Product Liability Losses definition

Product Liability Losses means, with respect to a Product Liability Claim, (a) amounts paid to the Third Party(ies) bringing such Product Liability Claim to satisfy a judgment in such Product Liability Claim, but excluding punitive damages, or (b) amounts paid to the Third Party(ies) bringing such Product Liability Claim in settlement of such Product Liability Claim. For clarity, Product Liability Losses shall not include Product Liability Defense Costs.
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Product Liability Losses is defined in Section 14.3.
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Product Liability Losses shall have the meaning set forth in Schedule 1.5.
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Examples of Product Liability Losses in a sentence

  • Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov.SUPPLEMENTARY INFORMATION:Title: Product Liability Losses and Accumulations for Product Liability Losses.OMB Number: 1545–0863.Regulation Project Number: TD 8096.Abstract: T.D. 8096 provides final regulations relating to product liability losses and accumulations for the payment of reasonable anticipated product liability losses.

  • Be more effective in the management of flood risk.Create new flood defences where appropriate and improve existing flood risk management assets so that by 2008, 70% are in good condition and no more than 3% are in poor condition.Include sustainable flood risk policies in the RSS and LDF by 2009.

  • Currently, the IRS is soliciting comments concerning an existing final regulation, TD 8096, Product Liability Losses and Accumulations for Product Liability Losses (Section 1.172–13).


More Definitions of Product Liability Losses

Product Liability Losses has the meaning set forth in Exhibit D
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Product Liability Losses means [*].
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Product Liability Losses means any and all liabilities, losses, damages, and expenses that relate to Claims in respect of Product Liability or alleged Product Liability in the Profit Share Territory.
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Product Liability Losses means any and all Losses that relate to Third Party Claims in respect of Product Liability or alleged Product Liability in the Territory.
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Product Liability Losses means any and all Liabilities that relate to Third Party Claims in respect of personal injury or death (or risk of personal injury or death) arising from, relating to or otherwise in respect of, the use or ingestion of, or exposure to, a Collaboration Product, whether based on negligence, strict product liability or any other product liability theory, including any such liability predicated on any alleged or actual Manufacturing, design or formulation defect or failure to warn or any breach of any express or implied warranties, in each case relating to Collaboration Product sold or alleged to have been sold, or Commercialization or Medical Affairs Activities conducted or alleged to have been conducted, in the Licensed Territory. I.33
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Product Liability Losses has the meaning set forth in Section 15.4.
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Product Liability Losses means any and all Losses that relate to Claims in respect of Product Liability or alleged Product Liability, in each case, anywhere in the Territory. 1.98 “Promote” means, with respect to the Product, promotional activities to be conducted by Sales Representatives of a Party in the Major Markets that are set forth in an applicable Commercialization Plan or otherwise approved by the JCC, including the following (as approved by the JCC or set forth in an applicable Commercialization Plan): (a)
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