Common use of No Duplication of Recovery Clause in Contracts

No Duplication of Recovery. The Buyer shall not be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity more than once in respect of the same Loss, regardless of whether more than one claim arises in respect of it under this Agreement, and for this purpose recovery by the Buyer or any Group Company shall be deemed to be a recovery by each of them.

Appears in 1 contract

Sources: Securities Purchase Agreement (Perfect Corp.)

No Duplication of Recovery. The Buyer Purchaser shall not be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity more than once in respect of the same Lossany one liability, loss, cost, shortfall, damage or deficiency, regardless of whether more than one Relevant Claim or claim under the Tax Covenant arises in respect of it under this Agreementit, and for this purpose recovery by the Buyer Purchaser or any Group Company shall be deemed to be a recovery by each of them.

Appears in 1 contract

Sources: Share Purchase Agreement (Opentable Inc)

No Duplication of Recovery. The Buyer Purchaser shall not be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity more than once in respect of the same Loss, regardless of whether more than one claim arises in respect of it under this Agreement, and for this purpose recovery by the Buyer or any Group Company shall be deemed to be a recovery by each of themit.

Appears in 1 contract

Sources: Asset Purchase Agreement (Farfetch LTD)

No Duplication of Recovery. The Buyer Purchaser shall not be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity more than once in respect of the same Loss, regardless of whether more than one claim Claim arises in respect of it it. For the avoidance of doubt, the same facts, events or circumstances giving rise to a Loss will not be taken into account more than once under the terms of this Agreement, and including in particular for this purpose recovery by the Buyer or any Group Company shall be deemed to be a recovery by each of themindemnification purposes.

Appears in 1 contract

Sources: Share Purchase Agreement (Inogen Inc)

No Duplication of Recovery. 11.1 The Buyer Purchaser shall not be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity more than once in respect of the same Loss, regardless of whether more than one claim Claim arises in respect of it under this Agreementit, and for this purpose recovery by the Buyer Purchaser or any of the Group Company Companies shall be deemed to be a recovery by each of them.

Appears in 1 contract

Sources: Share Purchase Agreement (China Lodging Group, LTD)