Common use of Notwithstanding Completion Clause in Contracts

Notwithstanding Completion. BOC shall procure that BOC Limited be responsible for all debts and other payments payable by and claims outstanding against BOC Limited in respect of the Business at Completion, including claims by third parties in respect of any service supplied by BOC Limited in respect of the Business or any act or omission thereof in respect of the Business prior to Completion; and BOC shall indemnity Philipps in respect of all Losses which Philipps may incur as a result of any such indebtedness or claim or as a result of anything happening, done or omitted to be done by BOC Limited in respect of the Business prior to Completion.

Appears in 1 contract

Sources: Agreement for the Sale and Purchase of Shares and Assets (Western Magnesium Corp)

Notwithstanding Completion. BOC shall procure that BOC Limited be responsible for all debts and other payments payable by and claims outstanding against BOC Limited in respect of the Business at Completion, including claims by third parties in respect of any service supplied by BOC Limited in respect of the Business or any act or omission thereof in respect of the Business prior to Completion; and BOC shall indemnity Philipps in respect of all Losses which Philipps ▇▇▇▇▇▇▇▇ may incur as a result of any such indebtedness or claim or as a result of anything happening, done or omitted to be done by BOC Limited in respect of the Business prior to Completion.

Appears in 1 contract

Sources: Agreement for the Sale and Purchase of Shares and Assets (Western Magnesium Corp)