Claim Procedure/Notice of Claim. (a) A party entitled, or seeking to assert rights, to indemnification under this Article XII (an "Indemnified Party") shall give written notification (a "Claim Notice") to the party from whom indemnification is sought (an "Indemnifying Party") which contains (i) a description and the amount (the "Claimed Amount"), if then known, of any Adverse Consequences incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII for such Adverse Consequences and a reasonable explanation of the basis therefor.
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Samples: Asset Purchase Agreement (Hub Group Inc), Asset Purchase Agreement (Hub Group Inc)
Claim Procedure/Notice of Claim. (a) A party entitled, entitled or seeking to assert rights, rights to indemnification under this Article XII ARTICLE VIII (an "“Indemnified Party"”) shall give prompt written notification (a "“Claim Notice"”) to the party from whom indemnification is sought (an "“Indemnifying Party"”) which contains (i) a description and the amount or estimation thereof (the "“Claimed Amount"”), if then known, of any Adverse Consequences Losses incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII ARTICLE VIII for such Adverse Consequences Losses and a reasonable explanation of the basis therefor.
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Samples: Asset Purchase Agreement (Novatel Wireless Inc), Asset Purchase Agreement (Micronet Enertec Technologies, Inc.)
Claim Procedure/Notice of Claim. (a) A party entitled, entitled or seeking to assert rights, rights to indemnification under this Article XII VII (an "“Indemnified Party"”) shall give prompt written notification (a "“Claim Notice"”) to the party from whom indemnification is sought (an "“Indemnifying Party"”) which contains contains: (i) a description and the amount or estimation thereof (the "“Claimed Amount"”), if then known, of any Adverse Consequences Losses incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII VII for such Adverse Consequences Losses and a reasonable explanation of the basis therefor.
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Claim Procedure/Notice of Claim. (a) A party entitled, or seeking to assert rights, to indemnification under this Article XII (an "Indemnified Party") shall give written notification (a "Claim Notice") to the party from whom indemnification is sought (an "Indemnifying Party") which contains (i) a description and the amount (the "Claimed Amount"), if then known, of any Adverse Consequences Losses incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII for such Adverse Consequences Losses and a reasonable explanation of the basis therefor.
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Claim Procedure/Notice of Claim. (a) A party entitled, or seeking to assert rights, to indemnification under this Article XII (an "“Indemnified Party"”) shall give written notification (a "“Claim Notice"”) to the party from whom indemnification is sought (an "“Indemnifying Party"”) which contains (i) a description and the amount (the "“Claimed Amount"”), if then known, of any Adverse Consequences incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII for such Adverse Consequences and a reasonable explanation of the basis therefor.
Appears in 1 contract
Samples: Purchase Agreement (Hub Group, Inc.)
Claim Procedure/Notice of Claim. (a) A party entitled, or seeking to assert rights, to indemnification under this Article XII (an "“Indemnified Party"”) shall give written notification (a "“Claim Notice"”) to the party from whom indemnification is sought (an "“Indemnifying Party"”) which contains (i) a description and the amount (the "“Claimed Amount"”), if then known, of any Adverse Consequences Losses incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification under this Article XII for such Adverse Consequences Losses and a reasonable explanation of the basis therefor.
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