Third Party Losses and Claims has the meaning set forth in Section 10.1.1.
Third Party Claims has the meaning set forth in Section 11.1.
Buyer Losses shall have the meaning set forth in Section 11.1 hereof;
Seller Losses has the meaning set forth in Section 10.2(a).
Purchaser Losses shall have the meaning set forth in Section 9.1(a).
Tax Losses has the meaning assigned to such term in Section 7.1(a).
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.
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.
Losses and Expenses has the meaning set forth in Section 5.4(a).
Covered Losses has the meaning set forth in Section 9.2(b).
Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.
Purchaser Indemnitees has the meaning set forth in Section 7.02.
Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).
Buyer Indemnitees has the meaning set forth in Section 8.02.
Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.
Seller Indemnitees has the meaning set forth in Section 8.03.
Losses incurred as used herein shall mean ceded losses and loss adjustment expense paid as of the effective date of calculation, plus the ceded reserves for losses and loss adjustment expense outstanding as of the same date, all as respects losses occurring during the contract year under consideration, plus the debit or minus the credit from the preceding contract year.
Buyer Indemnified Persons has the meaning set forth in Section 8.2.
Losses shall have the meaning set forth in Section 5(a).
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Third Party Infringement Claim has the meaning set forth in Section 23.5.1.
Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).
Third Party Claim has the meaning set forth in Section 8.3.
Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Buyer Indemnified Parties has the meaning set forth in Section 8.2.
Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.