DURATION AND EXTENT. All licenses granted herein under any patent shall, notwithstanding the expiration of the LIMITED PERIOD, continue for the unexpired term of such patent, unless this Agreement or any licenses granted herein are terminated pursuant to the provisions of Article III.
DURATION AND EXTENT. The Warrantors shall not be liable in respect of a Tax Liability unless they have received from the Buyer written notice of the Assessment for Tax which relates to that Tax Liability within seven years from Completion.
DURATION AND EXTENT. 2.1 The Seller shall not be liable in respect of a liability arising under this Schedule unless it has received from the Buyer written notice of the Claim for Tax which relates to that Tax Liability within the date which is six years from the end of the accounting period in which Completion occurs.
DURATION AND EXTENT. The Sellers shall not be liable in respect of a claim under Clause 7.1 unless they have received from the Buyer written notice of the claim under clause 7.1, which relates to such liability within seven years from Closing.
DURATION AND EXTENT. 3.1 Schedule 5 of the Agreement shall apply in respect of any Tax Claim (with all necessary changes) as if the same were set out and repeated in this part 4 of this schedule, except that the time period provided in paragraph 2.3.1 of Schedule 5 for any Tax Claim shall be extended until the date that is 60 days following the expiration of the applicable structure of limitations, including extensions thereof.
DURATION AND EXTENT. 2.1 The individual liability of each Warrantor shall not exceed the total amount of the Consideration received by him (including the nominal value of any Consideration Loan Notes and Retention Loan Notes) and the aggregate liability of the Warrantors in respect of all Claims shall not exceed the aggregate Consideration received by them and for the purposes of this clause the amount of any payment made pursuant to clauses 3.9 to 3.20 shall be deemed to be the liability of the Warrantors.
DURATION AND EXTENT. The Vendors shall not be liable in respect of any Tax Claim unless details of the Tax Claim have been notified in writing to the Vendors' Representative within seven years of Completion provided that paragraph 1 of this part 4 and this paragraph 3 shall not apply to any Tax Claim which has arisen as a result of fraud or neglect on the part of any of the Vendors (at any time) or any Group Company (prior to Completion).
DURATION AND EXTENT. 3.1 Paragraphs 1.1, 1.3, 1.4 and 6 of schedule 8 of this agreement shall apply in respect of any Tax Claim (with all necessary changes) as if the same were set out and repeated in this part 4 of this schedule.
DURATION AND EXTENT. 1.1 The aggregate liability of the Vendors in respect of all Claims shall not exceed the sum which is the difference between (i) the Consideration less the amount of (pound)290,613 being the surplus cash and (ii) the Net Asset Value as determined by the Completion Accounts.
DURATION AND EXTENT. 6.1 The Warrantors shall not be liable under the Tax Covenant or for breach of any of the Tax Warranties unless the Buyer has given written notice containing details of the Claim for Tax which relates to that liability to the Warrantors within seven years of Completion.
