Common use of No Double Counting Clause in Contracts

No Double Counting. Notwithstanding the preceding provisions of this clause 10, if a liability to Taxation of the Lessor arises (or would have arisen but for an insufficiency of taxable profits) or an event giving rise to such a liability occurs (which would not have been, or given rise to, such a liability had all of the Variable Assumptions proved to be correct) by reason of which the Lessee is (or would, but for this provision be) liable to make a payment under the preceding provisions of this clause 10 and, in consequence of any such Variable Assumptions proving not to be correct, the amount of Rental payable under this Lease is adjusted upwards (or would be so adjusted but for the provisions of paragraph 10 of the Financial Schedule) then the Lessee shall not in such circumstances be liable to make any payments to the Lessor or otherwise in respect of Taxes under this clause 10 to the extent that the Lessor is (or, as the case may be, would be) fully compensated (or would be so compensated but for the provisions of paragraph 10 of the Financial Schedule) in respect of such liability or event by such upward adjustment to the amount of such Rental.