Common use of No Duplicative Recovery Clause in Contracts

No Duplicative Recovery. Where substantially the same events or circumstances qualify under one or more single or multiple claims or under one or more provisions of this Agreement, the Indemnified Party seeking indemnification shall not be entitled to double or duplicative recovery of Damages arising out of such events or circumstances, or to calculate its Damages by duplicating or double counting its Damages arising out of such events or circumstances. For the avoidance of doubt, if the Indemnified Party is entitled to bring the claim under more than one provision of this Agreement, such Indemnified Party may choose at its sole and absolute discretion the provision or provisions under which it seeks indemnification.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Globant S.A.), Equity Purchase Agreement (Globant S.A.)

AutoNDA by SimpleDocs

No Duplicative Recovery. Where substantially the same events or circumstances qualify under one or more single or multiple claims or under one or more provisions of this Agreement, the Indemnified Party seeking indemnification shall not be entitled to double or duplicative recovery of Damages Losses arising out of such events or circumstances, or to calculate its Damages Losses by duplicating or double counting its Damages Losses arising out of such events or circumstances. For the avoidance of doubt, if the Indemnified Party is entitled to bring the claim under more than one provision of this Agreement, such Indemnified Party may choose at its sole and absolute discretion the provision or provisions under which it seeks indemnification.

Appears in 1 contract

Samples: Share Purchase Agreement (Globant S.A.)

AutoNDA by SimpleDocs

No Duplicative Recovery. Where substantially the same events or circumstances qualify under one or more single or multiple claims claims, adjustments or under one or more provisions of this Agreement, the Indemnified Party seeking indemnification shall not be entitled to double or duplicative recovery of Damages arising out of such events or circumstances, or to calculate its Damages by duplicating or double counting its Damages arising out of such events or circumstances. For the avoidance of doubt, if the Indemnified Party is entitled to bring the claim under more than one provision of this Agreement, such Indemnified Party may choose at its sole and absolute discretion the provision or provisions under which it seeks indemnification.

Appears in 1 contract

Samples: Equity Purchase Agreement (Globant S.A.)

Time is Money Join Law Insider Premium to draft better contracts faster.