Common use of Agreed Claims Clause in Contracts

Agreed Claims. Claims for Losses specified in any Claim Certificate to which the Indemnifying Party did not object in writing by 11:59 PM Eastern time on the forty-fifth (45th) day following the receipt by the Indemnifying Party of such Claim Certificate, claims for Losses covered by a memorandum of agreement of the nature described in Section 8.5(b) and claims for Losses the validity and amount of which have been the subject of resolution by arbitration or of a final non-appealable judicial determination are hereinafter referred to, collectively, as “Agreed Claims.” The Indemnified Party shall be entitled to payment for any Agreed Claim within ten (10) Business Days of the determination of the amount of any such Agreed Claims.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amicus Therapeutics Inc)

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Agreed Claims. Claims for Losses specified in any Claim Certificate to which the Indemnifying Party Seller Representative did not object in writing by 11:59 PM Eastern time on the forty-fifth thirtieth (45th30th) day following the receipt by the Indemnifying Party of such Claim CertificateCertificate by the Seller Representative, claims for Losses covered by a memorandum of agreement of the nature described in Section 8.5(b7.4(b) and claims for Losses the validity and amount of which have been the subject of resolution by binding arbitration or of a final non-appealable judicial determination are hereinafter referred to, collectively, as “Agreed Claims.” The Indemnified Party shall be entitled to payment for any Agreed Claim within ten (10) Business Days of the determination of the amount of any such Agreed Claims; provided, however, that all payments made from the Escrow Amount shall be made as soon as practicable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Parametric Technology Corp)

Agreed Claims. Claims for Losses specified in any Claim Certificate to which the Indemnifying Party did not object in writing by 11:59 PM Eastern time on the forty-fifth within thirty (45th30) day following the days of receipt by the Indemnifying Party of such Claim Certificate, claims for Losses covered by a memorandum of agreement of the nature described in Section 8.5(b) and claims for Losses the validity and amount of which have been the subject of resolution by arbitration or of a final non-appealable judicial determination are hereinafter referred to, collectively, as “Agreed Claims.” The Subject to the terms and conditions of this Agreement, the Indemnified Party shall be entitled to payment for any Agreed Claim within ten (10) Business Days of the determination of the amount of any such Agreed Claims.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nextgen Healthcare, Inc.)

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Agreed Claims. Claims for Losses specified in any Claim Certificate to which the Indemnifying Party did not object in writing by 11:59 PM Eastern time on the forty-fifth thirtieth (45th30th) day following the receipt by the Indemnifying Party of such Claim Certificate, claims for Losses covered by a memorandum of agreement of the nature described in Section 8.5(b) and claims for Losses the validity and amount of which have been the subject of resolution by arbitration or of a final non-appealable judicial determination are hereinafter referred to, collectively, as “Agreed Claims.” The Indemnified Party shall be entitled to payment for any Agreed Claim within ten (10) Business Days of the determination of the amount of any such Agreed Claims.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Matinas BioPharma Holdings, Inc.)

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