Common use of Subsequent Receipt Clause in Contracts

Subsequent Receipt. If the Buyer reimburses the Seller for Seller Incurred Damages and the Seller subsequently recovers from or is reimbursed by a Third Party (including any insurer or Tax authority), in whole or in part, for matters related to the same subject matter of such Seller Incurred Damages, the Seller will promptly repay to the Buyer the lesser of:

Appears in 4 contracts

Samples: Agreement (Novartis Ag), Purchase and Option Agreement (Novartis Ag), Agreement (Novartis Ag)

AutoNDA by SimpleDocs

Subsequent Receipt. If the Buyer Seller reimburses the Seller Buyer or any of its Affiliates for Seller Buyer Incurred Damages and the Seller Buyer or any of its Affiliates subsequently recovers from or is reimbursed by a Third Party (including any insurer or Tax authority), in whole or in part, for matters related to the same subject matter of such Seller Buyer Incurred Damages, the Seller Buyer will promptly repay to the Buyer Seller the lesser of:

Appears in 2 contracts

Samples: Purchase and Option Agreement (Novartis Ag), Purchase and Option Agreement (Novartis Ag)

AutoNDA by SimpleDocs

Subsequent Receipt. If the Buyer Seller reimburses the Seller Buyer or any Company for Seller Buyer Incurred Damages and the Seller Buyer or any Company subsequently recovers from from, or is reimbursed by by, a Third Party (including any insurer or Tax authority), in whole or in part, for matters related to the same subject matter of such Seller Buyer Incurred Damages, the Seller Buyer will, or will cause the relevant Company to, promptly repay to the Buyer Seller the lesser of:

Appears in 2 contracts

Samples: Agreement (Novartis Ag), Agreement (Novartis Ag)

Time is Money Join Law Insider Premium to draft better contracts faster.