Common use of Failure to Provide Notice Clause in Contracts

Failure to Provide Notice. An Indemnified Party's failure to give reasonably prompt notice to the Stockholder Agent of any actual, threatened or possible claim or demand which may give rise to a right of indemnification hereunder shall not relieve the Indemnifying Parties of any liability which the Indemnifying Parties may have to such Indemnified Party, unless the failure to give such notice materially and adversely prejudiced the Indemnifying Parties.

Appears in 4 contracts

Samples: Merger Agreement (Superior Galleries Inc), Merger Agreement (Dgse Companies Inc), Merger Agreement (Superior Galleries Inc)

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