Avoidance Claims Sample Clauses

Avoidance Claims. 10.10.1. Seller shall indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim and shall pay to Purchaser on demand the amount thereof. 10.10.2. Seller shall notify Purchaser within two business days of it becoming aware of the assertion of an Avoidance Claim. 10.10.3. This provision shall survive termination of this Agreement.
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Avoidance Claims. All avoidance claims or causes of action arising under the Bankruptcy Code or applicable state law;
Avoidance Claims. 12.7.1. Borrower shall indemnify Lender from any loss (including defense costs, expenses and legal fees) arising out of the assertion, defense, or judgment or otherwise of any Avoidance Claim, and shall pay to Lender on demand the amount thereof. 12.7.2. Borrower shall notify Lender within two business days after Xxxxxxxx becomes aware of the assertion of an Avoidance Claim. 12.7.3. This provision shall survive termination of this Agreement.
Avoidance Claims. At or prior to Closing, the Debtors will discharge and/or release all Claims with respect to the Avoidance Actions and will take all actions necessary, including, without limitation, filing all motions with the Bankruptcy Court, to effectuate the foregoing.
Avoidance Claims. Seller shall (i) indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim, and shall pay to Purchaser on demand the amount thereof; (ii) notify Purchaser within two business days of it becoming aware of the assertion of an Avoidance Claim. This provision shall survive termination of this ARPA.
Avoidance Claims. 11.1 Client shall indemnify Meridian from any loss arising out of the assertion of any Avoidance Claim and shall pay to Meridian on demand the amount thereof. 11.2 Client shall notify Meridian within two Business Days of it becoming aware of the assertion of an Avoidance Claim. 11.3 This provision shall survive termination of this Agreement.
Avoidance Claims. 12.10.1. Seller shall indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim and shall pay to Purchaser on demand the amount thereof
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Avoidance Claims. 14.1. Client shall indemnify Crestmark from any loss arising out of the assertion of any Avoidance Claim and shall pay to Crestmark on demand the amount thereof. 14.2. Client shall notify Crestmark within two (2) business days of it becoming aware of the assertion of an Avoidance Claim. 14.3. This Section 14 shall survive termination of this Agreement.
Avoidance Claims. 10.13.1 Seller shall indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim and shall pay to Purchaser on demand the amount thereof. 10.13.2 Seller shall notify Purchaser within two (2) business days of it becoming aware of the assertion of an Avoidance Claim. 10.13.3 Seller or Purchaser, as the case may be, shall notify the other party within two (2) business days of it becoming aware of the assertion of an Avoidance Claim. Upon learning of an Avoidance Claim, Seller shall have the right to repurchase the Purchased Account in respect of which the claim arose by payment of the then unpaid Face Amount thereof together with any unpaid fees relating to the Purchased Account, or at Seller's option, by directing Purchaser to charge such amount to the A/R Manager Reserve Account. 10.13.4 This provision shall survive termination of this Agreement. 10.13.5 Seller shall inform Purchaser of any modifications to Amended and Restated Convertible Note and Warrant Purchase Agreement dated January 15, 2003 and the Asset Purchase Agreement dated January 15, 2003 between Seller on the one hand and Dolphin Investors on the other hand and provide copies to Purchaser of the foregoing. Seller shall inform Purchaser and provide copies to Purchaser of any subsequent agreements it enters into with Dolphin Investors.
Avoidance Claims. 12.7.1. Seller shall indemnify Purchaser from any loss (including defense costs, expenses and legal fees) arising out of the assertion, defense, or judgment or otherwise of any Avoidance Claim, and shall pay to Purchaser on demand the amount thereof. 12.7.2. Seller shall notify Purchaser within two business days after Seller becomes aware of the assertion of an Avoidance Claim. 12.7.3. This provision shall survive termination of this Agreement.
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