Common use of Reduction in Consideration Clause in Contracts

Reduction in Consideration. If any amount is paid by the Seller in respect of a breach of any of the Warranties, the amount of such payment shall be deemed to constitute a reduction in the consideration payable under this agreement for the Shares to which the breach most relates.

Appears in 1 contract

Samples: KVH Industries Inc \De\

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Reduction in Consideration. If any Any amount is paid by either of the Seller Sellers in respect of a breach of any of the Warranties, the amount of such payment claim shall so far as possible be deemed to constitute treated as a reduction in the relevant consideration payable under to such Seller as contemplated by this agreement for the Shares to which the breach most relates.Agreement. 106

Appears in 1 contract

Samples: Share Sale Agreement (NTL Inc)

Reduction in Consideration. If any amount is paid by the Seller in respect of a breach of any of under the Warranties, the amount of such payment shall be deemed to constitute a reduction in the consideration payable under this agreement for the Shares to which the breach most relatesagreement.

Appears in 1 contract

Samples: Business and Asset Purchase Agreement (Octel Corp)

Reduction in Consideration. If any Any amount is paid by either of the Seller Sellers in respect of a breach of any of the Warranties, the amount of such payment claim shall be deemed to constitute treated as a reduction in the relevant consideration payable under to such Seller as contemplated by this agreement for the Shares to which the breach most relatesAgreement.

Appears in 1 contract

Samples: Agreement (NTL Inc)

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Reduction in Consideration. 9.1 If any amount is paid by the Seller in respect of a breach of under the Warranties or pursuant to any of other claim by the WarrantiesBuyer under this Agreement, the amount of such payment shall be deemed to constitute a reduction in the consideration payable under this agreement for the Shares to which the breach most relatesAgreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Visteon Corp)

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