Potential Losses definition

Potential Losses means all the potential Indemnifiable Losses claimed by Third Parties under Third Party Claims in progress and not Finally Resolved until the Calculation Date provided that such Third Party Claim shall have been filed before a court or arbitral tribunal or in respect to administrative Tax Claims, the relevant Government Authority, in any case, filed until the Calculation Date.
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Potential Losses shall have the meaning set forth in Section 2.8.
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Examples of Potential Losses in a sentence

  • The estimated value assessed (valor de exposição estimado) in the Legal Advisor Report shall prevail and bind the Parties and the Option C Shareholders, being considered final and conclusive under the Potential Losses.

  • For the purposes of determining the value of the Potential Losses, the Company shall hire one (1) Legal Advisor to determine the value, in Brazilian Reais (R$), referring to the Potential Losses, considering exclusively the amount that could actually become a loss for the Company (“Legal Advisor Report”).

  • The Holdback Report should also contain a reasonably detailed description, and the respective value attributed to each of the Materialized Losses on the Calculation Date and Potential Losses.

  • If the total amount of the Materialized Losses on the Calculation Date existing on the fifth (5th) Calculation Date is lower than the Reference Value, and there are Potential Losses on such Calculation Date, then the total amount of the outstanding Potential Losses (as provided in the Holdback Report) shall be retained by ▇▇▇▇▇▇ (“Retained Holdback Amount”).

  • T-NDE shall further be permitted to offset amounts for claims giving rise to potential Indemnified Losses that have been asserted against T-NDE prior to the next occurring installment due date under the Promissory Note ("Potential Losses"); provided, however, that T-NDE shall be permitted to make offsets for Potential Losses only to the extent of the amount (if any) by which the aggregate of Potential Losses exceeds the amount remaining payable on the Promissory Note.

  • The amount of Potential Losses shall be determined by T-NDE in good faith.

Related to Potential Losses

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Partial Loss means, with respect to any ACS Group Aircraft, any event or occurrence of loss, damage, destruction or the like which is not a Total Loss.

  • Environmental Losses means all costs and expenses of any kind, damages, including foreseeable and unforeseeable consequential damages, fines and penalties incurred in connection with any violation of and compliance with Environmental Requirements and all losses of any kind attributable to the diminution of value, loss of use or adverse effects on marketability or use of any portion of the Premises or Property.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Material Loss means an uninsured: