Indemnification Period. As used in this Article 7, the “Indemnification Period” shall be that period of time commencing on the Closing Date and continuing for 2 years thereafter.
Indemnification Period. The indemnification period shall terminate *** from the Closing Date (the "Termination Date"); provided, however, that if any of the Escrow Securities as set forth in this Section 8 are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to Xxxxxxx Xxxxxx as agent for the Indemnifying Parties (the "Stockholders' Agent") prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such Escrow Securities shall remain subject to this Section 8 until the resolution of such claims.
Indemnification Period. If Taxes, other than income taxes based on the sale of the Oil & Gas Interests from the Sellers to Purchaser, for which either the Sellers or Purchaser has an indemnification obligation under this Section 6.6 is paid by the respective indemnified Party (or any Affiliate of the indemnified Party), then, the indemnifying Party will make a payment to the indemnified Party for such Tax within sixty (60) Business Days after the indemnifying Party receives a written request for payment from the indemnified Party.
Indemnification Period. The Company’s obligations according to this Indemnification Undertaking shall remain in your favor and/or in favor of your estate, your heirs and other substitutes according to law, without any time limitation, and shall not be cancelled or changed otherwise than to your benefit, even after the termination of your employment at the Company and/or your tenure as Office Holder at the Company and/or at subsidiaries and/or affiliates of the Company and/or at the Other Corporation as hereinbefore defined, as the case may be, without relevance to the time of the disclosure of the event in respect to which you are entitled to indemnification according to this Indemnification Undertaking, provided that the acts in respect to which the indemnification shall be given are performed during the period of your employment at the Company and/or your tenure as Office Holder at the Company and/or at the Company’s subsidiaries and/or at the Company’s affiliates and/or in the said Other Corporation.
Indemnification Period. 1. The Indemnification period commences from the later of (i) the commencement of removal of the Artwork from the wall or shelf of the storage place of the Artwork for the purpose of shipment to the exhibition place, or transport in another manner; or (ii) the day of commencement of the indemnity stated in the Certificate for Government Indemnity. And, after passing through the ordinary course of transit, packing, unpacking, display, temporary storage, etc., it shall terminate at the earlier of (i) the delivery of the Artwork to the wall, shelf, or other place of storage instructed by the Owner and confirmation of a report on detailed conditions of the Artwork (hereinafter referred to as the "Condition Report") by the Contracting Institution and the Owner (including their agents); or (ii) the day of termination of the indemnity stated in the government indemnity certificate. Provided, however, during the indemnification period, no Artwork shall be covered by this Indemnity Contract until the Condition Report is confirmed by the Contracting Institution and the Owner (including their agents) at the time of initial packing.
2. Where the Minister, Contracting Institution, and the Owner agree to changes in the transport process, the indemnification period may be extended.
3. Subject to the two preceding paragraphs, this Indemnity Contract shall remain in force during delay beyond the control of the Contracting Institution or Owner, any deviation, unavoidable unloading, reloading or transshipment, or change in any risks (referring to the possibility of damage; the same shall apply hereinafter) arising from the exercise of discretion granted to the carriers under the contract of carriage.
Indemnification Period. Except as otherwise provided herein, the “Indemnification Period” shall be that period of time commencing on the Closing Date and continuing until January 5, 2009.
Indemnification Period. The "Indemnification Period" shall begin as of the Effective Time and shall expire upon the first to occur of (i) the expiration of six (6) months from the Effective Time and (ii) the first date following the Effective Time upon which there is issued by Air-Cure's auditors an independent audit report on Air-Cure which includes the combined operations of Air-Cure and Allied.
Indemnification Period. Any claim for indemnification under this Section 11 must be made and settled in full within one year from the Closing Date ("Indemnification Period"). Upon expiration of the Indemnification Period, this Section 11 is terminated and any claims for indemnification pursuant to this Section 11 are terminated.
Indemnification Period. The indemnification period shall terminate *** from the Closing Date (the "Termination Date"); provided, however, that if any of the Escrow Securities, Shares or Shares subject to Substituted Options subject to cancellation as set forth in this Section 8 are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to Xxxx Xxxxxxxxx as agent for the Indemnifying Parties (the "Securityholders' Agent") prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such Escrow Securities, Shares or Shares subject to Substituted Options shall remain subject to this Section 8 until the resolution of such claims.
Indemnification Period. The indemnification period shall terminate on the Termination Date; provided, however, that if any of the Escrow Fund as set forth in this ARTICLE VII is necessary to satisfy any unsatisfied claims specified in any Officer’s Certificate delivered to the Stockholders’ Agent (as defined below) prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such portion of the Escrow Fund shall remain subject to this ARTICLE VII until the resolution of such claims. As soon as all such claims, if any, have been resolved, the Escrow Agent shall deliver to the Target Stockholders the remaining portion of the Escrow Fund, subject to the terms of the Vesting Agreement, not required to satisfy such claims. Deliveries of the Shares remaining in the Escrow Fund to the Target Stockholders pursuant to this Section 7.4 shall be made ratably in proportion to their respective contributions to the Escrow Fund and Acquiror shall use all its commercially reasonable efforts to have such shares delivered within ten (10) business days of such resolution.
