Common use of Recovery for Actual Liabilities Clause in Contracts

Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Specific Claim (other than a Tax Claim) unless and until the liability for which such claim is made has become due and payable.

Appears in 1 contract

Samples: Share Sale Agreement (Amec Foster Wheeler PLC)

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Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Specific Claim (other than a Tax Claim) unless and until the liability for which such claim the Claim is made has become due and payable.. 14.12.2

Appears in 1 contract

Samples: Acquisition Agreement (National Grid PLC)

Recovery for Actual Liabilities. The No Relevant Seller shall not be liable to pay an amount in discharge of any Specific Claim (other than a Tax Claim) unless and until the liability for in respect of which such claim the Claim is made has become due and payable.

Appears in 1 contract

Samples: Share Sale Agreement (Wyndham Worldwide Corp)

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Recovery for Actual Liabilities. The Seller shall not be liable to pay an amount in discharge of any Specific Claim (other than a Tax Claim) unless and until the liability for which such claim the Claim is made has become due and payable.

Appears in 1 contract

Samples: Share Sale Agreement

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