Company Loss definition

Company Loss shall have the meaning set forth in Section 5.5.

Company Loss has the meaning set forth in Section 9.5.

Company Loss has the meaning specified in ------------ Section 7.03.

Examples of Company Loss in a sentence

• In the event a Buyer Indemnified Party incurs a Buyer Indemnified Company Loss for which such Buyer Indemnified Party seeks indemnification pursuant to this Article IX, such Buyer Indemnified Party shall simultaneously seek indemnification under the Company Purchase Agreement.

• Any Company Claim will state in reasonable detail the basis for the Company Losses to the extent then known by the Company Indemnified Party and the nature of the Company Loss for which indemnification is sought, and it may state the amount of the Company Loss claimed.

• The Insurer will pay on behalf of the Company, Loss resulting from a Claim first made during the Policy Period or the Extended Reporting Period against the Insured Persons for Wrongful Acts for which the Company has agreed to or is legally permitted or required by law to indemnify the Insured Persons.

• If a Company Claim does not state the amount of the Company Loss claimed, such omission will not preclude the Company Indemnified Party from recovering from Buyer the amount of the Company Loss with respect to the claim described in such Company Claim if any such amount is subsequently provided in an amended Company Claim.

• After the Closing, the rights set forth in Sections 9.1 and 9.2 will be the exclusive remedy for any Buyer Loss or Company Loss.

More Definitions of Company Loss

Company Loss has the meaning set forth in Section 4(a).

Company Loss means, for each Fiscal Year or other period, an amount equal to the Company's taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately shall be included in taxable income or loss); provided, however, that (a) income exempt from federal income tax shall be treated as taxable income, (b) expenditures described in Section 705(a)(2)(B) of the Code or treated as such expenditures under Treasury Regulation Section 1.704-1(b)(2)(iv)(i) shall be subtracted from taxable income, (c) the difference between the adjusted basis for federal income tax purposes and Asset Value of Company property shall be treated as gain or loss upon the happening of an event described in clause (iii) of the definition of "Asset Value" herein, (d) gain or loss resulting from the disposition of Company property with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Asset Value of such Company property, (e) items specially allocated under Sections 2.3(a), 2.3(b) and 2.3(c), and 4.1(b)(i) and (iii) shall not be taken into account.

Company Loss means damages, judgments (including the award of pre-judgment and post-judgment interest and the award of claimant’s costs) for which the COMPANY is legally liable resulting from a CLAIM and includes settlements entered into with the INSURER’S prior written consent (such consent not to be unreasonably withheld) and includes DEFENCE COSTS. LOSS does not include taxes, fines, penalties, punitive, exemplary, aggravated or multiplied damages, or any CLAIM arising as a result thereof, or any CLAIM deemed uninsurable by law.

Company Loss has the meaning assigned to it in Section 10.2(b) hereof.

Company Loss means any Loss which the Company may suffer, sustain or become subject to, as a result of, in connection with, relating or incidental to or by virtue of any matter set forth in Paragraph 8B(i).

Company Loss means, for each Fiscal Year or other period, an amount equal to the Company's taxable income or loss for such year or period, determined in accordance with (S) 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately shall be included in taxable income or loss); provided, however, that (a) income exempt from federal income tax shall be treated as taxable income, (b) expenditures described in (S) 705(a)(2)(B) of the Code or treated as such expenditures under Treas. Reg. (S) 1.704-1(b)(2)(iv)(i) shall be subtracted from taxable income, (c) the difference between the adjusted basis for federal income tax purposes and Asset Value of Company Property shall be treated as gain or loss upon the happening of an event described in clause (iii) of the definition of "Asset Value" herein, (d) gain or loss resulting from the disposition of Company Property with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Asset Value of such Company Property, and (e) items specially allocated under Sections 10.3(b), 10.3(c) and 10.3(d) shall not be taken into account.

Company Loss means, for each Fiscal Year or other period, an amount equal to the Company’s taxable income or loss for such Fiscal Year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Section 703(a)(l) of the Code shall be included in taxable income or loss), with the following adjustments: