To Losses Sample Clauses
The "To Losses" clause defines how losses are allocated or addressed between the parties in a contract. Typically, this clause specifies which party is responsible for certain types of losses, such as financial damages, property loss, or third-party claims, and may outline procedures for notification and reimbursement. By clearly assigning responsibility for losses, the clause helps prevent disputes and ensures that both parties understand their obligations in the event of a loss.
To Losses. First, to those Partners to which Losses have --------- previously been allocated, in reverse order of the allocations listed in Section 4.3 and to the extent of such Losses;
To Losses. 16 4.2.2 To Common........................................................... 17 4.3 Losses..................................................................... 17 4.3.1 To Common........................................................... 17 4.3.2 To Common Unrecovered Capital....................................... 17 4.3.3 To Preferred Unrecovered Capital.................................... 17 4.3.4 Residual............................................................ 17 4.3.5 Limit............................................................... 17 4.4