Common use of Contingent Liabilities Clause in Contracts

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 5 contracts

Samples: Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co)

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Contingent Liabilities. The Seller shall not be liable for If any Claim or Tax Warranty Claim in respect of any is based upon a liability which is contingent only, the Seller shall not have any obligation to make a payment in respect thereof unless (and until until) such contingent liability becomes an actual liability and is due and payableceases to be contingent.

Appears in 2 contracts

Samples: Agreement (Laureate Education, Inc.), Sale and Purchase Agreement (Laureate Education, Inc.)

Contingent Liabilities. The Seller shall not be liable for If any Claim or Tax Warranty Claim in respect of any is based upon a liability which is contingent only, the Seller not shall have any obligation to make a payment in respect thereof unless (and until until) such contingent liability becomes an actual liability and is due and payableceases to be contingent.

Appears in 2 contracts

Samples: Version Sale and Purchase Agreement (Laureate Education, Inc.), Sale and Purchase Agreement (Strategic Education, Inc.)

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Further Claim in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Further Acquisition Agreement (National Grid PLC)

Contingent Liabilities. The Seller shall not be liable for any Specific Claim or (other than a Tax Warranty Claim Claim) in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Share Sale Agreement (Amec Foster Wheeler PLC)

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Agreement (ReneSola LTD)

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Share Sale Agreement

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Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any liability which is contingent unless and until such contingent liability becomes an actual liability and is due and payable.. 17

Appears in 1 contract

Samples: Remaining Acquisition Agreement (National Grid PLC)

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any contingent liability which is contingent in relation to any Warranty Claim or Indemnity Claim unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Agreement (Ligand Pharmaceuticals Inc)

Contingent Liabilities. The Seller shall not be liable for any Claim or Tax Warranty Claim in respect of any liability Claim which is contingent unless and until such contingent liability liabilities becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Agreement

Contingent Liabilities. The Seller Sellers shall not be liable for any Claim or Tax Warranty Claim in respect of any contingent liability which is contingent in relation to any Claim unless and until such contingent liability becomes an actual liability and is due and payable.

Appears in 1 contract

Samples: Share Purchase Agreement (Inogen Inc)

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