Examples of Direct Loss in a sentence
In this clause: Direct Loss means any loss, damage, cost, liability or expense (however incurred) but excludes any Consequential Loss.
The liability of a party to any other party for any act or omission (including any act or omission amounting to a breach of this agreement or a breach of statute or any negligent act or omission) under or in connection with this agreement (including any Transaction) is limited to the recovery by that party of Direct Loss less any amount of Excluded Loss relating to that other party in respect of that act or omission.
To the extent permitted by Law, the Service Providers’ liability to the Shipper in connection with this document, the operation of the Pipeline or the provision of Services to the Shipper, whether under common law, tort, equity statute or otherwise, is limited to any Direct Loss suffered of incurred by the Shipper as a direct result of the Service Providers’ breach of this document.
Direct Loss loss resulting directly from any failure to comply with this agreement in contract, tort (including negligence) or otherwise, but excludes any Consequential Loss.
To the extent permitted by Law, the Service Provider’s liability to the Shipper in connection with this document, the operation of the VicHub or the provision of Services to the Shipper, whether under common law, tort, equity statute or otherwise, is limited to any Direct Loss suffered or incurred by the Shipper as a direct result of the Service Provider’s breach of this document.