Indemnity Payments. In the event that either Party agrees to, or is determined to have an obligation to, reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc), Asset Purchase Agreement (Collegium Pharmaceutical, Inc), Asset Purchase Agreement (Assertio Therapeutics, Inc)
Indemnity Payments. In the event that either any Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party. All payments made pursuant to this Article VIII shall be treated for Tax purposes as an adjustment to the Purchase Price, unless otherwise required by applicable Law.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement (Cornerstone Therapeutics Inc), Assignment and Assumption Agreement (Cornerstone Therapeutics Inc)
Indemnity Payments. In the event that either Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.), Asset Purchase Agreement (Prestige Brands Holdings, Inc.)
Indemnity Payments. In the event that either Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIIIVII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Upstream Bio, Inc.), Asset Purchase Agreement (Upstream Bio, Inc.)
Indemnity Payments. In the event that either Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIII9, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Igi Laboratories, Inc), Asset Purchase Agreement (Igi Laboratories, Inc)
Indemnity Payments. In the event that either Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIII11, the Indemnifying Party shall promptly pay such amount (without deduction) to the Indemnified Party in U.S. Dollars dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party. Any payments made pursuant to this Article 11 shall be deemed to be treated for all purposes, including Tax purposes, as adjustments to the Purchase Price.
Appears in 1 contract
Indemnity Payments. In the event that either Party agrees to, or is determined to have has an obligation to, reimburse the other Party for Losses as provided in this Article ARTICLE VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 1 contract
Samples: Asset Purchase Agreement (Vivus Inc)
Indemnity Payments. In the event that either Party any party agrees to, or is determined to have an obligation to, reimburse the other Party pay another party for Losses as provided in this Article VIII12, the Indemnifying Party shall shall, subject to its rights under Section 12.8, if applicable, promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts account(s) specified in writing by the Indemnified Party.
Appears in 1 contract
Samples: Commercialization Agreement (Collegium Pharmaceutical, Inc)
Indemnity Payments. In the event that either Party agrees to, or is determined to have an obligation to, reimburse the other Party for Losses as provided in this Article VIIIARTICLE VII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 1 contract
Samples: Asset Purchase Agreement (Vanda Pharmaceuticals Inc.)
Indemnity Payments. In the event that either Party agrees to, or is determined to have an obligation to, reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party, unless offset pursuant to Section 8.11.
Appears in 1 contract
Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc)
Indemnity Payments. In the event that either Party agrees to, to or is determined to have an obligation to, to reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars (in an amount determined, in the case of a Loss incurred in a currency other than Dollars, based on the Dollar / Peso Exchange Rate or the Conversion Rate, as applicable, on the date of payment) via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.
Appears in 1 contract
