Common use of VOLUNTARY ACTS AND OMISSIONS Clause in Contracts

VOLUNTARY ACTS AND OMISSIONS. No liability shall attach to the Sellers in respect of any Claim to the extent that such Claim would not have arisen but for an omission or a voluntary act (other than an omission or act carried out pursuant to a legally binding obligation created on or before Completion or as a consequence of entering into this Agreement) of any member of the Purchaser’s Group occurring after Completion.

Appears in 1 contract

Samples: Borders Group Inc

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VOLUNTARY ACTS AND OMISSIONS. No liability shall attach to the Sellers Seller in respect of any Claim claim to the extent that such Claim claim would not have arisen but for an omission or a voluntary act (other than an omission or act carried out pursuant to a legally binding obligation created on or before Completion or as a consequence of entering into this AgreementCompletion) of any member of the Purchaser’s Group occurring after CompletionCompletion and the relevant member of the 41 Purchaser’s Group was actually aware that such act or omission or voluntary act would cause such a claim to arise.

Appears in 1 contract

Samples: Sale and Purchase Agreement

VOLUNTARY ACTS AND OMISSIONS. No liability shall attach to the Sellers Vendor in respect of any Claim to the extent that such Claim would not have arisen but for an omission or a voluntary act (other than an omission or act carried out pursuant to a legally binding obligation created on or before the Completion or as a consequence of entering into this AgreementDate) of the Company (or any member of the Purchaser’s 's Group occurring after Completion.carrying on the business of the Company in succession thereto) outside the ordinary course of such business in circumstances such that, when such action was taken:

Appears in 1 contract

Samples: Escrow Agreement (Harvest Natural Resources Inc)

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VOLUNTARY ACTS AND OMISSIONS. No liability shall attach to the Sellers Seller in respect of any Claim claim if and to the extent that such Claim the claim would not have arisen but for an act or omission of the Purchaser or a voluntary act any Target Group Company or any member of the Purchaser Group carrying on the business of any Target Group Company in succession thereto after Completion (other than an omission or act carried out pursuant to a legally binding obligation created on or before Completion or as a consequence of entering into this Agreement) of any member of the Purchaser’s Group occurring after Completion).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Scansource, Inc.)

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