Common use of Adverse Consequences Clause in Contracts

Adverse Consequences. Adverse Consequences" means any liabilities or compensatory damages, natural resource damages, penalties, costs and fines, including reasonable attorney's fees, but excluding: (a) consequential, special or incidental damages (such as loss of profits, loss of business opportunity, loss of use. diminution in value of any property, or business interruption); and (b) any attorney's 103 or consultant's fees or other costs incurred by an indemnitee for any matter in which the indemnitor has in good faith accepted its defense and indemnity obligations.

Appears in 1 contract

Sources: Master Sale and Purchase Agreement (Lear Corp /De/)

Adverse Consequences. Adverse Consequences means any cost, loss, Liability, obligation, amounts paid in settlement, claim, cause of action, damage, deficiency, expense, Taxes, fine, penalty, judgment, award or assessment, including court costs and reasonable attorneys’ fees and expenses; provided that “Adverse Consequences" means any liabilities ” does not include special, incidental, consequential, punitive or compensatory indirect damages, natural resource damages, penalties, costs except to the extent sought against and fines, including reasonable attorney's fees, but excluding: (a) consequential, special or incidental damages (such as loss of profits, loss of business opportunity, loss of use. diminution in value of any property, or business interruption); and (b) any attorney's 103 or consultant's fees or other costs incurred awarded to a Potential Indemnitee by an indemnitee for any matter in which the indemnitor has in good faith accepted its defense and indemnity obligationsa third party.

Appears in 1 contract

Sources: Purchase and Sale Agreement (CPI Card Group Inc.)

Adverse Consequences. For purposes of this Article VI, “Adverse Consequences" means any liabilities or compensatory all damages, natural resource damagescosts, penaltiesobligations, liabilities, losses, expenses, and fees, including court costs and finesreasonable attorneys’ fees and expenses; provided, including reasonable attorney's feeshowever, but excluding: (a) consequentialthat Adverse Consequences shall exclude punitive, incidental, consequential and special or incidental damages (such as loss except to the extent included in damages paid by or on behalf of profits, loss of business opportunity, loss of use. diminution the Indemnified Party in value respect of any property, or business interruptionThird Party Claim); and (b) any attorney's 103 or consultant's fees or other costs incurred by an indemnitee for any matter in which the indemnitor has in good faith accepted its defense and indemnity obligations.

Appears in 1 contract

Sources: Stock Purchase Agreement (Precision Aerospace Components, Inc.)

Adverse Consequences. For purposes of this Article IX, “Adverse Consequences" means any liabilities or compensatory all damages, natural resource damagescosts, penaltiesobligations, liabilities, losses, expenses, and fees, including court costs and finesreasonable attorneys’ fees and expenses; provided, including reasonable attorney's feeshowever, but excluding: (a) consequentialthat Adverse Consequences shall exclude punitive, incidental, consequential and special or incidental damages (such as loss except to the extent included in damages paid by or on behalf of profits, loss of business opportunity, loss of use. diminution the Indemnified Party in value respect of any property, or business interruptionThird Party Claim); and (b) any attorney's 103 or consultant's fees or other costs incurred by an indemnitee for any matter in which the indemnitor has in good faith accepted its defense and indemnity obligations.

Appears in 1 contract

Sources: Stock Purchase Agreement (STR Holdings, Inc.)