DURATION AND EXTENT Sample Clauses

DURATION AND EXTENT. The Warrantors shall not be liable in respect of a Tax Liability unless they have received from the Buyer written notice of the Assessment for Tax which relates to that Tax Liability within seven years from Completion.

DURATION AND EXTENT. 2.1 The Seller shall not be liable in respect of a liability arising under this Schedule unless it has received from the Buyer written notice of the Claim for Tax which relates to that Tax Liability within the date which is six years from the end of the accounting period in which Completion occurs. 2.2 The provisions of clauses 8 and Schedule 3 to this Agreement that specifically refer to the Tax Covenant shall apply to all claims under this Schedule as if the same were set out in full in this Schedule.

DURATION AND EXTENT. 1.1 The aggregate liability of the Warrantors and the Holdings Vendors in respect of all claims under this agreement (apart from claims in respect of Holdings Title Warranties or under clause 2.5 of this agreement) made: 1.1.1 on or prior to 15 March 2007 (“Year 1 Claims”) shall (subject as provided in paragraph 1.2) not exceed the principal amount standing to the credit of the Joint Account from time to time plus twenty per cent of the Consideration as adjusted in accordance with clause 3.2; and 1.1.2 on or after 16 March 2007 and prior to the second anniversary of the Completion Date (“Year 2 Claims”) shall not exceed the principal amount standing to the credit of the Joint Account at the opening of business on 16 March 2007 less any amounts in respect of any Year 1 Claims which at the date any Year 2 Claim is due to be settled have been paid out of the principal monies in the Joint Account after 16 March 2007 provided that if any Year 2 Claim shall be settled and paid before all Year 1 Claims have been settled and paid then thereafter Year 1 Claims shall only be liable to be settled and paid to the extent that the aggregate of all Year 1 Claims which are settled and paid (whether before or after 16 March 2007) do not exceed an amount equal to forty per cent of the Consideration as adjusted in accordance with clause 3.2 reduced by the aggregate of any amounts in respect of those Year 2 Claims and Year 1 Claims which have then been paid. 1.2 The aggregate liability of the Warrantors in respect of all Tax Claims made after the second anniversary of Completion but prior to the fourth anniversary of Completion shall not exceed £1,000,000. 1.3 The aggregate liability of the HHL Vendor in respect of all claims under the HHL Title Warranties shall not exceed the amount of Consideration received by it from time to time. 1.4 No amount shall be payable by and the Warrantors shall not be liable in respect of any Claim unless the amount of each individual Claim is in excess of £5,000 and unless and until the aggregate cumulative liability of the Warrantors in respect of all such individual Claims which exceed £5,000, exceeds £200,000 in which case the Warrantors shall be liable for both the initial £200,000 and the excess. 1.5 The Warrantors shall not be liable for any Claim unless the Holdings Vendors’ Representative is given notice in writing of that Claim (whether actual or contingent) stating in reasonable detail the nature of the Claim and an estimate of the am...

DURATION AND EXTENT. The Sellers shall not be liable in respect of a claim under Clause 7.1 unless they have received from the Buyer written notice of the claim under clause 7.1, which relates to such liability within seven years from Closing.

DURATION AND EXTENT. 3.1 No claim shall be admissible and the Warrantors shall not be liable in respect of any Holdings Tax Claim unless details of the Holdings Tax Claim shall have been notified in writing to the Warrantors within four years of the Completion Date and unless legal proceedings shall have been served in respect of the Tax Claim within twelve months of such notice. 3.2 The provisions of schedule 9 shall apply to limit or exclude, as the case may be, the liability of the Warrantors in respect of any Tax Claim to the extent expressly provided therein.

DURATION AND EXTENT. All licenses granted herein by either party under any patent shall terminate on the earlier of such patent's expiration or the end of the LIMITED PERIOD. At the end of the LIMITED PERIOD, the cross-licenses for future use of the patents shall expire unless renewed, but the parties and their customers, acting within the scope of the license, shall be immune from infringement claims for activities during the LIMITED PERIOD, and such protection shall extend to the parties and their customers, acting within the scope of the license, for all transactions during the LIMITED PERIOD. For example, manufacture, sale or lease of LICENSED PRODUCTS during the LIMITED PERIOD would not be subject to a retroactive claim for damages after the LIMITED PERIOD ends, and no parties or customers, acting within the scope of the license, would be subject to claims for infringement at any time for LICENSED PRODUCTS initially sold or leased during the LIMITED PERIOD. -------- * Any term in capital letters which is defined in the Definitions Appendix shall have the meaning specified therein. [*] = OMITTED PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST. THE MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

DURATION AND EXTENT. Subject to the provisions of ARTICLE III and Section 4.02, all licenses granted herein shall continue [ * ]

DURATION AND EXTENT. All licenses granted herein under any patent shall terminate on the earlier of such patent's expiration or the end of the LIMITED PERIOD. If, upon the Effective Date hereof, the grantor has less than full rights, with respect to any of its patents, the license granted herein under such patent shall be limited to that which the grantor has the right to grant. ACTIVE VOICE-BILAT-PLA-RRA - 9/30/99 LUCENT GRL PROPRIETARY & CONFIDENTIAL

DURATION AND EXTENT. All licenses granted herein as to any Party's patent or patents shall continue for the entire unexpired term of such patent, but for patents falling within subsection (2) (ii) of the definition of AT&T's Patents, NCR's Patents or Lucent's Patents, as the case may be, for as much of such term as the grantor has the right to grant such licenses.