Common use of RECOVERY FROM OTHER PERSONS Clause in Contracts

RECOVERY FROM OTHER PERSONS. 11.1 If the Company recovers from any other person (including any Taxation Authority but excluding the Purchaser, any other member of the same group of companies as the Purchaser and any officer or employee of any such company) any amount which is referable to a Liability to Taxation or other liability of the Company in respect of which the Vendor has made a payment under paragraph 2, the Purchaser will repay to the Vendor the lesser of:

Appears in 2 contracts

Samples: Agreement (Via Net Works Inc), Agreement (Via Net Works Inc)

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RECOVERY FROM OTHER PERSONS. 11.1 7.1 If the Buyer or the Company recovers from any other person (including any Taxation Authority but excluding the PurchaserBuyer, any other member of the same group of companies as the Purchaser Buyer and any officer or employee of any such company) any amount which is referable to a Liability to Taxation or other liability of the Company in respect of which the Vendor Seller has made or is liable to make a payment under paragraph 2, the Purchaser will repay to the Vendor the lesser of:that amount shall be dealt with in accordance with paragraph 7.3.

Appears in 1 contract

Samples: Southern Graphic Systems, Inc.

RECOVERY FROM OTHER PERSONS. 11.1 9.1 If the Company recovers from any other person (including any Taxation Authority but excluding the Purchaser, any other member of the same group of companies as the Purchaser and any officer or employee of any such company) any amount which is referable to a Liability to Taxation or other liability of the Company in respect of which the Vendor has made a payment under paragraph 2, the Purchaser will repay to the Vendor the lesser of:

Appears in 1 contract

Samples: Diametrics Medical Inc

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RECOVERY FROM OTHER PERSONS. 11.1 10.1 If the Company or the Purchaser recovers from any other person (including any Taxation Authority but excluding the Purchaser, any other member of the same group of companies as the Purchaser and any officer or employee of any such companyAuthority) any amount which is referable to a Liability to Taxation or other liability of the Company in respect of which the Vendor has made a payment under paragraph CLAUSE 2, the Purchaser will repay to the Vendor the lesser of:

Appears in 1 contract

Samples: Dated 22 November (Transworld Healthcare Inc)

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