Direct Losses definition

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.

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Direct Losses means damages, losses, indebtedness, claims, actions, costs (including the cost of legal or professional services, legal costs being on an indemnity basis), expenses, liabilities, proceedings, demands and charges whether arising under statute, contract or at common law, but excluding Indirect Losses;

Direct Losses means any Losses other than those described in Rule 527(d). “Director” means any member of the Board.

Examples of Direct Losses in a sentence

• In all events, 100% of the entire amount of Losses that constitute Direct Losses of any Shareholder Indemnitee shall be paid to the applicable Shareholder Indemnitees.

• Where the Required Action has been taken otherwise than as a result of a breach by the Contractor, the Authority shall undertake the Required Action in accordance with Good Industry Practice and shall indemnify and keep indemnified in full the Contractor against all Direct Losses where it fails to do so.

• Subject to paragraphs 2.3 and 9, RfL(I) shall, in respect of each RfL(I) Restriction of Use, pay to the Train Operator the Direct Losses incurred by the Train Operator as a consequence of such RfL(I) Restriction of Use.

• If the LAA incurs Direct Losses or Indirect Losses as a consequence of a breach of this Agreement by the Licensee, the Licensee will be responsible to the LAA for the value of such losses and shall repay the same to the LAA within 28 days of reasonable evidence of such losses being presented to the Licensee.

• The Contractor shall indemnify and keep indemnified the Authority against all Direct Losses incurred by it in respect of any breach of this clause 83 by the Contractor and/or any act or omission of any sub-contractor which causes the Contractor to be in breach of this clause 83.

More Definitions of Direct Losses

Direct Losses means, subject to the provisions of Clause 16 (Indemnities), all damage, losses, liabilities, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on an agent/client, client paying basis), proceedings, demands and charges whether arising under statute, contract or at common law but, to avoid doubt, excluding Indirect Losses;

Direct Losses means affected hotels' losses of hotel guest business attributable to the qualified hotel room supply being added to the market in the state.

Direct Losses means all Losses other than Indirect Losses;

Direct Losses means, in respect of a condition, event or omission, without duplication, all damages, losses, liabilities, claims, actions, costs, expenses (including the cost of legal or professional services), proceedings, demands and charges (subject to any duty to mitigate at Law), whether arising under statute, contract or at common law, which result directly from such condition, event or omission and which, in the case of negligence, are reasonably foreseeable as likely to occur:

Direct Losses means, in relation to a Party, the actual losses or damages sustained by the Party that arise in the usual course but not any special, indirect, consequential or incidental losses or damages (whether or not they were or ought to have been foreseen or known by the other Party) including, but not limited to, loss of business opportunity, business interruption or lost profits, or punitive or exemplary damages;

Direct Losses means, in relation to a Party, actual, direct and foreseeable costs, losses or damages incurred by that Party caused by, or resulting from, a breach of this Agreement by the other Party, and includes all charges or other amounts that

Direct Losses means all damage, losses, indebtedness, claims, actions, cash, expenses (including the cost of legal or professional services), proceedings, demands, and charges whether arising under statute, contract or at common law but to avoid doubt, excluding Indirect Losses;