Common use of No Duplication of Remedies Clause in Contracts

No Duplication of Remedies. In no event shall either Party be entitled to duplicate compensation with respect to any Claim or any breach of representation, warranty or agreement herein asserted under the terms of this Agreement, even though such Claim or breach may be addressed by more than one provision of this Agreement. Non-Environmental Claims and Environmental Claims are excluded from the expenses described in Sections 6.2 and 6.8, and the revenues described in Section 6.7. Payments for Claims under this Article 8 shall not affect the allocation of such expenses or revenues between the Parties, and the allocation of such expenses and revenues between the Parties shall not affect payments for Claims under this Article 8. For the avoidance of doubt, Buyer’s Claims for indemnification under this Agreement are limited to the portion of any Claim properly attributable to Seller’s ownership interest in the Property giving rise to such a Claim.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

AutoNDA by SimpleDocs

No Duplication of Remedies. In no event shall either Party be entitled to duplicate compensation with respect to any Claim or any breach of representation, warranty or agreement herein asserted under the terms of this Agreement, even though such Claim or breach may be addressed by more than one provision of this Agreement. Non-Environmental Claims and Environmental Claims are excluded from the expenses described in Sections 6.2 and 6.8, and the revenues described in Section 6.7. Payments for Claims under this Article 8 VIII shall not affect the allocation of such expenses or revenues between the Parties, and the allocation of such expenses and revenues between the Parties shall not affect payments for Claims under this Article 8. For the avoidance of doubt, Buyer’s Claims for indemnification under this Agreement are limited to the portion of any Claim properly attributable to Seller’s ownership interest in the Property giving rise to such a ClaimVIII.

Appears in 1 contract

Samples: Gathering and Processing Agreement (Eagle Rock Energy Partners L P)

No Duplication of Remedies. In no event shall either Party be entitled to duplicate compensation with respect to any Claim or any breach of representation, warranty or agreement herein asserted under the terms of this Agreement, even though such Claim or breach may be addressed by more than one provision of this Agreement. Non-Environmental Claims and Environmental Claims are excluded from the expenses described in Sections 6.2 and 6.8, and the revenues described in Section 6.7. Payments for Claims under this Article 8 shall not affect the allocation of such expenses or revenues between the Parties, and the allocation of such expenses and revenues between the Parties shall not affect payments for Claims under this Article 8. For the avoidance of doubt, BuyerXxxxx’s Claims for indemnification under this Agreement are limited to the portion of any Claim properly attributable to Seller’s ownership interest in the Property giving rise to such a Claim.

Appears in 1 contract

Samples: Purchase and Sale Agreement

No Duplication of Remedies. In no event shall either Party be entitled to duplicate compensation with respect to any Claim or any breach of representation, warranty or agreement herein asserted under the terms of this Agreement, even though such Claim or breach may be addressed by more than one provision of this Agreement. Non-Environmental Claims and Environmental Claims are excluded from the expenses described in Sections 6.2 and 6.8, and the revenues described in Section 6.7. Payments for Claims under this Article 8 VIII shall not affect the allocation of such expenses or revenues between the Parties, and the allocation of such expenses and revenues between the Parties shall not affect payments for Claims under this Article 8VIII. For the avoidance of doubt, BuyerPurchaser’s Claims for indemnification under this Agreement are limited to the portion of any Claim properly attributable to Seller’s ownership interest in the Property giving rise to such a Claim.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

AutoNDA by SimpleDocs

No Duplication of Remedies. In no event shall either Party be entitled to duplicate compensation with respect to any Claim or claim for any breach of representation, warranty or agreement herein asserted under the terms of this Agreement, even though such Claim or claim for breach may be addressed by more than one provision of this Agreement. Non-Environmental Claims and Environmental Claims are excluded from Charges, which are adjusted between the expenses described Parties in Sections 6.2 and 6.8, and accordance with the revenues described in Section 6.7terms of Article 6. Payments for Claims claims under this Article 8 shall not affect the allocation allocations of such expenses or revenues between the Parties, Charges and the allocation Operating Revenues under Article 6 and allocations of such expenses Charges and revenues between the Parties Operating Revenues under Article 6 shall not affect payments for Claims claims under this Article 8. For the avoidance of doubt, Buyer’s Claims claims for indemnification under this Agreement are limited to the portion of any Claim properly attributable to Seller’s ownership interest in the Property asset giving rise to such a Claimclaim.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Stone Energy Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.