No Liability for Contingent or Non-Quantifiable Claims Sample Clauses

No Liability for Contingent or Non-Quantifiable Claims. To the extent that any Claim arises by reason of a liability which, at the time such Claim is notified to the Seller under paragraph 4, is contingent only, is not capable of being quantified or is otherwise not due and payable (a “Contingent Liability”): (A) then no member of the Seller Group shall be under any obligation to make any payment in respect of such Claim unless and until such Contingent Liability ceases to be contingent, becomes capable of being quantified or otherwise becomes due and payable (as applicable) (such date being the date on which the Contingent Liability “Crystallises” and “Crystallising” shall be interpreted accordingly); but (B) for the avoidance of doubt, the relevant member of the Purchaser Group may (subject to the other provisions of this Schedule) notify such Claim under paragraph 4 prior to such Contingent Liability Crystallising; and (C) the period for commencing proceedings in respect of such Claim in paragraph 4.2 shall be extended so the period of six months for commencing legal proceedings begins on the date upon which such Contingent Liability Crystallises.
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No Liability for Contingent or Non-Quantifiable Claims. If any breach of the Warranties or claim under the Undertakings arises by reason of some liability of any member of the Baltic Group which, at the time such breach or claim is notified to the Sellers, is contingent only or otherwise not capable of being quantified, then the Sellers shall not be under any obligation to make any payment in respect of such breach or claim unless and until such liability ceases to be contingent or otherwise becomes capable of being quantified, as the case may be.
No Liability for Contingent or Non-Quantifiable Claims. If any breach of the Warranties or claim under the Environmental Deed arises by reason of some liability of any member of the Purchaser's Group or of the Purchaser or of a Group Company which, at the time such breach or claim is notified to GEC, is contingent only or otherwise not capable of being quantified, then GEC shall not be under any obligation to make any payment in respect of such breach or claim unless and until such liability ceases to be contingent or becomes capable of being quantified, as the case may be.
No Liability for Contingent or Non-Quantifiable Claims. If any breach of the Warranties arises by reason of some liability of any member of the Group or the Purchaser which, at the time such breach or claim is notified to the Seller, is contingent only or otherwise not capable of being quantified, then the Seller shall not be under any obligation to make any payment in respect of such breach or claim unless and until such liability ceases to be contingent or becomes capable of being quantified.
No Liability for Contingent or Non-Quantifiable Claims. If any breach of the Warranties or claim under the Undertakings arises by reason of some liability of the Companies which, at the time such breach or claim is notified to the Seller, is contingent only or otherwise not capable of being quantified, then the Seller shall not be under any obligation to make any payment in respect of such breach or claim unless and until such liability ceases to be contingent or becomes capable of being quantified. So long as such claim shall have been notified to the Seller in accordance with paragraph 2.2, as appropriate, then the first proviso to the relevant paragraph 2.2 shall be amended in relation to such claim so as to require that legal proceedings be commenced within six months from the date on which the said liability ceases to be contingent or becomes capable of being quantified, as the case may- be, in order for the liability of the Seller not to determine.
No Liability for Contingent or Non-Quantifiable Claims. If any Claim (other than a Claim in respect of a breach of any of the Tax Warranties) or any claim under sub-clauses 12.4, 12.5, 12.6, or 12.7, shall arise by reason of some liability which at the time that the Claim or claim is notified to the Principal Seller is contingent only or otherwise not capable of being quantified, the Sellers shall not be under any obligation to make any payment to the Purchaser in respect of such Claim or claim until such time as the contingent liability becomes an actual liability and is due and payable, as the case may be.
No Liability for Contingent or Non-Quantifiable Claims. The Seller shall not be under any obligation to make any payment in respect of any liability (other than a Tax Covenant Claim) which is contingent or otherwise not capable of being quantified unless and until such liability ceases to be contingent or becomes capable of being quantified. Nothing in this paragraph 3 shall preclude the giving of notice of a claim which is contingent within the latest time set out in paragraph 2 (Time limits for bringing Claims) of this Schedule.
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No Liability for Contingent or Non-Quantifiable Claims. If any Warranty Claim or other Claim arises by reason of some liability of the Target Company or the Purchaser which, at the time such Warranty Claim is notified to the Seller, is contingent only or otherwise not capable of being quantified, then the Seller will not be under any obligation to make any payment in respect of such breach or claim unless and until such liability ceases to be contingent or becomes capable of being quantified. So long as such Warranty Claim or any other Claim will have been notified to the Seller in accordance with paragraph 2 above, then the time period for commencing the legal proceedings will commence on the date that the contingent liability becomes an actual liability, or the liability is capable of being quantified.
No Liability for Contingent or Non-Quantifiable Claims. If any claim (other than a claim under the Tax Covenant) arises by reason of some liability which, at the time such claim is notified to the relevant Seller or the AMS04 SPV Seller (as the case may be), is contingent only or otherwise not capable of being quantified, then such Seller or the AMS04 SPV Seller (as the case may be) shall not be under any obligation to make any payment in respect of such claim unless and until such liability ceases to be contingent or becomes capable of being quantified. So long as such claim shall have been notified to the relevant Seller or the AMS04 SPV Seller (as the case may be) in accordance with paragraph 3, as appropriate, then the proviso set out at paragraph 3.2(A) shall operate to govern the time limit within which legal proceedings must be commenced in respect thereof.
No Liability for Contingent or Non-Quantifiable Claims. If any Claim arises by reason of some Loss of a Party which, at the time such breach or claim is notified to the other Party, is contingent only or otherwise not capable of being quantified, then the other Party shall not be under any obligation to make any payment in respect of such Claim unless and until such liability ceases to be contingent or becomes capable of being quantified, provided that nothing in this paragraph 9 shall prevent such Party from notifying the other Party of any Claim or commencing Actions in respect thereof as required under paragraph 1.
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