Common use of Allocation of Damages Clause in Contracts

Allocation of Damages. Any Damages under Section 17.3 may be recovered either by Surviving Corporation or NRC, as elected by NRC, or such Damages may be allocated to NRC and Surviving Corporation as NRC, in its sole discretion, may determine.

Appears in 2 contracts

Sources: Merger Agreement (Nichols Research Corp /Al/), Merger Agreement (Nichols Txen Corp)