Minimizing Losses Clause Samples

The Minimizing Losses clause requires parties to take reasonable steps to reduce or prevent further damages after a loss or breach occurs. In practice, this means that if one party suffers harm due to the other’s actions, the injured party must act to limit the extent of their losses, such as by seeking alternative suppliers or stopping further expenditures related to the breach. This clause ensures that damages are not unnecessarily increased and allocates responsibility by preventing a party from recovering losses that could have been avoided through reasonable efforts.
Minimizing Losses. Reporting a lost/stolen Card or unauthorized transactions through +1 (▇▇▇) ▇▇▇-▇▇▇▇, logging into the Platform website and/or mobile application or sending an email to ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ to deactivate the Card is the best way to minimize possible losses.
Minimizing Losses. Each party agrees to use all commercially reasonable efforts to minimize all Losses (including Losses that are defined for purposes of Section 9.6 as "Environmental Losses") for which it may seek indemnification from the other party pursuant to this Article 9, and to minimize the amount of such indemnification obligation by reasonably pursuing the maximum possible insurance recovery or recovery from other available sources with respect to such Losses and nothing herein will in any way diminish each party's common law duty to mitigate its Loss. Notwithstanding the foregoing, in no event shall Buyer be required to purchase product liability insurance for products manufactured or sold by Seller prior to the Closing or for any other Excluded German Liability.
Minimizing Losses. Each party agrees to use all commercially reasonable efforts to minimize all damages, losses, deficiencies, costs and expenses for which it may seek indemnification from the other party pursuant to this Article VIII, and to minimize the amount of such indemnification obligation by reasonably pursuing the maximum possible insurance recovery, or recovery from other available sources with respect to such damages, losses, deficiencies, costs and expenses. ARTICLE IX MISCELLANEOUS
Minimizing Losses. 33 ARTICLE IX MISCELLANEOUS......................................................33
Minimizing Losses. Each party agrees to use all commercially reasonable efforts to minimize all Losses for which it may seek indemnification from the other party pursuant to this Section 10, and to minimize the amount of such indemnification obligation by reasonably pursuing the maximum possible insurance recovery or recovery from other available sources with respect to such Losses and nothing herein will in any way diminish each party's common law duty to mitigate its Loss.
Minimizing Losses. Reporting a lost/stolen Loan Card or unauthorized transactions b y calling Synapse at +▇(▇▇▇) ▇▇▇-▇▇▇▇ or sending an email to Synapse ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ to deactivate your Loan Card is the best way to minimize possible losses.
Minimizing Losses. 37 Section 11: Termination..........................................................................................37
Minimizing Losses. The Parties hereby agree that in the Event of Force Majeure, they shall consult with each other and take all reasonable steps to minimize the losses of any Party resulting from such Event of Force Majeure.
Minimizing Losses. Nothing contained in this Agreement shall limit either party's obligation to use commercially reasonable efforts consistent with applicable law to minimize all Losses for which it may seek indemnification from the other party pursuant to this Section 10.
Minimizing Losses. When the power quality descends or there is power failure, the electricity consumer shall conduct rational and practicable measure to diminish the possible losses.