Common use of Remedy of breaches Clause in Contracts

Remedy of breaches. Other than in respect of any breaches dealt with under clause 23.3, if, following Completion, the matter or circumstance giving rise to a VIP Claim is capable of remedy, HET shall have no liability in respect of that VIP Claim if the relevant matter or circumstance is remedied (at no material cost to any Group Company, VIP or any person connected with VIP) within 30 days of the date on which HET is given notice as contemplated by paragraph 2 of this Schedule in relation to that matter or circumstance. VIP shall procure (a) that HET is given the opportunity in that 30 day period to remedy the relevant matter or circumstance and (b) that each relevant Group Company shall provide all reasonable assistance to HET to remedy the relevant matter or circumstance. Nothing in this paragraph 13 shall prevent VIP from seeking interim relief at any time to the extent necessary to preserve its rights.

Appears in 2 contracts

Samples: Contribution and Framework Agreement (VEON Ltd.), Agreement (VimpelCom Ltd.)

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Remedy of breaches. Other than in respect of any breaches dealt with under clause 23.3, if, following Completion, the matter or circumstance giving rise to a VIP HET Claim is capable of remedy, HET VIP shall have no liability in respect of that VIP HET Claim if the relevant matter or circumstance is remedied (at no material cost to any Group Company, VIP HET or any person connected with VIPHET) within 30 days of the date on which HET VIP is given notice as contemplated by paragraph 2 of this Schedule in relation to that matter or circumstance. VIP HET shall procure (a) that HET VIP is given the opportunity in that 30 day period to remedy the relevant matter or circumstance and (b) that each relevant Group Company shall provide all reasonable assistance to HET VIP to remedy the relevant matter or circumstance. Nothing in this paragraph 13 shall prevent VIP HET from seeking interim relief at any time to the extent necessary to preserve its rights.

Appears in 2 contracts

Samples: Contribution and Framework Agreement (VEON Ltd.), Agreement (VimpelCom Ltd.)

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