Remote Loss definition

Remote Loss means Loss which does not arise naturally from the relevant breach of this agreement, even if that Loss may reasonably be regarded as having been in the contemplation of the parties as a probable result of the breach and, in particular, includes loss of profits, loss of business opportunity, loss of revenue, loss of use, loss of contract, loss of goodwill and economic loss. "Schedule" means the credit account application form completed by or for the Hirer and accepted by LOSCAM and which includes amongst other things, details of the name and address of the proposed Hirer and the details of the Equipment to be taken on hire and includes the Quotation. Schedule also means any subsequent account application form that has been completed by or for the Hirer and accepted by LOSCAM that replaces, amends or supplements the original Schedule.
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Remote Loss means Loss which does not arise naturally from the relevant breach of this agreement, even if that Loss may reasonably be regarded as having been in the contemplation of the parties as a probable result of the breach and, in particular, includes loss of profits, loss of business opportunity, loss of revenue, loss of use, loss of contract, loss of goodwill and economic loss.
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Remote Loss means any consequential loss, indirect loss, special loss or loss of profits. State means the state of New South Wales.
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Examples of Remote Loss in a sentence

  • PURPOSE‌The purpose of this filing is to: Revise NCCI’s Assigned Carrier Performance Standards (ACPS or Performance Standards) related to Remote Loss Prevention Surveys and Audits.

  • They have an audible alarm, with mute button and a warning light; some independent alarms are fitted with a flashing beacon.x Independent Remote Loss of Rotation Alarm Panel: This is fitted in addition to the Standard Control Panel and gives warning if the rotor stops turning for any reason.x Independent High level Alarm: This may be fitted to units with an Integral Discharge Pump and gives warning if the level in the FST rises abnormally, indicating a pump failure.

  • However, even where we are liable for death or personal injury we are not liable for any associated Remote Loss (as defined in condition 24).

  • Regional Sampling Table for Remote Loss Assessment System 46 Table 11.

Related to Remote Loss

  • Remote location means a location from which a member of a legislative body participates in a meeting pursuant to subdivision (f), other than any physical meeting location designated in the notice of the meeting. Remote locations need not be accessible to the public.

  • Direct Loss means charges actually paid pursuant to this Agreement in respect of the period of the Delay. For the purposes of clause 13.4, the User's losses arising out of a Delay will be taken to include the amount of the relevant Direct Losses.

  • Cram Down Loss means, with respect to any Receivable (other than a Defaulted Receivable) as to which any court in any bankruptcy, insolvency or other similar Proceeding issues an order reducing the principal amount to be paid on such Receivable or otherwise modifies any payment terms with respect thereto, an amount equal to the amount of the principal reduction ordered by such court. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Remote state means a member state other than the home state, where a licensee is exercising or seeking to exercise the compact privilege.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eleven million dollars ($11,000,000.00).

  • Remote site means a setting physically separate from the sponsoring or supervising physician's primary place for meeting pa- tients or a setting where the physician is present less than twenty- five percent of the practice time of the licensee.

  • Bankruptcy Remote Party means each of the Seller, the Issuer, any other trust created by the Seller or any limited liability company or corporation wholly-owned by the Seller.

  • relevant loss means any loss or liability which has been or may be incurred by a relevant officer in connection with that relevant officer's duties or powers in relation to the Company, any associated company or any pension fund or employees' share scheme of the Company or associated company; and

  • Short-Sale Loss means the loss resulting from the Assuming Institution’s agreement with the mortgagor to accept a payoff in an amount less than the balance due on the loan (including the costs of any cash incentives to borrower to agree to such sale or to maintain the property pending such sale), further provided, that each Short-Sale Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2b(1)-(3).

  • Packet Loss means the difference between the number of service frames transmitted at the ingress UNI and the total number of service frames received at the egress UNI. Packet Loss may also be referred to as Frame Loss.

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Remote Terminal or "RT" means a cabinet, vault or similar structure at an intermediate point between the End User Customer and CenturyLink's Central Office, where Loops are aggregated and hauled to the Central Office or Serving Wire Center using LCM. A Remote Terminal may contain active electronics such as digital loop carriers, fiber hubs, DSLAMs, etc.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Remote Access means that inspection can be made without the need to physically visit the courthouse where the court record is maintained.

  • Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.

  • Foreclosure Loss means the loss realized when the Assuming Institution has completed the foreclosure on a Single Family Shared-Loss Loan and realized final recovery on the collateral through liquidation and recovery of all insurance proceeds. Each Foreclosure Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2c(1)-(3).

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.

  • Fraud Loss A Liquidated Loan Loss as to which there was fraud in the origination of such Mortgage Loan.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • Credit Event Net Loss means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of:

  • Extraordinary Loss Any Realized Loss or portion thereof caused by or resulting from:

  • Remote computing service means a custodian that provides to a user computer-processing services or the storage of digital assets by means of an electronic communications system, as defined in 18 U.S.C. §2510(14).

  • Direct Losses means all damages, losses, liabilities, penalties, fines, assessments, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses.