Common use of Fraudulent or Negligent Conduct Clause in Contracts

Fraudulent or Negligent Conduct. Paragraph 9.1(ii) of this Schedule does not apply if a Taxation Authority alleges in writing that the Seller or any Group Company has committed an act or is responsible for an omission that constitutes fraudulent or negligent conduct.

Appears in 2 contracts

Samples: Share Purchase Agreement (Caledonia Mining Corp PLC), Agreement for the Sale and Purchase of the Share Capital (Toziyana Trust)

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Fraudulent or Negligent Conduct. Paragraph 9.1(ii) Paragraphs 10.2 and 10.4 of this Schedule does do not apply if a Taxation Authority alleges in writing that any of the Seller Sellers or any Group Company has committed an act or is responsible for an omission that constitutes fraudulent or negligent conduct.

Appears in 2 contracts

Samples: Share Purchase Agreement (Caledonia Mining Corp PLC), Agreement for the Sale and Purchase of the Share Capital (Toziyana Trust)

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