Computation of Losses. For purposes of calculating any Losses suffered by an Indemnified Party pursuant to this Agreement, or under any other specific indemnification covenant contained in this Agreement, each Loss shall bear interest at a fluctuating rate of interest equal to the prime rate (as published in the Wall Street Journal) from the date incurred to the date the indemnification payments with respect thereto is made.
Appears in 4 contracts
Samples: Purchase Assets Agreement (Hydrodynex, Inc.), Asset Purchase Agreement (FBC Holding Inc.), Form of Asset Purchase Agreement (FBC Holding Inc.)
Computation of Losses. For purposes of calculating any Losses suffered by an Indemnified Party PARTY pursuant to this AgreementAGREEMENT, or under any other specific indemnification covenant contained in this AgreementAGREEMENT, each Loss shall bear interest at a fluctuating rate of interest equal to the prime rate (as published in the Wall Street Journal) from the date incurred to the date the indemnification payments with respect thereto is made.
Appears in 1 contract
Computation of Losses. For purposes of calculating any Losses suffered by an Indemnified Party pursuant to this AgreementSections 8.1 or 8.2, or under any other specific indemnification covenant contained in this Agreement, each Loss shall bear interest at a fluctuating rate of interest equal to the prime rate (as published in the Wall Street Journal) from the date incurred to the date the indemnification payments with respect thereto is made.
Appears in 1 contract
