Common use of Right to Recover Clause in Contracts

Right to Recover. Rosneft shall not be liable unless and until the liability in respect of which a claim is made has become due and payable or has been agreed between Rosneft and Seadrill (with the consent of NADL). NADL and Seadrill shall not be entitled to recover from Rosneft under this Agreement more than once in respect of the same loss.

Appears in 2 contracts

Samples: Registration Rights Agreement (North Atlantic Drilling Ltd.), Registration Rights Agreement (Seadrill LTD)

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Right to Recover. Rosneft None of Seadrill or NADL shall not be liable unless and until the liability in respect of which a claim is made has become due and payable or has been agreed between Rosneft and Seadrill or NADL (with as the consent of NADLcase may be). NADL and Seadrill Rosneft shall not be entitled have the right to recover from Rosneft Seadrill or NADL under this Agreement more than once in respect of the same loss.

Appears in 2 contracts

Samples: Registration Rights Agreement (North Atlantic Drilling Ltd.), Registration Rights Agreement (Seadrill LTD)

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