Examples of Buyer Loss in a sentence
A Buyer Indemnified Party shall not be entitled to recover more than once for the same Buyer Loss.
Each Party hereto shall take all reasonable steps to mitigate its damages (i.e., the Buyer Loss or the Seller Loss, as the case may be) upon and after becoming aware of any event which could reasonably be expected to give rise to any damages.
Such written notice shall state in reasonable detail the factual basis for such claim to the extent then known by the Indemnified Party and the nature of the Buyer Loss or Seller Loss for which indemnification is sought, and it may state the amount of the Buyer Loss or Seller Loss claimed.
Notwithstanding the foregoing, the Shareholders (other than Vinyl) the Optionholders and H.I.G. Cayman shall not have an obligation to indemnify buyer for a Buyer Loss arising in connection with Section 9.02(a)(iii) or the Company's breach of the representations and warranties set forth in Section 4.05 to the extent Buyer has been compensated for such Buyer Loss pursuant to Section 1.06.
Effective as of the Closing, Seller hereby waives and releases any and all rights that Seller may have under this Agreement or otherwise (including pursuant to the Organizational Documents of any Company) for contribution or reimbursement from any Company for any action taken or not taken by Seller or such Company at or prior to the Closing with respect to any matter that gives rise to a Buyer Loss for which a Seller Liability Determination is made pursuant to this Article VIII.