Common use of Direct Claims Clause in Contracts

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 14 contracts

Samples: Contribution Agreement (Valero Energy Partners Lp), Purchase and Sale Agreement (Valero Energy Partners Lp), Contribution Agreement (Valero Energy Partners Lp)

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Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a9.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 11 contracts

Samples: Contribution Agreement (HollyFrontier Corp), LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (Holly Energy Partners Lp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 9.12 that is not subject to Section 7.2 9.15 because no third-party action Third Party Claim is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such amounts that the Indemnified Party claims are subject to indemnification under the terms hereofof this Article IX. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Bloom Energy Corp), Limited Liability Company Agreement (Bloom Energy Corp), Limited Liability Company Agreement (Bloom Energy Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 6.1 that is not subject to Section 7.2 6.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such amounts that the Indemnified Party claims are subject to indemnification under the terms hereofof this Article 6. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not riot amount to a waiver of such claim unless claim, except for the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 4 contracts

Samples: Equity Capital Contribution Agreement (Bloom Energy Corp), Equity Capital Contribution Agreement (Bloom Energy Corp), Equity Capital Contribution Agreement (Bloom Energy Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 8.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a8.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 4 contracts

Samples: Transfer Agreement (Holly Energy Partners Lp), Transfer Agreement (Holly Energy Partners Lp), Transfer Agreement (HollyFrontier Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.6(c), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Commodore Media Inc), Asset Purchase Agreement (Capstar Broadcasting Partners Inc), Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 8.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Coho Energy Inc), Stock Purchase Agreement (Hicks Thomas O), Stock Purchase Agreement (Hm4 Triton Lp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 8.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs indemnified costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Wiser Investors Lp), Stock Purchase Agreement (Wiser Oil Co), Stock Purchase Agreement (Wiser Investment Co LLC)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Sanchez Production Partners LP), Purchase and Sale Agreement (Sanchez Energy Corp), Purchase and Sale Agreement

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless and to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sanchez Production Partners LP), Purchase and Sale Agreement (Sanchez Energy Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 10.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a10.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (HollyFrontier Corp)

Direct Claims. In any case in which an Acquiror Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 12.2 hereof because no third-party action is involved, the Acquiror Indemnified Party shall notify the Indemnifying Party Stockholder Representative in writing of any Indemnified Costs Losses which such Acquiror Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Acquiror Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless except to the extent the resulting delay materially prejudices the position of the Indemnifying Party Parties with respect to such claim.

Appears in 2 contracts

Samples: Merger Agreement (North American Scientific Inc), Merger Agreement (Friede John A)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder under Section 5.1 which is not subject to Section 7.2 5.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of such direct claim, of any Indemnified Costs amounts which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article 5. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.), Agreement for Purchase of Membership Interests (Ormat Technologies, Inc.)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 10.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Merger Agreement (First Sierra Financial Inc), Interest Purchase Agreement (First Sierra Financial Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder under this Article 7 which is not subject to Section 7.2 7.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs costs which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article 7. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Agreement for Purchase of Membership Interest (Marriott International Inc /Md/), Agreement for Purchase of Membership Interest (Marriott International Inc /Md/)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 5.1 that is not subject to Section 7.2 5.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such amounts that the Indemnified Party claims are subject to indemnification under the terms hereofof this ARTICLE 5. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Equity Contribution and Purchase Agreement (First Wind Holdings Inc.), Equity Contribution and Purchase Agreement (First Wind Holdings Inc.)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.5 because no third-party action Third Party Action is involved, the Indemnified Party shall will notify the Indemnifying Party in writing of any Indemnified Costs Damages or Claims which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a)this Article IX, the failure of the Indemnified Party to exercise promptness in such notification shall will not amount to a waiver of such claim unless the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (USA Compression Partners, LP)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 7.1 that is not subject to Section 7.2 7.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such amounts that the Indemnified Party claims are subject to indemnification under the terms hereofof this Article 7. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Equity Capital Contribution Agreement (Bloom Energy Corp), Equity Capital Contribution Agreement (Bloom Energy Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder under Section 11.1 which is not subject to Section 7.2 11.3 because no third-party action Third Party Claim is involvedinvolved (a “Direct Claim”), the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs amounts which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article XI. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.), Equity Contribution Agreement (Ormat Technologies, Inc.)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 7.3 because no thirdThird-party action Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a)Sections 7.5 and 8.2, the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Collegiate Pacific Inc), Stock Purchase Agreement (Collegiate Pacific Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a9.4(a), the failure of the Indemnified Party to exercise promptness #PageNum# in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 2 contracts

Samples: LLC Interest Purchase Agreement (HollyFrontier Corp), LLC Interest Purchase Agreement (Holly Energy Partners Lp)

Direct Claims. In any case in which an Indemnified Party seeks ------------- indemnification hereunder which is not subject to Section 7.2 8.3 because no third-third- party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless except to the extent that the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Contribution Agreement (Muzak Holdings Finance Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a7.4 (a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Transaction Agreement (Valero Energy Partners Lp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 12.3 because no third-third party action is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs liability, loss, claim, damage or deficiency which such Indemnified Party claims are subject to indemnification under the terms hereofof this Agreement. Subject to the terms, conditions and limitations set forth in Section 7.4(a)this Agreement, the failure of the Indemnified Party to exercise promptness in such notification shall not amount be foreclosed by any failure to provide timely notice of existence of a waiver of such claim unless the resulting delay materially prejudices the position of to the Indemnifying Party with respect except to the extent that the Indemnifying Party incurs any out-of-pocket expense or otherwise has been prejudiced as a result of such claimdelay.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pilgrims Pride Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.. 7.4

Appears in 1 contract

Samples: Asset Purchase Agreement

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Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 9.10 that is not subject to Section 7.2 9.13 because no third-party action Third Party Claim is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such amounts that the Indemnified Party claims are subject to indemnification under the terms hereofof this Article IX. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bloom Energy Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which under Section 5.1 that is not subject to Section 7.2 5.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of such direct claim, of any Indemnified Costs amounts which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article 5. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Agreement for Purchase of Membership Interests (Ormat Technologies, Inc.)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.2 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs Losses which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a)this Article IX, the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (NCH Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.5(b), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (Heftel Broadcasting Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.2 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs Losses which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations otherwise set forth in Section 7.4(a)this Article IX, the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Range Resources Corp)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action Third Party Claim is involved, the Indemnified Party shall notify the Indemnifying Party in writing as promptly as practicable of any Indemnified Costs Losses which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations otherwise set forth in this Section 7.4(a)11, the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (CVR Energy Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 7.3 hereof because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party Parties in writing of any Indemnified Costs which such Indemnified Party he, she, or it claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless if the Indemnified Party can demonstrate that the resulting delay did not materially prejudices prejudice the position of the Indemnifying Party Parties with respect to such claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mmi Products Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action is involvedinvolved (a “direct action”), the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless and only to the extent that the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Merger Agreement (Atrium Companies Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder under Section 11.1 which is not subject to Section 7.2 11.3 because no third-party action Third Party Claim is involvedinvolved (a “Direct Claim”), the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs amounts which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article XI. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.. - 42 - Section 11.3

Appears in 1 contract

Samples: Equity Contribution Agreement

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 7.03 because no third-party action Third Party Action is involved, the Indemnified Party shall will notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in this Article Seven and Section 7.4(a)7.03, the failure of the Indemnified Party to exercise promptness in such notification shall will not amount to a waiver of such claim unless the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Merger Agreement (Cirrus Logic Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 9.4(a) because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a9.4(c), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Asset Exchange Agreement (Salem Communications Corp /De/)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 13.2 because no third-party action Third Party Action is involved, the Indemnified Party shall will notify the Indemnifying Party Representative in writing of any Indemnified Costs Losses which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in this ARTICLE XIII and in Section 7.4(a)15.1, the failure of the Indemnified Party to exercise promptness in such notification shall will not amount to a waiver of such claim unless the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Merger Agreement (SolarWinds, Inc.)

Direct Claims. In any case in which an xxxxx xx Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 12.4 because no third-party action is involved, the Indemnified Party shall promptly notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless unless, and to the extent, the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Joint Venture Agreement (Conagra Foods Inc /De/)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.6(c), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless to the extent that the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Capstar Broadcasting Partners Inc)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder under Section 11.1 which is not subject to Section 7.2 11.3 because no third-party action Third Party Claim is involvedinvolved (a “Direct Claim”), the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs amounts which such Indemnified Party claims are subject to indemnification under the terms hereofof this Article XI. Subject to the limitations set forth in Section 7.4(a), the The failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless claim, except to the extent the resulting delay materially and adversely prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.)

Direct Claims. In any case in which an Indemnified Party seeks indemnification hereunder which is not subject to Section 7.2 11.3 because no third-party action is involved, the Indemnified Party shall notify the Indemnifying Party in writing of any Indemnified Costs which such Indemnified Party claims are subject to indemnification under the terms hereof. Subject to the limitations set forth in Section 7.4(a11.6(a), the failure of the Indemnified Party to exercise promptness in such notification shall not amount to a waiver of such claim unless the resulting delay materially prejudices the position of the Indemnifying Party with respect to such claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (Odyssey Healthcare Inc)

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