Financial Loss definition
Examples of Financial Loss in a sentence
Tenant Financial Loss – If a tenant is unable to move forward with the option to purchase they will likely lose any money paid as part of the Rent-to-Own Agreement.
Business Risks and Financial Loss: The Investor acknowledges and agrees that the investment in the Project through the Company is accompanied by all business risks associated with a venture or project of such nature.
It is hereby expressly stipulated and declared that it shall be a condition precedent to any right of action or Suit upon this Policy that the award by such arbitrator/ arbitrators of the amount of the Loss or Financial Loss shall be first obtained.
If specified to be covered in the Policy Schedule, within the Limit of Liability, We will indemnify You for the necessary cost of temporary repairs incurred to prevent any immediate threat of Property Loss or Personal Injury or Financial Loss, the liability for which would otherwise be indemnifiable under the Insuring Clause (Section 1.1).
If the Parties have not been able to reach agreement with regard to the Financial Loss within 3 months after the notification referred to under (b) has been sent, the Financial Loss must be determined in application of Article 21 (Dispute Resolution).