Contingent Claims. Nothing herein shall be deemed to prevent an Indemnitee from making a claim hereunder for potential or contingent claims or demands; provided that the Notice of Claim sets forth the specific basis for any such contingent claim to the extent then feasible and the Indemnitee has reasonable grounds to believe that such a claim may be made.
Contingent Claims. Nothing herein shall be deemed to prevent an Indemnified Party from making a claim hereunder for potential or contingent claims or demands provided the Claim Notice sets forth the specific basis for any such potential or contingent claim to the extent then feasible and the Indemnified Party has reasonable grounds to believe that such a claim or demand may be made.
Contingent Claims. Nothing herein shall be deemed to prevent an Indemnified Person from making a claim hereunder for potential or contingent claims or demands (a "Contingent Claim") provided the Claim Notice sets forth the specific basis for any such Contingent Claim to the extent then feasible and the Indemnified Person has reasonable grounds to believe that such a claim may be made.
Contingent Claims. 5.1 The Sellers shall be under no liability in respect of any claim under the Sellers' Warranties which is based upon a liability which is contingent only or otherwise not capable of being quantified (a "Contingent Claim") unless and until such liability becomes an actual liability or becomes capable of being quantified.
Contingent Claims. Where the Buyer serves a notice in accordance with paragraph 3 of schedule 9 with respect to a Non-Tax Claim arising in connection with a contingent liability of the Buyer or a Target Group Company, a Seller will not be liable to make any payment in respect of that Non-Tax Claim unless the Buyer or the Target Group Company has become finally liable to make payment in respect of the contingent liability before the third anniversary of the Completion Date.
Contingent Claims. Nothing in this Section 8.2 shall prevent any Indemnitee from making a claim hereunder on or prior to the Cut-Off Date for potential or contingent claims or demands based on facts known to the Indemnitee on such date, provided the Claim Notice sets forth the basis for any such potential or contingent claim or demand and the estimated amount thereof to the extent then feasible.
Contingent Claims. 8. If the Warranty Claim arises in connection with a liability of any member of the Group which, at the time at which the claim is notified to the Sellers, is contingent then the Sellers will have no obligation to make any payment to the Buyer in respect of that breach unless and until such time as the contingent liability ceases to be contingent and becomes an actual liability. So long as any Warranty Claim arising by reason of a contingent liability shall have been notified to the Seller in accordance with paragraph 2, then paragraph 2 shall be amended in relation to such Warranty Claim so as to require that liability for the Warranty Claim be accepted by the Sellers in writing or court proceedings in respect of the Warranty Claim be instituted within 90 days from the date on which the said liability ceases to be contingent, provided that if such contingent liability shall not have become an actual liability by the fourth anniversary of the date of this Agreement, such Warranty Claim shall no longer be capable of recovery from the Sellers under this Agreement.
Contingent Claims. No claim may be made against CollaGenex based upon a liability which is contingent unless and until such contingent liability becomes an actual liability.
Contingent Claims. 16 If any Claim is based upon a liability which is contingent only, the C-Corp Sellers shall not be liable to make payment unless and until such contingent liability gives rise to an obligation to make a payment. This is without prejudice to the right of the Buyer to serve a Notice of Claim in accordance with paragraph 3 above and to issue and serve proceedings in respect of it whilst it remains contingent provided that the Claim must have ceased to be contingent with 12 months of the date of such Notice of Claim. RIGHT TO REMEDY 17 The ODL Sellers shall not be liable for any Claim if the alleged breach which is the subject of the Claim is capable of remedy and is remedied to the satisfaction of the Buyer by the Sellers’ Representative within 30 days of the date on which the Notice of Claim is received by the Sellers’ Representative.
Contingent Claims. 13 If any Buyer Claim is based upon a liability which is contingent only, the Buyer shall not be liable to make payment unless and until such contingent liability gives rise to an obligation to make a payment. This is without prejudice to the right of the ODL Sellers to serve a notice of a Buyer Claim in accordance with this Schedule 10 above and to issue and serve proceedings in respect of it whilst it remains contingent provided that the Buyer Claim must have ceased to be contingent with 12 months of the date of such notice of Buyer Claim.
