Common use of Mitigation of Losses Clause in Contracts

Mitigation of Losses. The parties shall procure that all reasonable steps are taken and all reasonable assistance is given to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability in respect of any claim under this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kookmin Bank), Share Purchase Agreement (Kookmin Bank)

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Mitigation of Losses. The parties Each Party shall procure that all reasonable steps are taken and all reasonable assistance is given to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability in respect of for any claim under this AgreementLoss.

Appears in 1 contract

Samples: Share Purchase Agreement (Teladoc, Inc.)

Mitigation of Losses. The parties Each Party shall procure that all reasonable steps are taken and all reasonable assistance is given to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability in respect of any claim under this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Stolt Nielsen S A)

Mitigation of Losses. The parties Each party shall procure that take all reasonable steps are taken and all reasonable assistance is given to avoid or mitigate any Losses losses which in are the absence subject matter of mitigation might give rise to a liability in respect of any claim an indemnity under this Agreement.

Appears in 1 contract

Samples: Project Agreement

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Mitigation of Losses. The parties Each Party shall procure that all commercially reasonable steps are taken and all commercially reasonable assistance is given to avoid or mitigate any Losses which in the absence of mitigation might give rise to a liability in respect of any claim under this Agreement.

Appears in 1 contract

Samples: International Share and Business Sale (Albemarle Corp)

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