Common use of Determination/Resolution of Claims Clause in Contracts

Determination/Resolution of Claims. (a) If an Indemnified Party wishes to make a claim for indemnification against an Indemnifying Party, such Indemnified Party shall deliver the Indemnification Notice to the Indemnifying Party on or before the expiration of the Survival Period. Such Indemnification Notice shall contain the amount of Adverse Consequences for which the Indemnified Party is seeking indemnification and shall set forth the reasons therefore in reasonable detail.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (310 Holdings, Inc.), Agreement and Plan of Merger (Brampton Crest International Inc), Agreement and Plan of Merger (Blue Mountain Resources Inc.)

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Determination/Resolution of Claims. (a) If an Indemnified Party wishes to make a claim for indemnification against an Indemnifying Party, such Indemnified Party shall deliver the Indemnification Notice to the Indemnifying Party and to the Escrow Agent on or before the expiration of the Survival Period. Such Indemnification Notice shall contain the amount of Adverse Consequences for which the Indemnified Party is seeking indemnification and shall set forth the reasons therefore in reasonable detail.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Selway Capital Acquisition Corp.), Agreement and Plan of Merger (Affinity Media International Corp.,), Agreement and Plan of Merger (Healthcare Acquisition Corp)

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