Common use of ACCEPTANCE OF LIABILITY Clause in Contracts

ACCEPTANCE OF LIABILITY. In the event that the Seller admits that it has any liability to the Purchaser under the Indemnity (or where the Seller agrees to accept the Purchaser's claim as falling within the Indemnity notwithstanding the fact that no Environmental Liability may at that point in time have arisen):

Appears in 3 contracts

Samples: Share Sale and Purchase Agreement (Nl Industries Inc), Share Sale and Purchase Agreement (Nl Industries Inc), Sale and Purchase Agreement (Nl Industries Inc)

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ACCEPTANCE OF LIABILITY. In the event that the Seller admits that it has any liability to the Purchaser under the Indemnity relating to clean up (or where the Seller agrees to accept the Purchaser's claim as falling within the Indemnity notwithstanding the fact that no Environmental Liability may at that point in time have arisen):

Appears in 1 contract

Samples: Conformed Copy (Terra Industries Inc)

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