Common use of The Relevant Amount Clause in Contracts

The Relevant Amount. 7.2.1 shall first be set off against any payment then due from the Seller under a Tax Claim; 7.2.2 to the extent there is an excess of the Relevant Amount after any application of it under sub-paragraph 7.2.1, a refund shall be made to the Seller of any previous payment or payments made by the Seller under a Tax Claim and not previously refunded under this sub-paragraph, up to the amount of such excess; and 7.2.3 to the extent that the excess referred to in sub-paragraph 7.2.2 is not exhausted under that sub-paragraph, the remainder of that excess shall be carried forward and set off against any future payment or payments which become due from the Seller under a Tax Claim.

The Relevant Amount. 7.2.1 9.2.1 shall first be set off against any payment then due from the Seller under a Tax Claim; 7.2.2 9.2.2 to the extent there is an excess of the Relevant Amount after any application of it the same under sub-paragraph 7.2.1Paragraph 9.2.1, a refund shall be made to the Seller of any previous payment or payments made by the Seller under a Tax Claim and not previously refunded (whether under this sub-paragraph, Paragraph 9.2.2 or otherwise) up to the amount of such excess; and 7.2.3 9.2.3 to the extent that the excess referred to in sub-paragraph 7.2.2 Paragraph 9.2.2 is not exhausted under that sub-paragraphParagraph, the remainder of that excess shall be carried forward and set off against any future payment or payments which become due from the Seller under a Tax Claim.

The Relevant Amount. 7.2.1 shall first be set off against any payment then due from the Seller Sellers under a Tax Claim; 7.2.2 to the extent there is an excess of the Relevant Amount after any application of it under sub-paragraph 7.2.1, a refund shall be made to the Seller Sellers of any previous payment or payments made by the Seller under a Sellers in respect of any Tax Claim and not previously refunded under this sub-paragraph, paragraph up to the amount of such excess; and 7.2.3 to the extent that the excess referred to in sub-paragraph 7.2.2 is not exhausted under that sub-paragraph, the remainder of that excess shall be carried forward and set off against any future payment or payments which become due from the Seller Sellers under a Tax Claim.