Common use of Escrow Agent Notices Clause in Contracts

Escrow Agent Notices. (i) The Purchaser and the Seller agree that if the Purchaser, or another Purchaser Indemnitee, submits a claim for indemnification pursuant to this Section 8.1 that the Seller does not dispute by delivering written notice to the Purchaser within 20 Business Days of the date it receives written notice of such claim, the Purchaser and the Seller shall promptly prepare and deliver a written notice to the Escrow Agent, in accordance with the terms and conditions of the Escrow Agreement, which states the identity of the appropriate Purchaser Indemnitee and the amount of Losses suffered by such Purchaser Indemnitee that are subject to indemnification pursuant to this Section 8.1.

Appears in 3 contracts

Samples: Acquisition Agreement (Dvi Inc), Acquisition Agreement (U S Diagnostic Inc), Acquisition Agreement (U S Diagnostic Inc)

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Escrow Agent Notices. (i) The Purchaser and the Seller agree that if the Purchaser, or another Purchaser Indemnitee, submits a claim for indemnification pursuant to this Section 8.1 8.9 that the Seller does not dispute by delivering written notice to the Purchaser within 20 Business Days calendar days of the date it receives written notice of such claim, the Purchaser and the Seller shall promptly prepare and deliver a written notice to the Escrow Agent, in accordance with the terms and conditions of the Escrow Agreement, which states the identity of the appropriate Purchaser Indemnitee and the amount of Losses suffered by such Purchaser Indemnitee that are subject to indemnification pursuant to this Section 8.18.9.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vlasic Foods International Inc)

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Escrow Agent Notices. (i) The Purchaser and the Seller agree that if the Purchaser, or another Purchaser Indemnitee, submits a claim for indemnification pursuant to this Section 8.1 8.9 that the Seller does not dispute by delivering written notice to the Purchaser within 20 Business Days calendar days of the date it receives written notice of such claim, the Purchaser and the Seller shall promptly prepare and deliver a written notice to the Escrow Agent, in accordance with the terms and conditions of the Escrow Agreement, which states 72 74 the identity of the appropriate Purchaser Indemnitee and the amount of Losses suffered by such Purchaser Indemnitee that are subject to indemnification pursuant to this Section 8.18.9.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vlasic Foods International Inc)

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