loss, liability, action, proceeding, damage, cost, or expense (including all reasonable legal costs and expenses), including liability in tort and consequential and economic losses.
Loss or Claim means any claim, demand, action, proceeding or judgment made, or damage, loss, cost, expense or liability incurred, however arising (whether in contract, tort (including negligence) or otherwise) and whether present or future, actual or contingent;

Examples of Loss or Claim in a sentence

  • Except as provided in the prior sentence, each Party (“Indemnifying Party”) hereby releases and holds harmless the other Party (“Indemnitee”) (and Indemnitee’s Affiliates, and its respective officers, directors, employees and agents) against any Loss or Claim made by the Indemnifying Party’s End User.

  • The Training Provider's liability to indemnify the Department under Clause 14.4 will be reduced proportionally to the extent that a negligent, wilfully reckless, or unlawful act or omission of the Department has directly caused the relevant Loss or Claim.

  • The Training Provider's liability to indemnify the Department under Clause 13.3 will be reduced proportionally to the extent that a negligent, wilfully reckless, or unlawful act or omission of the Department has directly caused the relevant Loss or Claim.

  • To the maximum extent permitted by law, we have and are under no liability (whether in negligence or otherwise) to you for any Loss or Claim in connection with or relating to this Agreement or a transaction under this Agreement.

  • Unless specifically provided otherwise in this Agreement, QBT is not liable for any Loss or Claim, including damage, destruction, contamination or loss of Product, suffered by the Client, unless (and then only to the extent that) such is caused directly by the negligence of QBT or its employees.

  • The Training Provider's liability to indemnify the Department under Clause 13.2 will be reduced proportionally to the extent that a negligent, wilfully reckless, or unlawful act or omission on the part of those indemnified has directly caused the relevant Loss or Claim.

  • In no event will the Licensor or its suppliers be liable to you for any damages, claims or costs whatsoever or any consequential, indirect, incidental damages, or any lost profits or lost savings (“Loss or Claim”), even if a Licensor representative has been advised of the possibility of such Loss or Claim or for any Loss or Claim by any third party.

  • To the extent permitted by law, the Company’s maximum liability for any Loss or Claim suffered or incurred by the IB in connection with these Terms, whether arising from or in connection with any breach of contract, tort (including negligence) or any other cause of action is limited in aggregate to the amount of Fees that the Company paid to the IB in the 6 month period immediately before the date of the event giving rise to the liability.

  • The maximum liability of the Health Service to the Service Recipient for any Loss or Claim in connection with this Agreement is limited to the amount of Service Fee paid to the Health Service for Services not provided to the Service Recipient.

  • The liability of a party for a Loss or Claim of the type referred to in clause 8.1 shall be reduced to the extent to which it is satisfied pursuant to the Remediation Program.


More Definitions of Loss or Claim

Loss or Claim means, in relation to any person, a damage, loss, cost, expense or liability incurred by the person or a claim, demand, action, proceeding or judgment made against the person, however arising and
Loss or Claim means any claim, demand, action, proceeding or judgment made or damage, loss, obligation, cost, expense or liability incurred, however arising and whether present or future, fixed or unascertained, actual or contingent;
Loss or Claim means, in relation to any person, a damage, loss, cost, expense or liability incurred by the person (including, without limitation, legal expenses on a solicitor and own client basis) or a claim, demand, action, proceeding or judgment made against the person, however arising and whether present or future, fixed or unascertained, actual or contingent; -------------------------------------------------------------------------------- COMMERCIAL IN CONFIDENCE COMMERCIAL IN CONFIDENCE --------------------------------------------------------------------------------

Related to Loss or Claim

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • 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:

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for:

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Claim means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena, or investigation of any nature, whether civil, criminal, administrative, regulatory or other, and whether at law, in equity or otherwise brought against an Indemnified Person.

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.