Common use of Failure to Give Timely Notice Clause in Contracts

Failure to Give Timely Notice. A failure by an indemnified person to give timely, complete or accurate notice as provided in Section 5.3 will not affect the rights or obligations of any party hereunder except and only to the extent that such failure results in actual prejudice to the indemnifying person.

Appears in 2 contracts

Samples: Securities Repurchase Agreement (Contango Oil & Gas Co), Securities Repurchase Agreement (Southern Ute Indian Tribe Dba Suit Growth Fund)

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Failure to Give Timely Notice. A failure by an indemnified ----------------------------- person to give timely, complete or accurate notice as provided in Section 5.3 4.3 ----------- will not affect the rights or obligations of any party hereunder except and only to the extent that such failure results in actual prejudice to the indemnifying person.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Contango Oil & Gas Co), Asset Purchase Agreement (Contango Oil & Gas Co)

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