Loss-and-Expense definition

Loss-and-Expense has the meaning ascribed in Section 4.2.

Loss-and-Expense means any and all losses, liabilities, obligations, damages, delays, fines, penalties, judgments, deposits, costs, claims, demands, charges, assessments, taxes, or expenses, including all Fees-And-Costs.

Loss-and-Expense means loss, liability, alleged liability, obligation, damage, delay, penalty, judgment, cost, fee, claim, charge, tax, or expense of every kind (including related Fees-And-Costs).

Examples of Loss-and-Expense in a sentence

• If an indemnified party believes that it has suffered or incurred any Loss and Expense, it shall notify the indemnifying party promptly in writing, and in any event within the applicable time period specified in Section 8.1, describing such Loss and Expense, all with reasonable particularity and containing a reference to the provisions of this Agreement in respect of which such Loss and Expense shall have occurred.

• If any action at law or suit in equity is instituted by a third party with respect to which any of the parties intends to claim any liability or expense as Loss and Expense under this Article 8, such party shall promptly notify the indemnifying party of such action or suit.

• The Notifying Party shall be entitled at any time, at its own cost and expense (which expense shall not constitute a Loss and Expense) to participate in such contest and defense and to be represented by attorneys of its or their own choosing.

• The amount of the Loss and Expense set forth in the notice shall not be a limitation on any claim for the actual amount of such Loss and Expense, however.

• Such notice shall be a condition precedent to any liability of the Indemnifying Party for such Claim under this Article VI, and such notice shall describe the Claim in reasonable detail and shall indicate the amount (estimated if necessary) of the Loss and Expense that has been or may be sustained by the Indemnified Party.

More Definitions of Loss-and-Expense

Loss-and-Expense has the meaning set forth in Section 6.02.

Loss-and-Expense means any and all actual losses, liabilities, forfeitures, obligations, damages, fines, penalties, judgments, deposits, costs, expenses, charges, or Taxes, including all Fees and Costs, except as explicitly excluded or limited under any provision of this Contract.

Loss-and-Expense has the meaning set forth in Section 9.2(a).

Loss-and-Expense means, and is limited to, any and all loss, demand, liability, forfeiture, obligation, damage, settlement payment, fine, penalty, judgment, deposit, charge, tax, cost or expense relating to third-party claims, including all Fees and Costs.

Loss-and-Expense shall have the meaning given to it in Section 11.2(a).

Loss-and-Expense means any and all actual loss, liability, forfeiture, obligation, damage, fine, penalty, judgment, deposit, cost, charge, claim, Tax, or expense, including all Fees and Costs, except as explicitly excluded or limited under any provision of this Contract, relating to third party claims for which the Company is obligated to indemnify the County Indemnitees pursuant to this Contract. “Loss-and-Expense” for the purpose of any provision hereunder requiring indemnification of County Indemnitees means and includes any special, incidental, consequential, punitive or similar damages incurred by the County Indemnitees for third party claims.

Loss-and-Expense means any and all (1) loss, liability, forfeiture, obligation, damage, fine, penalty, judgment, deposit, charge, assessment, Tax, cost or expense, and (2) fees, costs and expenses of expert witnesses, contractors, and other persons, including all Fees and Costs, incurred in connection with investigating, preparing for, defending or responding to any Legal Proceeding, in each case relating to third party claims for which DBOM Contractor is obligated to indemnify the BWS Indemnitees pursuant to the DBOM Contractor Indemnity.