Common use of Prior to recovery from the Seller Clause in Contracts

Prior to recovery from the Seller. If, before the Seller pays an amount in discharge of any claim under this Agreement, the Purchaser, a Group Entity or any other member of the Purchaser’s Group recovers or is entitled to recover (whether by payment, discount, credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Purchaser, the Group Entities or any other member of the Purchaser’s Group (in whole or in part) in respect of the Loss which is the subject matter of the claim, the Purchaser shall either:

Appears in 3 contracts

Samples: Topic    Detail (NXP Semiconductors N.V.), Confidential Treatment (NXP Semiconductors N.V.), Confidential Treatment (Dover Corp)

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Prior to recovery from the Seller. If, before the Seller pays an amount in discharge of any claim under this Agreement, the Purchaser, a Group Entity the Company or any other member of the Purchaser’s Group recovers or is entitled to recover (whether by payment, discount, credit, relief, insurance or otherwise) from a third party a sum which indemnifies or compensates the Purchaser, the Group Entities Company or any other member of the Purchaser’s Group (in whole or in part) in respect of the Loss which is the subject matter of the claim, the Purchaser shall eitherSeller, in its sole discretion, may:

Appears in 1 contract

Samples: Share and Business Sale Agreement (DSP Group Inc /De/)

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