Common use of Indemnification Claims Clause in Contracts

Indemnification Claims. If either Party hereto (the "Claimant") wishes to assert an indemnification claim against the other Party hereto, the Claimant shall deliver to the other Party a written notice setting forth: (a) the specific representation and warranty alleged to have been breached by such other Party; (b) a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Infe Human Resources Inc), Asset Purchase Agreement (Infe Human Resources Inc), Asset Purchase Agreement (Infe Human Resources Inc)

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Indemnification Claims. If either Party party hereto (the "Claimant") wishes to ---------------------------- assert an indemnification claim against the other Party party hereto, the Claimant shall deliver to the other Party party a written notice setting forth: (a) the specific representation and warranty alleged to have been breached by such other Partyparty; (b) a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Internet Business International Inc), Asset Purchase Agreement (Internet Business International Inc), Asset Purchase Agreement (Kanakaris Wireless)

Indemnification Claims. If either Party hereto (the "Claimant") wishes to assert an indemnification claim against the other Party hereto, the Claimant shall deliver to the other Party a written notice setting forth: (a) the specific representation and warranty alleged to have been breached by such other Party; (b) a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 1 contract

Samples: Asset Purchase Agreement (Strata Capital Corp)

Indemnification Claims. If either Party party hereto (the "Claimant") wishes to assert an indemnification claim against the other Party party hereto, the Claimant shall deliver to the other Party party a written notice setting forth: (a) 12.3.1 the specific representation and warranty alleged to have been breached by such other Partyparty; (b) 12.3.2 a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) 12.3.3 a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Imaging Resources Inc.)

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Indemnification Claims. If either Party party hereto (the "Claimant") wishes to assert an indemnification claim against the other Party party hereto, the Claimant shall deliver to the other Party party a written notice setting forth: (a) 8.3.1 the specific representation and warranty alleged to have been breached by such other Partyparty; (b) 8.3.2 a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) 8.3.3 a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 1 contract

Samples: Asset Purchase Agreement (Matrix Bancorp Inc)

Indemnification Claims. If either Party party hereto (the "Claimantthe"Claimant") wishes to assert an indemnification claim against the other Party party hereto, the Claimant shall deliver to the other Party party a written notice setting forth: (a) 8.3.1 the specific representation and warranty or covenant alleged to have been breached by such other Partyparty; (b) 8.3.2 a detailed description of the facts and circumstances giving rise to the alleged breach of such representation and warranty; and (c) 8.3.3 a detailed description of, and a reasonable estimate of the total amount of, the Damages actually incurred or expected to be incurred by the Claimant as a direct result of such alleged breach.

Appears in 1 contract

Samples: Asset Purchase Agreement (New York Health Care Inc)

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