Subsequent Recovery. If, in connection with any payment by Guarantor of the Guaranteed Obligations, Beneficiary shall finally recover any such amounts from any other source directly making payments with respect to the Guaranteed Obligations, or it shall be finally determined that such Guaranteed Obligations were not owed to Beneficiary, Beneficiary shall promptly remit such amounts to Guarantor.
Subsequent Recovery. If the Indemnifying Party pays an amount in discharge of any claim under this Agreement and the Indemnified Party or any of its Affiliates subsequently recovers from a third Person a sum which is attributable to the subject matter of the claim, the Indemnified Party shall promptly pay to the Indemnifying Party an amount equal to all amounts recovered up to the aggregate amount thus paid by the Indemnifying Party hereunder.
Subsequent Recovery. In the event that the Indemnitee subsequently recovers all or part of a Third Party Claim from any other Person legally obligated to pay the same, the Indemnitee shall forthwith repay to the Indemnitor the amounts so recovered up to an amount not exceeding the amount theretofore paid by the Indemnitor by way of indemnity.
Subsequent Recovery. If the Vendor pay an amount in discharge of any claim under this Agreement and the Purchaser or any Group Company subsequently recovers (whether by payment, discount, credit, relief or otherwise) from a third party a sum which is referable to the subject matter of the claim and which would not otherwise have been received by the Purchaser, the Purchaser shall pay, or shall procure that the relevant Group Company pays, to the Vendors an amount equal to (i) the sum recovered from the third party less any reasonable costs and expenses incurred in obtaining such recovery or (ii) if less, the amount previously paid by the Vendors to the Purchaser.
Subsequent Recovery. If any payment is made by the Shareholders or any of them in or towards the settlement of any claim under any of the representations and warranties contained in this Agreement and the Purchaser or the Company subsequently recovers or procures the recovery from a third party of an amount which is referable to that claim the Purchaser shall, or shall procure that the Company shall, forthwith repay or procure repayment to the relevant Shareholders of an amount equal to whichever is the lesser of:
Subsequent Recovery. Indemnitee or Claimant shall or shall cause any of its Affiliates (including, as the case may be, the Company or any of its Subsidiaries) to reimburse to the Indemnitor or Recipient any amount paid by such Indemnitor or Recipient to the extent that such amount is subsequently recovered by or paid to such Indemnitee or Claimant or any of its Affiliates by any third party (excluding under any insurance policy) as a result of the same facts or matters which have given rise to the payment of the sum paid by the Indemnitor or Recipient.
Subsequent Recovery. 10.2 If the Vendor pays an amount in respect of a Claim and the Purchaser, or any member of the Purchaser’s Group, subsequently recovers (whether by payment, discount, credit, relief or otherwise) from a third party an amount which relates to such Claim, the Purchaser shall procure that the relevant member of the Purchaser’s Group shall pay to the Vendor an amount equal to the lesser of the amount recovered from the third party less any reasonable costs and expenses incurred in obtaining such recovery and the amount previously paid by the Vendor to the Purchaser.
Subsequent Recovery. If the relevant Indemnifying Person(s) pays an amount which fully discharges any Indemnity Claim raised by an Indemnified Person(s) under this Agreement for Losses suffered by such Indemnified Person(s) and the Indemnified Person(s) (whether by payment, discount, credit, relief or otherwise) recovers from a Third Party, a sum which compensates the Indemnified Person(s) for such Loss and which otherwise would not have been received (including for the avoidance of doubt, any tax refunds, insurance amounts or similar recoveries) by the Indemnified Person(s), the Indemnified Person(s) will pay to the relevant Indemnifying Person(s) an amount equivalent to the amount recovered from such Third Party, less any reasonable costs and expenses incurred in obtaining such recovery and less any Tax paid or payable by the Indemnified Person(s) under applicable Law at the time of the recovery of the sum from a Third Party, provided, that such repayment shall not exceed the amount of the payment that the relevant Indemnifying Person(s) had previously paid to such Indemnified Person(s) in respect of such Loss and after paying such amounts to the relevant Indemnifying Person(s), the Indemnified Person(s) remains fully compensated in respect of the original Loss incurred. The Seller Indemnified Person agrees that in the event Tax is required to be withheld or deducted at source on the amount so paid or required to be paid pursuant to this Clause 8.5.4, such amount shall be grossed up with the amount of Tax, required to be so withheld or deducted, such that the Sellers receive the same amount after the applicable withholding or deduction, which it would have otherwise received, had no withholdings or deduction taken place.
Subsequent Recovery. If the Sellers pay the Purchaser any amount in respect of a Claim other than a Tax Covenant Claim and the Purchaser or any member of the Purchaser Group actually recovers from any person other than the Sellers a sum which is directly referrable to that Claim (including by way of discount, relief or credit), the Purchaser shall give prompt notice to the Sellers, and shall use its commercially reasonable efforts to seek recovery from such third party. If any amount is actually recovered from such third party, then such amount (after deducting: (i) any Tax payable in respect of the sum recovered after taking account of any Relief received by any Purchaser Group Company in respect of the matter giving rise to the relevant Claim; and (ii) any reasonable costs and expenses properly incurred by any Purchaser Group Company in making such recovery) shall promptly be repaid by the Purchaser to the Sellers or used to set off any amounts owed to any Purchaser Group Company under this Agreement.
Subsequent Recovery. If the Vendors or any of them make payment in respect of a claim under the Warranties and the Company or any member of the Purchaser's Group or any agent on its or their behalf subsequently recovers or receives from a third party a sum or benefit which is directly referable to the subject matter of such claim, the Purchaser shall within ten business days after the receipt of such sum or benefit pay to the Vendors originally settling the claim a sum equal to the net amount received (after deducting any costs and expenses reasonably and properly incurred by the recipient(s) in recovering such sum or benefit from the third party and any taxation liability referable to such receipt, to the extent in any such case not already reimbursed by the Vendors) but not in any event exceeding the amount originally paid by the Vendors in respect of the claim concerned.
