Common use of Scope of Damages Clause in Contracts

Scope of Damages. The Indemnified Party shall use its reasonable business judgment in minimizing any Loss upon becoming aware of any event that would reasonably be expected to, or does, give rise thereto.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Kensey Nash Corp), Asset Purchase Agreement (Intersil Corp/De), Asset Purchase Agreement (Fairchild Semiconductor International Inc)