Specific Liability Claim definition

Specific Liability Claim means a claim by the Purchaser against the Seller pursuant to the Specific Indemnities and/or the Specific Warranties;
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Examples of Specific Liability Claim in a sentence

  • Nothing in this Schedule shall or shall be deemed to in any way diminish the Purchaser’s common law obligations to mitigate its loss or damage or both in relation to any Claim and/or Specific Liability Claim and/or Set Off Escrow Claim.

  • The liability of the Seller (if any) for any Specific Liability Claim shall be limited in accordance with the provisions of clause 1 of Schedule 7.

  • The Purchaser shall not be entitled to recover the same loss in respect of any Claim and/or Specific Liability Claim and/or Set Off Escrow Claim more than once.

  • The Seller will to the extent available provide brief particulars of the grounds on which such Specific Liability Claim is based and the amount of such claim.