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 xxxx Xxxxxx 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.
USBGFS will notify the adviser to the Fund on the daily share sheet of any Net Material Losses regardless of the party responsible.
In the event that Tricida has already reimbursed or advanced Fees or advanced other amounts to Patheon for any Materials that are considered under this Section as Material Losses, Patheon shall replace such Materials at no further cost to Tricida or reimburse Tricida for those expenses.