MITIGATION AND RESCISSION. 1.1 The Purchaser shall, and shall procure that the Company shall, take all reasonable steps to avoid or mitigate any loss or liability which may give rise to a Relevant Claim. 1.2 The Purchaser agrees that rescission shall not be available as a remedy for any breach of this agreement and agrees not to claim that remedy.
Appears in 4 contracts
Samples: Share Purchase Agreement, Agreement for Sale and Purchase of Shares (Volitionrx LTD), Agreement for Sale and Purchase of Shares (Volitionrx LTD)
MITIGATION AND RESCISSION. 1.1 2.1 The Purchaser shall, and shall procure that the each Group Company shall, take all reasonable steps to avoid or mitigate any loss or liability which may give rise to a Relevant ClaimClaim provided that such obligation shall not require the Purchaser or any Group Company to take any steps that would be detrimental to their business or their customers, suppliers or employees.
1.2 2.2 The Purchaser agrees that rescission shall not be available as a remedy for any breach of this agreement and agrees not to claim that remedy.
Appears in 2 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (RigNet, Inc.)
