Common use of Net Financial Benefit Clause in Contracts

Net Financial Benefit. The Seller shall not be liable for any Claim in respect of any Losses suffered by the Purchaser or any Group Company if and to the extent that a member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising from such Losses or the facts giving rise to such Losses (for example where the amount (if any) by which any Taxation for which any member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 4 contracts

Samples: Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co), Brinks Co

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Net Financial Benefit. The No Seller shall not be liable for any Claim in respect of any Losses losses suffered by the Purchaser or any Group the Company if and to the extent that a member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising from such Losses losses or the facts giving rise to such Losses losses (for example where the amount (if any) by which any Taxation for which any member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Agreement (Startek, Inc.)

Net Financial Benefit. The Seller shall not be liable for any Claim under this Agreement in respect of any Losses suffered claims to the extent of any corresponding savings realized by the or quantifiable net financial benefit realized to Purchaser or any Group Company if and to the extent that a other member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising from in respect of such Losses or the facts giving rise to such Losses (for example example, without limitation, where the amount (if any) by which any Taxation for which Purchaser or any other member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually or will actually be reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Share Purchase Agreement (Schering Plough Corp)

Net Financial Benefit. The Seller Sellers shall not be liable for any Claim claim under this Agreement (other than a Tax Claim) in respect of any Losses suffered by the Purchaser or any a Group Company if and to the extent that a of any corresponding savings by or net quantifiable financial benefit to any member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising directly from such Losses or the facts giving rise to such Losses (for example where the amount (if any) by which any Taxation for which any member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Share Purchase Agreement (PPL Corp)

Net Financial Benefit. The Seller shall not be liable for any Claim in respect of any Losses suffered by the Purchaser or any of the PMD Group Company if and Companies to the extent that a member of the Purchaser’s Group receives any corresponding savings realised or quantifiable net quantifiable financial benefit received by the Purchaser or any PMD Group Company arising from such Losses or the facts giving rise to such Losses (for example example, without limitation, where the amount (if any) by which any Taxation for which the Purchaser or any member of the Purchaser’s PMD Group Company would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Agreement (Buhrmann Nv)

Net Financial Benefit. The Seller shall not be liable for to satisfy any Claim in respect of any Losses suffered by the Purchaser or any Group Company if and to the extent that a member of the Purchaser’s Group receives any corresponding savings saving by or net quantifiable financial benefit to the Purchaser or any member of the Purchaser Group arising from such Losses or the facts matter(s) giving rise to such Losses (for example where Claim, including the amount (if any) by which any Taxation tax for which the Purchaser or any member of the Purchaser’s Purchaser Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter matter(s) giving rise to such liability)the Claim.

Appears in 1 contract

Samples: Anturie Beteiligungsverwaltungs GMBH (Aes Corp)

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Net Financial Benefit. The Seller shall not be liable for any Claim in respect of any Losses suffered by the Purchaser or any G4Si Group Company if and to the extent that a member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising from such Losses or the facts giving rise to such Losses (for example where the amount (if any) by which any Taxation for which any member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Share Purchase Agreement (Brinks Co)

Net Financial Benefit. The Seller shall not be liable for any Claim under this Agreement or the Tax Indemnity in respect of any Losses (including any Environmental Losses) suffered by the Purchaser or any of the Group Company if and Companies to the extent that a member of the Purchaser’s Group receives any corresponding savings by or net quantifiable financial benefit to the Purchaser or any Group Company arising from such Losses or the facts giving rise to such Losses (for example example, without limitation, where the amount (if any) by which any Taxation for which the Purchaser or any member of the Purchaser’s Group Company would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: International Share Sale Agreement (Cooper Companies Inc)

Net Financial Benefit. The Seller shall not be liable for any Claim in respect of any Losses suffered by the Purchaser or any Group the Company if and to the extent that a of any corresponding savings by or net quantifiable financial benefit to any member of the Purchaser’s Group receives any corresponding savings or net quantifiable financial benefit arising from such Losses or the facts giving rise to such Losses (for example where the amount (if any) by which any Taxation for which any member of the Purchaser’s Group would otherwise have been accountable or liable to be assessed is actually reduced or extinguished as a result of the matter giving rise to such liability).

Appears in 1 contract

Samples: Share Sale Agreement

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