Common use of Following recovery from the Seller Clause in Contracts

Following recovery from the Seller. If the Seller has paid an amount in discharge of any claim under this Agreement and the Purchaser, a Group Entity or any other member of the Purchaser’s Group subsequently is entitled to recover or does recover (whether by payment, discount, credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Purchaser, the Group Entity or any other member of the Purchaser’s Group (in whole or in part) in respect of the Loss which is the subject matter of the claim, the Purchaser shall either:

Appears in 3 contracts

Samples: Topic    Detail (NXP Semiconductors N.V.), Confidential Treatment (NXP Semiconductors N.V.), Confidential Treatment (Dover Corp)

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Following recovery from the Seller. If the Seller has paid an amount in discharge of any claim under this Agreement and the Purchaser, a Group Entity the Company or any other member of the Purchaser’s Group subsequently is entitled to recover or does recover (whether by payment, discount, credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Purchaser, the Group Entity Company or any other member of the Purchaser’s Group (in whole or in part) in respect of the Loss which is the subject matter of the claim, the Purchaser shall eitherSeller, in its sole discretion, may:

Appears in 1 contract

Samples: Share and Business Sale Agreement (DSP Group Inc /De/)

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