Material Losses definition
Examples of Material Losses in a sentence
Administrative Agent shall have the exclusive right to adjust all Material Losses payable under any such insurance policies without any liability to Borrower or any Subsidiary of Borrower whatsoever in respect of such adjustments.
Notwithstanding anything to the contrary herein, no claim may be made against Seller for indemnification under Section 11.2(c) until the aggregate dollar amount of the Material Losses suffered or incurred by Buyer for which Buyer would otherwise be entitled to indemnification thereunder exceeds 1% of the unadjusted Purchase Price; after such ▇▇▇▇ ▇▇▇▇▇▇ shall be liable to the extent and only to the extent that the aggregate amount of such Material Losses exceeds 1% of the unadjusted Purchase Price.
Tricida shall have no financial responsibility for any Material Losses and the costs of the same shall not be passed on to Tricida.
Materials, including Key Raw Materials, are to be billed as pass-through cost and will be invoiced at such time as Patheon completes the release testing of Materials which confirm that such Key Raw Materials meet specifications (except with respect to Materials to be used in replacement Products provided pursuant to the terms of the MDA, due to other Material Losses as provided in the MDA or otherwise provided for in this K[NO.] SOW).
Notwithstanding anything to the contrary herein, no claim may be made against Seller for indemnification under Article 8(l) until the aggregate dollar amount of the Material Losses suffered or incurred by the Indemnified Party for which such Indemnified Party would otherwise be entitled to indemnification thereunder exceeds 1% of the Purchase Price; after such ▇▇▇▇ ▇▇▇▇▇▇ shall be liable to the extent and only to the extent that the aggregate amount of such Material Losses exceeds 1% of the Purchase Price.