Common use of Indemnification Objection Clause in Contracts

Indemnification Objection. The Indemnifying Party may object to such claim for indemnification, by written notice to the Indemnified Party (an “Indemnification Objection”) specifying in reasonable detail the basis for the Indemnifying Party’s objection, within twenty (20) Business Days following receipt by the Indemnifying Party of the Indemnification Claim Certificate regarding such claim for indemnification.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Bankrate Inc), Asset Purchase Agreement (Bankrate Inc)

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Indemnification Objection. The An Indemnifying Party may object make a written objection ("Indemnification Objection") to any claim for indemnification by an Indemnified Party. The failure to deliver any Indemnification Objection to the other Party within 20 days after written notice is given to such claim for indemnification, by written notice to Party stating that the Indemnified Party (has incurred Losses will be deemed an “Indemnification Objection”) specifying in reasonable detail acceptance of and agreement to the basis for the Indemnifying Party’s objection, within twenty (20) Business Days following receipt by the Indemnifying Party of the Indemnification Claim Certificate regarding such claim for indemnificationindemnification claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Malibu Boats, Inc.)

Indemnification Objection. The An Indemnifying Party may object to such claim for indemnification, by make a written notice to the Indemnified Party objection (an “Indemnification Objection”) specifying in reasonable detail the basis for the Indemnifying Party’s objection, within twenty (20) Business Days following receipt by the Indemnifying Party of the Indemnification Claim Certificate regarding such to any claim for indemnificationindemnification by an Indemnified Party. The applicable Party will deliver any Indemnification Objection to the other Party within 20 days after written notice is given to such Party stating that the Indemnified Party has incurred Losses.

Appears in 1 contract

Samples: Unit Purchase Agreement (Malibu Boats, Inc.)

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Indemnification Objection. The Indemnifying Party may object to such claim for indemnification, by written notice to the Indemnified Party (an “Indemnification Objection”) specifying in reasonable detail the basis for the Indemnifying Party’s objection, within twenty thirty (2030) Business Days calendar days following receipt by the Indemnifying Party of the Indemnification Claim Certificate regarding such claim for indemnification.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bankrate Inc)

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