Common use of INDEMNIFICATION PROCEDURE -- OTHER CLAIMS Clause in Contracts

INDEMNIFICATION PROCEDURE -- OTHER CLAIMS. A claim for indemnification for any matter not involving a Third-Party Claim may be asserted by giving the Indemnifying Party reasonably prompt written notice thereof, and the Indemnifying Party will have a period of thirty (30) calendar days within which to satisfy such Direct Claim. If the Indemnifying Party does not so respond within such thirty (30) calendar day period, the Indemnifying Party will be deemed to have rejected such Direct Claim, in which event the Indemnitee will be free to pursue such remedies as may be available to the Indemnitee under this Article 11.

Appears in 2 contracts

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp), Agreement and Plan of Organization (Luminant Worldwide Corp)

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INDEMNIFICATION PROCEDURE -- OTHER CLAIMS. A claim for indemnification for any matter not involving a Third-Party Claim (a "Direct Claim") may be asserted by giving the Indemnifying Party reasonably prompt written notice thereof, and the Indemnifying Party will have a period of thirty (30) calendar days within which to satisfy such Direct Claim. If the Indemnifying Party does not so respond within such thirty (30) calendar day period, the Indemnifying Party will be deemed to have rejected such Direct Claim, in which event the Indemnitee Indemnified Party will be free to pursue such remedies as may be available to the Indemnitee Indemnified Party under this Article 11.

Appears in 2 contracts

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp), Agreement and Plan of Organization (Luminant Worldwide Corp)

INDEMNIFICATION PROCEDURE -- OTHER CLAIMS. A claim for indemnification for any matter not involving a Third-Party Claim may be asserted by giving the Indemnifying Party reasonably prompt written notice thereof, and the Indemnifying Party will have a period of thirty (30) calendar days within which to satisfy such Direct Claim. If the Indemnifying Party does not so respond within such thirty (30) calendar day period, the Indemnifying Party will be deemed to have rejected such Direct Claim, in which event the Indemnitee Indemnified Party will be free to pursue such remedies as may be available to the Indemnitee Indemnified Party under this Article 11.

Appears in 2 contracts

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp), Contribution Agreement (Luminant Worldwide Corp)

INDEMNIFICATION PROCEDURE -- OTHER CLAIMS. A claim for indemnification for any matter not involving a Third-Party Claim (a "Direct Claim") may be asserted by giving the 58 Indemnifying Party reasonably prompt written notice thereof, and the Indemnifying Party will have a period of thirty (30) calendar days within which to satisfy such Direct Claim. If the Indemnifying Party does not so respond within such thirty (30) calendar day period, the Indemnifying Party will be deemed to have rejected such Direct Claim, in which event the Indemnitee Indemnified Party will be free to pursue such remedies as may be available to the Indemnitee Indemnified Party under this Article 11.

Appears in 1 contract

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp)

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INDEMNIFICATION PROCEDURE -- OTHER CLAIMS. A claim for indemnification for any matter not involving a Third-Party Claim (a "Direct Claim") may be asserted by giving the Indemnifying Party reasonably prompt written notice thereof, and the Indemnifying Party will have a period of thirty (30) calendar days within which to satisfy such Direct Claim. If the Indemnifying Party does not so respond within such thirty (30) calendar day period, the Indemnifying Party will be deemed to have rejected such Direct Claim, in which event the Indemnitee will be free to pursue such remedies as may be available to the Indemnitee under this Article 11.

Appears in 1 contract

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp)

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