Common use of Recovery for Actual Liabilities Clause in Contracts

Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Claim unless and until the liability for which the Claim is made has become due and payable.

Appears in 3 contracts

Samples: Remaining Acquisition Agreement (National Grid PLC), Share Sale Agreement, Acquisition Agreement (National Grid PLC)

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Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Further Claim unless and until the liability for which the Further Claim is made has become due and payable.

Appears in 1 contract

Samples: Further Acquisition Agreement (National Grid PLC)

Recovery for Actual Liabilities. The No Relevant Seller shall not be liable to pay an amount in discharge of any Claim unless and until the liability for in respect of which the Claim is made has become due and payable.

Appears in 1 contract

Samples: Share Sale Agreement (Wyndham Worldwide Corp)

Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Specific Claim (other than a Tax Claim) unless and until the liability for which the Claim such claim is made has become due and payable.

Appears in 1 contract

Samples: Share Sale Agreement (Amec Foster Wheeler PLC)

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Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Agreement Claim unless and until the liability for which the Agreement Claim is made has become due and payable.

Appears in 1 contract

Samples: Share Purchase Agreement (Cott Corp /Cn/)

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