Economic Loss. The Subscriber believes that an investment in the Securities is suitable for the Subscriber based upon the Subscriber’s investment objectives and financial needs. The Subscriber (i) has adequate means for providing for the Subscriber’s current financial needs and personal contingencies; (ii) has no need for liquidity in this investment; (iii) at the present time, can afford a complete loss of such investment; and (iv) does not have overall commitments to investments which are not readily marketable and disproportionate to the Subscriber's net worth, and the Subscriber's investment in the Securities will not cause such overall commitments to become excessive.
Economic Loss. Notwithstanding anything contained in these General Conditions or the Contract, the Seller shall in no circumstances be liable, in contract, tort (including negligence or breach of statutory duty) or otherwise howsoever, and whatever the cause thereof (i) for any loss of profit, business, contracts, revenues, or anticipated savings, or (ii) for any special indirect or consequential damage of any nature whatsoever.
Economic Loss. An Employee covered by this Agreement who has at any time since May 1, 1961, received a wage rate in his present classification in excess of the rate for that classification, set forth in Article 1, paragraph 1 of this Agreement, shall suffer no reduction in his rate per hour through the signing of this Agreement, so long as he continues to be employed by the same Employer, and works in the same classification. In no event, however, will any Employee be entitled to weekly overtime pay for hours worked unless such hours exceed forty-eight (48) hours in any work week. No Employee shall receive less than the hourly rates provided in Article 1 of this Agreement.
Economic Loss. The Lender believes that an investment in the Securities is suitable for the Lender based upon the Lender’s age, other investments, tax status, investment experience, investment objectives, investment time horizon, liquidity needs, risk tolerance, financial needs, among other factors. The Lender: (i) has adequate means for providing for the Lender’s current financial needs and personal contingencies; (ii) has no need for liquidity in this investment; (iii) at the present time, can afford a complete loss of such investment; (iv) does not have overall commitments to investments which are not readily marketable and disproportionate to the Lender's net worth, and (v) the Lender's investment in the Securities will not cause such overall commitments to become excessive.
Economic Loss. (a) As respects Layer One: If there are no Significant Negative Results, this term shall mean the Net Present Value of Ultimate Net Loss payments made by Reinsurer in Layer One less the sum of (i) the Net Present Value of Layer One reinsurance premium paid and (ii) the Net Present Value of Optional Retrospective Premium actually paid to the Reinsurer as stipulated in the article entitled REINSURANCE PREMIUM. If there are Significant Negative Results at any time after the Closing Date, this term shall mean the Net Present Value of Ultimate Net Loss payments made by the Reinsurer in Layer One less the sum of (i) the Net Present Value of Layer One reinsurance premium paid and (ii) if positive, the difference between the Net Present Value of Optional Retrospective Premium actually paid to the Reinsurer and $40,000,000.
Economic Loss. EMPLOYEES covered by this Agreement receiving wages or conditions over and above those listed in this Agreement shall suffer no economic reduction through the signing of this Agreement. No EMPLOYEE shall receive less than the hourly rates provided in this Agreement. Individual Negotiating:
Economic Loss. Except for willful misconduct, the parties shall not be liable towards each other for any indirect or consequential damage or loss such as, but not limited to, loss of profit, loss of production or loss of opportunity.
Economic Loss. Par. 1 Employees covered by this Agreement receiving higher wages or more attractive working conditions than those provided for in this Agreement shall suffer no reduction by virtue of this Agreement and shall be paid all increases in wages negotiated herein.
Economic Loss. ARTICLE 7 An Employee covered by this Agreem ent who has at any time since May 1, 1951, received a wage rate in his present classification in excess of the rate for that classification, set forth in A rticle 1, paragraph 1 of this Agreem ent, shall suffer no reduction in his rate per hour through the signing of this Agreement, so long as he continues to be employed by the same Em ployer, and works in the same classification. In no event, however, will any Em ployee be entitled to weekly overtime pay for hours worked unless such hours exceed forty-eight (48) hours in any work week. No Employee shall receive less than the hourly rates provided in A rticle 1 of this Agreement. Individual Negotiating:
Economic Loss. Notwithstanding anything in this Agreement, in no event will any party be liable to the other for any indirect, incidental, special, punitive, or consequential damages whatsoever arising out of, or in connection with, this Agreement. That includes lost profits, anticipated revenue, loss of data or information systems, failure to realize expected savings, any commercial or economic loss, and any third-party claim. The way in which the claim arises – negligence, tort, statute, equity, case law, or any other legal theory – doesn’t affect this exclusion.
