Specs/Size/Design. The Merax 21 Speed 700c Aluminum Racing Road Bike is an entry level road racer that is built for speed and for anyone who wants a nice, decent bike on a budget. With a price tag of less than $200, this is an excellent alternative to road bikes that can cost from $500 to $3,500.
waiver of consequential damages in its contract with the Sands. Contrac-tual waivers of consequential damages have become widespread throughout the construction industry. Indeed, since 1997, the American Institute of Archi-tects has included a mutual waiver of consequential damages in its standard General Conditions for Construction. Many courts and arbitration panels have dismissed lawsuits without hold-ing a trial based on the presence of a consequential damages waiver. These courts and panels generally ï¬ nd that classiï¬ cation of damages is a legal issue for the courts, and a trial is un-
DEFINITION of 'Consequential Loss'. The amount of loss incurred as a result of being unable to use business property or equipment. If the property/equipment is damaged through a natural disaster or accident, only certain types of insurance can cover the owner for lost business income.Consequential loss is considered an indirect loss (as compared to losses from the direct damage).Direct damages would be covered under different types of insurance, such as property/casual or fire insurance, but the firm still incurs the costs of lost operations.nsurance to compensate for consequential losses can also cover situations where no direct damage is done to property, but loss of revenue occurs because of things like a power outage or breach of contract from a supplier or business partner. RELATED TERMS.