Property Losses definition

Property Losses means all losses, damages, costs, charges or expenses which the Sellers, the Group Companies and/or the Insolvency Officers have incurred or sustained or may, directly or indirectly, incur or sustain, excluding any claims by the Landlord for loss of rent and outgoings;
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Property Losses has the meaning given to it in paragraph 1 of Schedule 6;
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Examples of Property Losses in a sentence

  • To the extent Net Property Losses are allocated to LTIP Unitholders pursuant to Section 6.03(b), such Net Property Loss shall be allocated among the LTIP Unitholders in a manner that reverses the allocation of Net Property Gain to the LTIP Unitholders pursuant to this Section 6.04(a).

  • PI EPU amortization expense is recorded by NSP (Minn) in Account 407 Amortization of Property Losses, Unrecovered Plant and Regulatory Study Costs.

  • Notwithstanding anything to the contrary herein, for so long as the Buyer’s Insurance Policy is not fully exhausted, Buyer (and any Buyer Party) shall first pursue recovery for any and all Indemnified Taxes, Indian JV Liabilities, NC Property Losses, Pre-Closing Workers’ Compensation Liabilities and FCC Indemnified Losses against Buyer’s Insurance Policy if, and to the extent, the terms of Buyer’s Insurance Policy provide for indemnification of Buyer with respect to such matters.

  • The maximum amount recoverable by Buyer and the other Buyer Parties from Sellers for Indemnified Taxes, Indian JV Liabilities, NC Property Losses, Pre-Closing Workers’ Compensation Liabilities and FCC Indemnified Losses shall be limited to an aggregate amount equal to the Base Closing Cash Amount.

  • In the event that a Non-Compliance Certificate has been provided pursuant to Section 2.4(b) hereof with respect to any specific Intellectual Property Losses, and provided that Parent and the Stockholder Representative have resolved any objections related to any such Non-Compliance Certificate, Parent shall not be required to submit additional Non-Compliance Certificates in the event it applies a deduction to future Milestone Payments in respect of Rolling Losses.

  • During the term of this Agreement (as described in Section 6.11 hereof), Parent shall have the right to set off twenty percent (20%) of any Intellectual Property Losses (the “Stockholder Portion”) against Milestone Payments otherwise payable to the Company Stockholders hereunder.

  • Property Losses: Students are responsible for any personal belongings brought to School.

  • Notwithstanding anything to the contrary herein, no member of the Buyer Group shall be entitled to any indemnification for any Excluded Intellectual Property Losses.

  • In addition, at no time shall the Seller Parties be liable for any Intellectual Property Losses in respect of a Non-Practicing Entity Claim.

  • Current and Accrued Assets (174) 32 Total Current and Accrued Assets $ 215,924 $ (12,955) $ 202,969 DEFERRED DEBITS 32 Unamortized Debt Discount & Expense (181) 24,976 8,123 33,099 33 Extraordinary Property Losses (182) 34 Prelim.