Common use of Loss Otherwise Compensated Clause in Contracts

Loss Otherwise Compensated. The Vendor shall not be liable in respect of any Relevant Claim, any claim under the Tax Deed or an Indemnity Claim to the extent that the subject of the claim has been or is made good or is otherwise compensated for without cost to the Purchaser or the relevant member of the Purchaser’s Group.

Appears in 2 contracts

Samples: Share Purchase Agreement (United Components Inc), Share Purchase Agreement (UCI Holdco, Inc.)

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Loss Otherwise Compensated. The Vendor shall not be liable in respect of any Relevant Claim (other than a Tax Claim, any claim under the Tax Deed or an Indemnity Claim ) to the extent that the subject of the claim has been or is made good or is otherwise compensated for without cost to the Purchaser or the relevant member of the Purchaser’s Group.

Appears in 1 contract

Samples: Confidential Treatment (Seachange International Inc)

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Loss Otherwise Compensated. 1. The Vendor Seller shall not be liable in respect of to the Purchaser for any Relevant Claim, any claim under the Tax Deed or an Indemnity Claim to the extent that the subject of the claim matter giving rise to such Claim has been or is made good or is otherwise compensated for without cost loss to the Purchaser or the relevant member of the that Purchaser’s Group.

Appears in 1 contract

Samples: Agreement (Kosmos Energy Ltd.)

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