Indemnity Payment. Any payment made by any Indemnifying Party to any Indemnitee pursuant to this Article VIII shall be made promptly (and in any event no later than ten (10) Business Days) following (a) settlement of any claim in accordance with Section 8.4, or (b) upon entry by a court of competent jurisdiction of a final and non-appealable judgment or order or judgment or order not timely appealed.
Appears in 2 contracts
Samples: Investment Agreement (Colony Capital, Inc.), Investment Agreement (Colony Capital, Inc.)
Indemnity Payment. (a) Any payment made by any Indemnifying Party to any Indemnitee pursuant to this Article VIII X shall be made promptly (promptly, and in any event no later than ten (10) Business Days) Days following (ai) settlement of any claim in accordance with Section 8.4, 10.4 or (bii) upon entry by a court of competent jurisdiction of a final and non-appealable judgment or order or judgment or order not timely appealedan Order.
Appears in 1 contract
Samples: Transaction Agreement (TPG Inc.)
Indemnity Payment. Any payment made by any Indemnifying Party to any Indemnitee pursuant to this Article VIII VI shall be made promptly (and in any event no later than ten (10) Business Days) following (a) settlement of any claim in accordance with Section 8.46.4, or (b) upon entry by a court of competent jurisdiction of a final and non-appealable judgment or order or judgment or order not timely appealed.
Appears in 1 contract