Common use of No Double Counting Clause in Contracts

No Double Counting. The Parties intend that the provisions of this Agreement be applied in a manner that prevents any item of refund, credit, offset, abatement, taxes or expenses from being taken into account more than once.

Appears in 6 contracts

Sources: Settlement Agreement, Settlement Agreement (Washington Mutual, Inc), Settlement Agreement

No Double Counting. The Parties intend that the provisions of this Agreement be applied in a manner that prevents any item of refund, credit, offset, abatement, taxes Taxes or expenses expenses, including the calculation of Transaction Expenses, Adjusted SAP Surplus and Adjusted Tangible Net Worth, from being taken into account more than once.

Appears in 1 contract

Sources: Securities Purchase Agreement (Finance of America Companies Inc.)