Fundamental Warranty definition

Fundamental Warranty means any one of them.

Fundamental Warranty means any one of them;

Fundamental Warranty means the warranties set out in paragraphs ‎1 through ‎7 and paragraph ‎14 of ‎Schedule 3.

Examples of Fundamental Warranty in a sentence

• The liability of each Seller in respect of each Claim (excluding Fundamental Warranty Claims under paragraphs 1 and 3 of Part 1 of Schedule 5) under this Agreement and each Tax Deed Claim is limited to the Relevant Percentage set opposite that Seller’s name in column (5) of Schedule 1 of such Claim.

• The Sellers shall not be liable in respect of a Claim (other than a Fundamental Warranty Claim or a Tax Deed Claim) unless the amount of damages to which the Buyer would, but for this paragraph 11, be entitled as a result of that claim (together with all other claims which arise from the same event, set of circumstances, act or omission or relate to the same subject matter) is at least £40,000 in which case the Sellers shall be liable for the whole amount and not just the excess.

• The Sellers shall not be liable in respect of a Claim (other than a Fundamental Warranty Claim or a Tax Deed Claim) unless the amount that would otherwise be recoverable from the Sellers but for this paragraph 12 in respect of that claim, when aggregated with any other amount or amounts recoverable in respect of all other Claims, exceeds £400,000 in which case the Sellers shall be liable for the whole amount and not just the excess (subject to paragraph 10 above).

• The Seller shall only be liable to make a payment to the Buyer in respect of any Fundamental Warranty Claim when liability has been admitted in writing by the Seller or when such liability has been finally determined by the court or arbitral tribunal of competent jurisdiction pursuant to Clause 25.

• The Company shall not be liable for any Claim unless a notice of the Claim is given by the Subscriber to the Company specifying the matters set out in Section 10.5, other than in respect of a Fundamental Warranty, within two years following Closing.

More Definitions of Fundamental Warranty

Fundamental Warranty means a statement contained in paragraphs 1 (Due Organisation and Corporate Power), 2 (Authorisation and Enforceability) or 3.1 to 3.5 (The EDS Entities) of Schedule 7 (Seller’s Warranties) and “Fundamental Warranties” means all those statements.

Fundamental Warranty means a statement contained in paragraphs 1.1 to 1.5, 1.7, 1.8, 2.3, 2.5, 2.6, 2.7, 2.9, 2.10, 17 and 19 of Schedule 4 (Warrantors’ Warranties) and the first sentence of each of paragraphs 2.1 and 2.2 of Schedule 4 (Warrantors’ Warranties).

Fundamental Warranty means a statement contained in paragraphs 1, 2, 2A, 3, 4 and 5.2 in schedule 3 and “Fundamental Warranties” means all those statements;

Fundamental Warranty means any of the warranties given by Seller in Clauses 1 through 9 of Schedule 3;

Fundamental Warranty means [***] and “Fundamental Warranties” means [***];

Fundamental Warranty. Means [***] and “Fundamental Warranties” means [***];

Fundamental Warranty means, in respect of the Seller, the Seller’s Warranties given in accordance with Clauses 5 and 6, as set out in Paragraphs 1.1.1 to 1.1.11, 4.2 and 12 of Schedule 4 and, in respect of the Purchaser, the Purchaser’s Warranties given in accordance with Clauses 5 and 6, as set out in Paragraphs 1.1, 1.2 and 2 of Schedule 5;