Actual Loss. No payment shall be due from the Sellers in respect of a Proven Claim until actual loss in relation to the Warranty Claim has been suffered by the Purchaser or the Company (as the case may be) as a consequence of the matter which is the subject of the Warranty Claim.
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Sources: Share Sale Agreement (Loton, Corp)
Actual Loss. No payment shall be due from the Sellers Seller in respect of a Proven Claim until actual loss in relation to the Warranty Claim has been suffered by the Purchaser or the Company (as the case may be) as a consequence of the matter which is the subject of the Warranty Claim.
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