Common use of Litigation; Claims Clause in Contracts

Litigation; Claims. All liabilities of Seller and its subsidiaries arising from claims and recoveries under litigation of third parties against Seller or its subsidiaries set forth on Schedule 1(d)(vi) (the "Retained Litigation");

Appears in 4 contracts

Samples: Agreement of Purchase (Arrow Electronics Inc), Agreement of Purchase and Sale (Bell Industries Inc /New/), Agreement of Purchase (Arrow Electronics Inc)

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Litigation; Claims. All obligations and liabilities of Seller and its applicable subsidiaries arising from claims and recoveries under litigation of third parties against Seller or its applicable subsidiaries set forth on Schedule arising out of the activities of the Business, except the Retained Litigation (as defined in Section 1(d)(vi) (the "Retained Litigation"));

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Bell Industries Inc /New/), Agreement of Purchase (Arrow Electronics Inc), Agreement of Purchase (Arrow Electronics Inc)

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