Common use of Limitation on Set-off Clause in Contracts

Limitation on Set-off. Neither Purchaser nor Seller shall have any right to set off any unresolved indemnification claim pursuant to this Article X against any payment due pursuant to Article II.

Appears in 7 contracts

Samples: Asset Purchase Agreement, Acquisition Agreement (Symantec Corp), Acquisition Agreement (Verisign Inc/Ca)

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Limitation on Set-off. Neither Purchaser nor Seller shall have any right to set set-off any unresolved indemnification claim pursuant to this Article X XI against any payment due pursuant to Article IIII (Purchase and Sale) or under any other agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ralcorp Holdings Inc /Mo), Share Purchase Agreement (Sara Lee Corp)

Limitation on Set-off. Neither Purchaser Purchaser, on the one hand, nor Seller shall Group and Seller Parent, on the other, will have any right to set off any unresolved indemnification claim pursuant to this Article X against ARTICLE VIII against, and there will not otherwise be any right to set off in the event of the non-performance of any obligation to make, (a) any payment due pursuant to Article IIthis Agreement, or (b) any payment due under any other Transaction Document.

Appears in 1 contract

Samples: Asset Purchase Agreement (Allscripts Healthcare Solutions, Inc.)

Limitation on Set-off. Neither Purchaser nor Seller, nor any Purchaser Indemnified Person nor any Seller Indemnified Person, shall have any right to set off any unresolved indemnification claim pursuant to this Article X XI against any payment due pursuant to Article II.

Appears in 1 contract

Samples: Acquisition Agreement (Carbo Ceramics Inc)

Limitation on Set-off. Neither Purchaser Buyer nor Seller shall have any right to set off any unresolved indemnification claim pursuant to this Article X XI against any payment due pursuant to Article IIany Ancillary Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hartford Financial Services Group Inc/De)

Limitation on Set-off. Neither Purchaser nor Seller shall Parent will have any right to set off any unresolved indemnification claim pursuant to this Article X against ARTICLE VIII against, and there will not otherwise be any right to set off in the event of the non-performance of any obligation to make, (a) any payment due pursuant to Article IIthis Agreement, or (b) any payment due under any other Transaction Document.

Appears in 1 contract

Samples: Purchase Agreement (Allscripts Healthcare Solutions, Inc.)

Limitation on Set-off. Neither Purchaser nor Seller the Sellers shall have any right to set set-off any unresolved indemnification claim pursuant to this Article X VI against any payment due pursuant to Article I or II.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (StarTek, Inc.)

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Limitation on Set-off. Neither Purchaser Buyer nor Seller shall have any right to set set-off any unresolved indemnification claim pursuant to this Article X VIII against any payment due pursuant to Article II.I.

Appears in 1 contract

Samples: Stock Purchase Agreement (Level 3 Communications Inc)

Limitation on Set-off. Neither Purchaser Buyer nor Seller shall have any right to set off any unresolved indemnification claim pursuant to this Article X XI against any payment due pursuant to Article IIII or Article III or any Ancillary Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hartford Financial Services Group Inc/De)

Limitation on Set-off. Neither Purchaser Buyer nor Seller Sellers shall have any right to set off any unresolved indemnification claim pursuant to this Article X XI against any payment due pursuant to Article IIany Ancillary Agreement.

Appears in 1 contract

Samples: Master Transaction Agreement (Protective Life Insurance Co)

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