BioMarin Losses means the term defined in Section 13.1.
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.
Tax Losses has the meaning assigned to such term in Section 7.1(a).
Purchaser Losses shall have the meaning set forth in Section 9.1(a).
Buyer Losses shall have the meaning set forth in Section 8.2.
Seller Losses shall have the meaning set forth in Section 9.1(b).
distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;
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.
Seller Indemnitees has the meaning set forth in Section 8.03.
Purchaser Indemnitees has the meaning set forth in Section 7.02.
Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.
Buyer Indemnitees has the meaning set forth in Section 8.02.
Losses shall have the meaning set forth in Section 5(a).
Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.
Licensee Indemnitees has the meaning set forth in Section 11.2.
SpinCo Indemnitees shall have the meaning set forth in Section 4.3.
Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.
Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:
Company Indemnitees shall have the meaning set forth in Section 5.02.
Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:
Seller Indemnitee has the meaning set forth in Section 9.2(b).
Seller Indemnified Party has the meaning set forth in Section 7.2.
Licensor Indemnitees has the meaning set forth in Section 9.1.
Losses incurred means 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.
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Related Indemnitee Group has the meaning specified in Section 4.02(b) of the Participation Agreement.