Common use of No Cross-Claims or Third-Party Claims Clause in Contracts

No Cross-Claims or Third-Party Claims. Each of Autoliv and Veoneer agrees that it shall not, and shall not permit the members of its respective Group to, in connection with any Third Party Claim, assert as a counterclaim or third party claim against any member of the Veoneer Group or Autoliv Group, respectively, any claim (whether sounding in contract, tort or otherwise) that arises out of or relates to this Agreement, any breach or alleged breach hereof, the transactions contemplated hereby (including all actions taken in furtherance of the transactions contemplated hereby on or prior to the date hereof), or the construction, interpretation, enforceability or validity hereof, which in each such case shall be asserted only as contemplated by Article IV.

Appears in 2 contracts

Samples: Distribution Agreement (Autoliv Inc), Distribution Agreement (Veoneer, Inc.)

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No Cross-Claims or Third-Party Claims. Each of Autoliv and Veoneer agrees that it shall not, and shall not permit the members of its respective Group to, in connection with any Third Party Claim, assert as a counterclaim or third third-party claim against any member of the Veoneer Group or Autoliv Group, respectively, any claim (whether sounding in contract, tort or otherwise) that arises out of or relates to this Agreement, any breach or alleged breach hereof, the transactions contemplated hereby (including all actions taken in furtherance of the transactions contemplated hereby on or prior to the date hereof), or the construction, interpretation, enforceability or validity hereof, which in each such case shall be asserted only as contemplated by Article IV.

Appears in 2 contracts

Samples: Distribution Agreement (Autoliv Inc), Distribution Agreement (Veoneer, Inc.)

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