Common use of Mitigation of Losses Clause in Contracts

Mitigation of Losses. Each party shall procure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for any claim for breach of or under this Agreement.

Appears in 2 contracts

Samples: Remaining Acquisition Agreement (National Grid PLC), Further Acquisition Agreement (National Grid PLC)

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Mitigation of Losses. Each party The parties shall procure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for in respect of any claim for breach of or under this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kookmin Bank), Share Purchase Agreement (Kookmin Bank)

Mitigation of Losses. Each party Party shall procure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for any claim for breach of or under this AgreementLoss.

Appears in 1 contract

Samples: Share Purchase Agreement (Teladoc, Inc.)

Mitigation of Losses. Each party Party shall procure ensure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for to the other Party in respect of any claim for breach of or under this Agreement.

Appears in 1 contract

Samples: Business Transfer Agreement (Chemtura CORP)

Mitigation of Losses. Each party Party shall procure that all commercially reasonable steps are taken and all commercially reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for in respect of any claim for breach of or under this Agreement.

Appears in 1 contract

Samples: International Share and Business Sale (Albemarle Corp)

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Mitigation of Losses. Each party Party shall procure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses losses which in the absence of mitigation might give rise to a liability for in respect of any claim for breach of or under this Agreement.

Appears in 1 contract

Samples: Framework Agreement

Mitigation of Losses. Each party shall procure that take all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses losses which in are the absence subject matter of mitigation might give rise to a liability for any claim for breach of or an indemnity under this Agreement.

Appears in 1 contract

Samples: Project Agreement

Mitigation of Losses. Each party Party shall procure that all reasonable steps are taken and all reasonable assistance is given to the other parties to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability for in respect of any claim for breach of or under this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Stolt Nielsen S A)

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