Losses definition

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

Losses means any and all losses, costs (including court costs), claims, damages (including fines, penalties, and criminal or civil judgments and settlements), injuries, liabilities and expenses (including attorneys’ fees).

Losses has the meaning set forth in Section 8.2.

Examples of Losses in a sentence

• Subject to the limitations and exclusions of liability in this Agreement, the Custodian will be liable for Losses suffered or incurred by the Client to the extent such Losses are caused by the negligence, wilful default, or fraud of the Custodian in the performance of its obligations under this Agreement.

• If such amount exceeds the Deductible, then the Buyer will be entitled to recover the full amount of all Losses recoverable under Clause 7.2 in excess of the Deductible (subject to the limitation set forth in Clause 7.4(b) below).

• If the allocation provided by the immediately preceding sentence is unavailable for any reason, the Company and the Manager severally shall contribute in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the Company on the one hand and of the Manager on the other in connection with the statements or omissions which resulted in such Losses as well as any other relevant equitable considerations.

• Where an error results in a series of related Information Classification: Limited Access Losses and gains, the Custodian will be entitled to net gains against Losses when permitted by Law.

• The Seller shall not be liable under this Clause 7 for any Losses based upon or arising out of any inaccuracy in or breach of any of the Warranties of the Seller contained in this Agreement if the Buyer had knowledge of such inaccuracy or breach prior to Completion.

More Definitions of Losses

Losses has the meaning set forth in Section 9.1.

Losses means any losses, damages, deficiencies, Liabilities, assessments, fines, penalties, judgments, actions, claims, costs, disbursements, fees, expenses or settlements of any kind or nature, including legal, accounting and other professional fees and expenses.

Losses means all losses, liabilities, damages, costs, expenses whether direct, indirect, special or consequential (including, without limitation, any economic loss or other loss of profits, business or goodwill, management time and reasonable legal fees) and charges, including such items arising out of or resulting from actions, proceedings, claims and demands;

Losses means, for each Fiscal Year or other taxable 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)(1) shall be included in taxable income or loss), with the following adjustments (without duplication):

Losses shall have the meaning set forth in Section 11.1.

Losses means all Liabilities, losses, costs, damages, Taxes, penalties or expenses (including attorneys’ fees and expenses and costs of investigation and litigation).

Losses means all losses, liabilities, claims, demands, suits, causes of action, judgments, awards, damages, cleanup and remedial obligations, interest, fines, fees, penalties, costs and expenses (including all attorneys’ fees and other costs and expenses incurred in defending any such claims or other matters or in asserting or enforcing any indemnity obligation).