Loss Party definition

Loss Party shall have the meaning set forth in Section 5.1(d).
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Loss Party has the meaning set forth in Section 7.1(d).
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Loss Party means the Company, Parent, Sub, the Surviving Corporation, CC Capital and any of their respective Affiliates, and also includes any of their respective former, current and future direct or indirect equity holders, controlling persons, stockholders, directors, officers, employees, agents, members, managers, general or limited partners or assignees; provided that Loss Party shall not include any former or current stockholder of the Company who is a plaintiff in any action, claim, suits or Legal Proceedings relating to the Contemplated Transactions (other than Parent, Sub or their respective Affiliates, who, for the avoidance of doubt, shall be deemed Loss Parties).
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Examples of Loss Party in a sentence

  • The insured loss (including all related expenses) of a Party which relates to a claim made by that Party relating to a particular Policy Year under the Blanket Bond Coverage is hereinafter referred to as a "Blanket Bond Loss." Party includes the trustees and officers of an insured Party and other insured agents or employees of such a Party.

  • The insured loss (including all related expenses) of a Party which relates to a claim made by that Party relating to a particular Policy Year under the Blanket Bond Coverage is hereinafter referred to as a "Blanket Bond Loss." Party includes the trustees, directors and officers of an insured Party and other insured agents or employees of such a Party.

  • The Loss Party shall cooperate with the Insured Party and share such information as is reasonably necessary in order to permit the Insured Party to manage and conduct its insurance matters as it deems appropriate.

  • If the Insured Party incurs costs to enforce the Loss Party’s obligations herein, the Loss Party agrees to indemnify and hold harmless the Insured Party for such enforcement costs, including reasonable attorneys’ fees.

  • The amount of any and all Damages shall be reduced (but not below zero) to take into account any actual net reduction in Tax payable by the Loss Party or its Affiliates, to the extent such reduction (i) results directly from the incurrence of such Damage, and (ii) occurs during or prior to the Tax year (but not earlier than the Effective Time) in which the indemnification payment is made.

  • The Obligated Party agrees to keep any such counsel engaged by the Loss Party informed as to the status of any such defense, but the Obligated Party shall have the right to retain sole control over such defense and counterclaims.

  • Notwithstanding the foregoing, nothing contained in this Agreement shall limit the rights of any Loss Party to seek or obtain injunctive relief or any other equitable remedy to which such Loss Party is otherwise entitled.

  • The Loss Party agrees that within a reasonable period of time after it becomes aware of facts that may give rise to a claim for reimbursement or indemnification under this Article III, it will provide notice thereof in writing to the Obligated Party, specifying the nature of and specific basis for such claim.

  • On the Closing Date, Borrower shall execute and deliver to Lender the Senior Loan Note, which shall evidence Borrower's obligation to pay the principal and interest noted therein.

  • If the Loss Party receives such insurance or indemnity payments prior to being indemnified with respect to such Damages, the amount of Damages shall be reduced by the net amount of such insurance proceeds or indemnity payments to the extent related to such Damages, less reasonable attorney’s fees and other third party expenses incurred in connection with such recovery.


More Definitions of Loss Party

Loss Party means any applicable Hess Entity, HIP GP or member of the Public Company Group, as the case may be and as applicable, in such Person’s capacity as the Person entitled to reimbursement or indemnification in accordance with Article III.
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Related to Loss Party

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

  • Loss Payable Clauses means the provisions regulating the manner of payment of sums receivable under the Insurances which are to be incorporated in the relevant insurance document, such Loss Payable Clauses to be in the forms set out in paragraph 4 of this Schedule, or such other form as the Bank may from time to time agree in writing;

  • Industrial insured means an insured:

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Insurers means the underwriters or insurance companies with whom any Obligatory Insurances are effected and the managers of any protection and indemnity or war risks association in which any or the Collateral Vessels may at any time be entered.

  • First party insurance means an insurance policy or contract in which the insurer

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.

  • Collateral Insurance shall have the meaning set forth in Section 4.4(a).

  • Content Provider means any video programming provider of copyrighted works for transmission to Licensed Products and the copyright owners of such work.

  • Related Party Contract has the meaning set forth in Section 3.25.

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Third Party Providers or “TPPs” means any payment service provider that provides payment services to you or someone else that concerns the Account, for example, an AISP (described in Clause 1(c) below).

  • Managing Agent means a person authorized by the landlord to act on behalf of the landlord under

  • Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.