No duplication of liability. The Buyer agrees for itself and on behalf of every Group Company with the Seller that the Seller shall not be liable under a Relevant Claim to the extent that the loss that is the subject of the Relevant Claim has already been fully recovered by the Buyer or a Group Company in respect of another Relevant Claim.
No duplication of liability. The Purchaser and the Company hereby agree with the Vendors that, in respect of any matter which may give rise to a liability under this Agreement:
No duplication of liability. 7.1 The Purchaser hereby agrees with the Vendor that the Vendor shall not be liable more than once in respect of the same fact, matter or circumstance.
No duplication of liability. 4.1 The Buyer agrees (for itself and on behalf of the Company) with the Seller that in respect of any matter which may give rise to a liability under this Agreement (including a Relevant Claim):
(a) no such liability shall be met more than once; and
(b) any liability with respect to such matter to make payment to any member of the Buyer’s Group or any Group Company shall be deemed to be satisfied by payment made in respect of that liability to any other of them (without prejudice to any liability which it may have with respect to such matter to such other member of the Buyer’s Group or any Group Company).
No duplication of liability. 4.1 The Buyer agrees (for itself and on behalf of every Group Company) with the Seller that in respect of any matter which may give rise to a liability under this Agreement (including a Relevant Claim) or a claim under the Taxation Deed:
(a) no such liability shall be met more than once;
(b) to the extent that such liability is satisfied by way of a claim under any Seller’s Warranty, an amount payable under the Taxation Deed in respect of the same matter is reduced accordingly, and vice versa; and
(c) any liability with respect to such matter to make payment to any member of the Buyer’s Group or any Group Company shall be deemed to be satisfied by payment made in respect of that liability to any other of them (without prejudice to any liability which it may have with respect to such matter to such other member of the Buyer’s Group or Group Company).
No duplication of liability. Neither the Buyer nor any member of the Buyer’s Group shall be entitled to recover damages in respect of any Claim or otherwise obtain reimbursement or restitution more than once in respect of the same loss.
No duplication of liability. 3.1 In respect of any matter which may give rise to a claim, no such liability shall be met more than once. 1 GeoPark Argentina Limited (Sucursal Argentina) and Xxxxx X. Park are parties to certain guaranty or surety agreements whereby the relevant guarantor agreed to be jointly and severally liable with the relevant lessee vis a vis lessor for the payment of the monthly leases, as well as for any damages caused to the leased properties, as follows; Xxxxx X. Park GeoPark Argentina Branch Xxxxx X. Park´s apartment 1800+VAT+utilities GeoPark Argentina Branch Xxxxx X. Park Buenos Aires Office 1750+VAT+utilities GeoPark Argentina Branch Xxxxx X. Park Buenos Aires Office 1700+VAT+utilities GeoPark Argentina Branch Xxxxx X. Park Apartment for employees of the Branch 1200+VAT+utilities
No duplication of liability. 9.1 The Purchaser hereby agrees with the Vendors that, in respect of any matter which may give rise to a liability under this Agreement, including, for the avoidance of doubt under, the Warranties or under the Taxation Covenant:
9.1.1 such liability shall not be satisfied more than once;
9.1.2 any liability with respect to such matter to either of the Purchaser or the Company shall be deemed to be satisfied by the satisfaction of such liability to either of them, and the Purchaser hereby undertakes to the Vendors to procure the observance by the Company of the terms of this paragraph 9.
No duplication of liability. 9.1 The Purchaser hereby agrees with the Vendor that, in respect of any matter which may give rise to a liability under this Agreement (including the Warranties) and also under the Taxation Deed:
(a) such liability shall not be met more than once; and
(b) any liability with respect to such matter under the Taxation Deed shall be deemed to be satisfied by the satisfaction of the liability with respect to such matter under this Agreement and vice versa.
No duplication of liability. 4.1 The Buyer agrees for itself and on behalf of every Group Company with the Seller in respect of any claim under an Implementation Document:
(a) it shall not be entitled to recover damages or obtain payment for reimbursement, resolution or indemnity more than once in respect of any one loss or set of circumstances which give rise to more than one claim under this Agreement or the Taxation Deed;
(b) to the extent that such liability is satisfied by way of a claim under this Agreement, an amount payable under the Taxation Deed in respect of the same matter is reduced accordingly, and vice versa; and
(c) such liability shall be determined net of any reserves, liability accruals or other provisions properly made in the Accounts.
