Common use of Determination of Indemnified Amounts Clause in Contracts

Determination of Indemnified Amounts. The Indemnified Amounts payable by an Indemnifying Party hereunder shall be determined (a) by the written agreement of the parties, (b) by mediation, (c) by a final judgment or decree of any court of competent jurisdiction, or (d) by any other means agreed to in writing by the Parties. A judgment or decree of a court shall be deemed final when the time for appeal, if any, has expired and no appeal shall have been taken or when all appeals taken have been fully determined.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Villageedocs Inc), Stock Purchase Agreement (Investools Inc), Stock Purchase Agreement (Hadzi-Pavlovic Vojin and Gloria)

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Determination of Indemnified Amounts. The Indemnified Amounts payable by an Indemnifying Party hereunder shall be determined (ai) by the written agreement of the parties, (bii) by mediation, (ciii) by a final judgment or decree of any court of competent jurisdiction, or (div) by any other means agreed to in writing by the Partiesparties. A judgment or decree of a court shall be deemed final when the time for appeal, if any, has shall have expired and no appeal shall have been taken or when all appeals taken have been fully determined.

Appears in 1 contract

Samples: Merger Agreement (Investools Inc)

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