Common use of Calculation of Loss Clause in Contracts

Calculation of Loss. In calculating the Loss of the Seller for a Purchaser Breach or any other breach of this Agreement account must be taken of the amount by which any Tax for which any member of the Seller Group is now or in the future accountable or liable to be assessed is reduced or extinguished as a result of the fact, matter or circumstance giving rise to the Loss.

Calculation of Loss. In calculating the Loss of the Seller Purchaser for a Purchaser Breach or any other breach of this Agreement account must be taken of the amount by which any Tax for which any member of the Seller Purchaser Group is now or in the future accountable or liable to be assessed is reduced or extinguished as a result of the fact, matter or circumstance giving rise to the Loss.