Common use of Claims by Third Parties Clause in Contracts

Claims by Third Parties. 8.4.1 For the purposes of this Section 8.4, “Third Party Claim” means any demand which has been made by or on behalf of any Person other than a Party and which, if maintained or enforced, might result in a loss, liability or expense for which the Purchaser could seek indemnification from the Vendors.

Appears in 1 contract

Samples: Share Purchase Agreement

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Claims by Third Parties. 8.4.1 (a) For the purposes of this Section 8.4, 6.3 “Third Party Claim” means any demand which has been made on, or communicated to, the Seller or the Buyer by or on behalf of any Person other than a Party the persons mentioned above in this definition and which, if maintained or enforced, might result in a loss, liability or expense for which of the Purchaser could seek indemnification from the Vendorsnature described in either Section 6.1 (a) or Section 6.2 (a).

Appears in 1 contract

Samples: Purchase Agreement (MoneyFlow Capital Corp)

Claims by Third Parties. 8.4.1 (a) For the purposes of this Section 8.4, 7(3) “Third Party Claim” means any demand which has been made on, or communicated to, the Vendor or the Purchaser by or on behalf of any Person other than a Party the persons mentioned above in this definition and which, if maintained or enforced, might result in a loss, liability or expense for which of the Purchaser could seek indemnification from the Vendorsnature described in either Subsection 7(1) or Section 7(2).

Appears in 1 contract

Samples: Asset Purchase Agreement (Cryptologic LTD)

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Claims by Third Parties. 8.4.1 (1) For the purposes of this Section 8.4, “8.3 "Third Party Claim" means any demand which has been made on, or communicated to, the Vendor, the Shareholder, the Purchaser, or Nevadaco by or on behalf of any Person other than a Party the persons mentioned above in this definition and which, if maintained or enforced, might result in a loss, liability or expense for which of the Purchaser could seek indemnification from the Vendorsnature described in either Subsection 8.1(1) or Subsection 8.1(2).

Appears in 1 contract

Samples: Asset Purchase Agreement (Universe2u Inc)

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