Common use of No double claims Clause in Contracts

No double claims. (a) The Seller is not liable under a Claim for any Loss that a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim under a Transaction Agreement (other than this agreement) from commencing that Claim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to one or more Seller Group Members nominated by the Seller so as to give full effect to clause 12.7(a).

Appears in 2 contracts

Sources: Share Sale Agreement (Coronado Global Resources Inc.), Share Sale Agreement (Coronado Global Resources Inc.)

No double claims. (a) The Seller is not liable under a Claim for any Loss that a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10Agreement. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 7.9 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim claim under a Transaction Agreement (other than this agreement) from commencing that Claimclaim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to one or more Seller Group Members nominated by the Seller so as to give full effect to clause 12.7(a7.9(a).

Appears in 2 contracts

Sources: Share Sale Agreement, Share Sale Agreement (Homeaway Inc)

No double claims. (a) The Seller is not liable under a Claim for any Loss that a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10Agreement. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 10.5 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim claim under a Transaction Agreement (other than this agreement) from commencing that Claimclaim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to the Seller (or one or more Seller Group Members nominated by the Seller Seller) so as to give full effect to clause 12.7(a10.5(a).

Appears in 1 contract

Sources: Business Sale Agreement (CareDx, Inc.)

No double claims. (a) The Seller Group is not liable under a Claim for any Loss that which a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10Agreement. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 11.9 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim under a Transaction Agreement (other than this agreement) from commencing that Claimclaim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to one or more Seller Group Members nominated by the Seller (as applicable) so as to give full effect to clause 12.7(a11.9(a).

Appears in 1 contract

Sources: Assets Sale Deed (Magellan Petroleum Corp /De/)

No double claims. (a) The Seller is Sellers are not liable under a Claim for any Loss that a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10Agreement. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 9.8 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim claim under a Transaction Agreement (other than this agreement) from commencing that Claimclaim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to one or more Seller Group Members Sellers nominated by the Seller Warrantor so as to give full effect to clause 12.7(a9.8(a).

Appears in 1 contract

Sources: Share Sale Agreement (Providence Service Corp)

No double claims. (a) The Neither the Seller nor the Seller’s Guarantor is not liable able under a Claim for any Loss that a Buyer Group Member or a Target Entity recovers, or is compensated for, under a Transaction Agreement (other than this agreement) or an adjustment in accordance with clause 10Agreement. (b) The Buyer Group Members and the Target Entity may not recover, or be compensated, under any Transaction Agreement more than once for any Loss. (c) This clause 12.7 11.7 does not prevent the Buyer Group Member or Target Entity entitled to make a Claim claim under a Transaction Agreement (other than this agreement) from commencing that Claimclaim. However, if for any reason more than one amount is paid in respect of the same Loss, the Buyer must procure that the additional amount is immediately repaid to one or more Seller Group Members nominated by the Seller so as to give full effect to clause 12.7(a11.7(a).

Appears in 1 contract

Sources: Share Sale Agreement (Acco Brands Corp)