Common use of Notification of Potential Claims Clause in Contracts

Notification of Potential Claims. Without prejudice to the obligations of the Purchaser under Clause 11.2, if the Purchaser or any Group Company becomes aware of any fact, matter or circumstance that may give rise to a Claim or Tax Claim, the Purchaser shall as soon as reasonably practicable and in any event no later than 60 days after the date the Purchaser becomes aware of such fact, matter or circumstance, give a notice in writing to the Seller setting out such information as is available to the Purchaser or relevant Group Company. Failure to give notice within such period shall SPA 2 not affect the rights of the Purchaser except to the extent that the Seller is prejudiced by the failure.

Appears in 2 contracts

Samples: Brinks Co, Brinks Co

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Notification of Potential Claims. Without prejudice to the obligations of the Purchaser under Clause 11.2, if the Purchaser or any Group Company becomes aware of any fact, matter or circumstance that may give rise to a Claim or Tax Claim, the Purchaser shall as soon as reasonably practicable and in any event no later than 60 days after the date the Purchaser becomes aware of such fact, matter or circumstance, give a notice in writing to the Seller setting out such information as is available to the Purchaser or relevant Group Company. Failure to give notice within such period shall SPA 2 not affect the rights of the Purchaser except to the extent that the Seller is prejudiced by the failure.

Appears in 2 contracts

Samples: Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co)

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Notification of Potential Claims. Without prejudice to the obligations of the Purchaser under Clause 11.212.2, if the Purchaser or any Group Company becomes aware of any fact, matter or circumstance that may give rise to a Claim (ignoring for these purposes the application of paragraph 1 of Schedule 7 or paragraph 2 of Schedule 7) (other than a Tax Claim), the Purchaser shall as soon as reasonably practicable practicable, and in any event no later than 60 days after the date the Purchaser becomes aware of such fact, matter or circumstancewithin 10 Business Days, give a notice in writing to the Seller setting out such information as is available to the Purchaser or relevant Group CompanyCompany in reasonable detail. Failure to give notice within such period shall SPA 2 not affect the rights of the Purchaser except to the extent that the Seller is prejudiced by the failure.

Appears in 1 contract

Samples: Share Sale Agreement (Amec Foster Wheeler PLC)

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