The first car accident canno… consequentiality synonyms, consequentiality pronunciation, consequentiality translation, English dictionary definition of consequentiality. at 842. 2. important, serious, significant, grave, far-reaching, momentous, weighty, eventful ▪ From a medical standpoint, a week is … When dealing with direct damages, these are paid to a plaintiff to reimburse the individual for something the defendant was responsible for doing but failed to do. 0000002596 00000 n A California Court of Appeals recently followed AIU in holding that certain delay damages were covered, holding that the “delay constitutes a consequential loss (a loss occasioned by the water intrusion) and as such, is part of the damages NAC must pay ‘because of’ property damage.” Well, I was even envying this dumb brute, when the door fell open and there issued forth a shrewd, ruddy, kindly, If A, is the penny sufficient, or may he claim, "We're hunting in couples again, Doctor, you see," said Jones in his, Skimpole to be the drone philosophy, and he thought it a very good philosophy, always supposing the drone to be willing to be on good terms with the bee, which, so far as he knew, the easy fellow always was, if the, The pathos of this deplorable figure, with its innocent vanity and, "The year's only really consequential legislation was the reform of Social Security". 0000000016 00000 n 94 31 One of the most important mechanisms in a contract for allocating risk is the ability to exclude “indirect” and “consequential” loss using exclusion clauses. %%EOF the moves consequential upon this decision, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Consequential and Transitional Provisions Act, Conservacion de la Naturaleza Amazonica del Perú AC. The meaning of “consequential damages,” however, is far from uniform. a consequential figure in the academic community. How to use consequential in a sentence. Collins Thesaurus of the English Language – … 0000004916 00000 n adj. When the terms of a contract's "mutual waiver of consequential damages" clause are being negotiated, the parties involved may not appreciate the differences between consequential and direct damages. See more. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Parties using these terms are inviting a court to interpret them even … Consequential damages, otherwise known as special damages, are damages that can be proven to have occurred because of the failure of one party to meet a contractual obligation, a breach of contract. '�ŝ� Nk�^h[��#y�{"G�%��7Xn��[���n*]����=H�Ō�U���������%�{W^�Ȑ�}�@b����0����|���:�{�?�+���W�� d�>��x���DCh(�Q.`Ӕ@�i ��@A�'���`@�����X]�i���qW��7�=����T�p���+�=A�������Z\t���˰�� s������� ���e`�e`�ke >�. Id. 0000062590 00000 n Did You Know? 2. A firm believer in active legal risk management throughout the life of a project, he advises clients during the negotiation and formation of contracts, throughout the construction of … Recognize that consequential damages that flow from a delay in completion of construction may be may be addressed through liquidated damages terms agreed to by the parties. Consequential definition, following as an effect, result, or outcome; resultant; consequent. 0000016301 00000 n Consequential definition: Consequential means the same as → consequent . <<805CBA4F85021A4E8A22E592DC5AF0CC>]>> This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. 1. adj. 0000077797 00000 n Principal Translations: Inglés: Español: consequential adj adjective: Describes a noun or pronoun--for example, "a tall girl," "an interesting book," "a big house." means any consequential, indirect, special, punitive, economic, incidental or collateral Loss (including, the loss of profits, goodwill, bargain or opportunities; or the loss or corruption of data; or the loss of anticipated savings or business, whether caused by negligence or otherwise and … ... far-reaching, momentous, weighty, eventful From a medical standpoint, a week is usually not a consequential delay. Consequential definition is - of the nature of a secondary result : indirect. In other words, it is an indirect loss. 0000001307 00000 n 0000016497 00000 n Yet some courts follow the Restatement. `! 0000001920 00000 n As is common with many other popular construction … 2. From a legal standpoint, an enforceable contract is present when it is: expressed by a valid offer and acceptance, has … Property insurance typically covers primary damage to a building or structure. 0000001784 00000 n x�b```�G���@���� �9N 9 0000077060 00000 n While a contractor might have an aversion to LDs, at least it is a known amount in the event of a delay as opposed to an unknown and unlimited consequential damages amount, such as in the Perini case. A consequential loss is a loss occurring as the result of a business being unable to function normally due to damage to equipment or property or another peril. Consequential loss In the High Court the judge had invoked the contra proferentem principle of contract interpretation which says that where a term of contract is ambiguous, it should be interpreted against the party which proposed or drafted the contract or clause. 0000077308 00000 n Find more ways to say consequential, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. 2. It was amusing to notice how the. Define consequential. Another word for consequential. Define a particular type of loss that the parties recognize in advance will not be waived, and perhaps set a maximum limit on such loss. William R. Mauck, Jr. is an experienced commercial litigator specializing in representing clients in the construction industry. (resulting) consiguiente adj mf adjetivo de una sola terminación: Adjetivos de una sola … It makes little sense to have them also define the boundary between direct and consequential damages. Rather the clause had a wider meaning of financial losses caused by guaranteed defects above and … 0000002387 00000 n 0000004025 00000 n 0000063677 00000 n Consequential delays to thrombolytic therapy, percutaneous coronary intervention, antibiotic administration, asthma treatment, and analgesic administration have all been associated with ED crowding and place under triaged patients at undue risk. 0000001509 00000 n Judge Posner, for example, purported to distinguish between direct and consequential damages, “the … 0000004418 00000 n The arbitrator will not award attorney’s fees, or punitive, incidental, consequential, treble or other multiple or exemplary damages, and the parties hereby agree to waive and not seek such damages. Consequential and liquidated damages should be mutually exclusive. trailer [10] But parties keep on using terms like “consequential or special damages,” and it can be a problem both for the party who believes the terms mean more than they do, as well as for the party who believes the terms mean less than they do. Collins Thesaurus of the English Language – Complete and Unabridged 2nd … Define Consequential Loss of a party. Consequential Damages (CD’s) Consequential damages occur when the Contractor breaches a contract and is liable for all foreseeable losses incurred by the Owner. Consequential damages are also known as special damages, and are damages that are not a direct result of an incident itself, but are instead consequences of that incident. 0000062841 00000 n 0000036588 00000 n 0000001639 00000 n 0 Find another word for consequential. A consequential loss policy or clause will compensate the owner for this lost business income. From a medical standpoint, a week is usually not a consequential delay. The waiver in the AIA A201 general conditions provides a good model, as it lists the owner’s loss of use and lost rent as damages that are … limit contractors’ damages for delay or to waive either or both the owners’ and contractors’ consequential damages—which often [but not necessarily] are schedule-related—or by attempting to quantify them in advance through the use of liquidated-damages clauses. consequential damages that are recoverable and those that are not. Two good starting points are the definition in section 715 of the Uniform Commercial Code, and the American Institute of Architects’ definition in … 2. The failure resulted in a breach of contract. Meaning liquidated damages should replace consequential damages, rather than supplement them. The phrase “consequential or special losses, damages or expenses” did not mean those losses coming within the second limb (arising from special circumstances known at the time the contract was entered into). Additionally, liquidated damages should generally be preferred because the contractor can, at the very least, be aware of the extent of their … Most times there is a lot of money at stake in the form of delay damages. startxref Sometimes these arguments make sense; sometimes they don’t. Consequential damages to common areas and unit owners’ property in a condominium complex that result from a subcontractor’s defective work constitute both “property damage” and an “occurrence” pursuant to the plain meaning interpretation of the terms as defined in the Insurance Services Office, Inc.’s 1986 … It is typically on a party’s list of most important clauses that may require approvals at board level if certain requirements are not met. xref consequential - Translation to Spanish, pronunciation, and forum discussions. "He's a proud, haughty, consequential, turned-up-nosed peacock". 0000001385 00000 n 0000000916 00000 n https://www.thefreedictionary.com/consequential, The subjection in which his father had brought him up had given him originally great humility of manner; but it was now a good deal counteracted by the self-conceit of a weak head, living in retirement, and the, He only remembered his face as he remembered all the faces he had ever seen; but he remembered, too, that it was one of the faces laid by in his memory in the immense class of the falsely, On summing up the considerations stated in this and the last paper, they seem to amount to the most convincing evidence, that the powers proposed to be lodged in the federal government are as little formidable to those reserved to the individual States, as they are indispensably necessary to accomplish the purposes of the Union; and that all those alarms which have been sounded, of a meditated and, Catherine was the immediate object of his gallantry; and, while they waited in the lobby for a chair, he prevented the inquiry which had travelled from her heart almost to the tip of her tongue, by asking, in a, 'No matter--you MUST come; I shall allow of no excuses,' replied the, If we are pretty quick in catching our men, we are not so quick in condemning them." %PDF-1.6 %���� liable in respect of: Loss of profits, delay or any consequential loss. 0000005159 00000 n The additiona… Define consequentiality. Finally, prime and subcontractors seeking to limit their exposure to an owner’s delay costs by negotiating a waiver of consequential damages should identify the costs that are being released. 1. resulting, subsequent, successive, ensuing, indirect, consequent, resultant, sequential, following ▪ The company disclaims any liability for incidental or consequential damages. consequential synonyms, consequential pronunciation, consequential translation, English dictionary definition of consequential. 0000096470 00000 n 0000016047 00000 n ... eventful From a medical standpoint, a week is usually not a consequential delay. Consequential loss (also known as indirect loss) arises from a special circumstance of the case, not in the usual course of things.It is recoverable only if the paying party knew or should have known of that circumstance when it made the contract, under the second limb of the rule in Hadley v Baxendale [1854] EWHC Exch J70.By definition, therefore, consequential … 0000016794 00000 n This type of insurance is also called business interruption or business income insurance. 41 synonyms of consequential from the Merriam-Webster Thesaurus, plus 104 related words, definitions, and antonyms. Notwithstanding this importance, parties are not always clear on what kind of losses the terms “indirect” and “consequential” loss ca… Stake in the form of delay damages the most important mechanisms in a contract for risk! Words, it is an indirect loss Language – Complete and Unabridged 2nd … Id,... 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