Common use of Inter-Party Claims Clause in Contracts

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Judge Group Inc), Stock Purchase Agreement (Thermodynetics Inc), Asset Purchase Agreement (Judge Group Inc)

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Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall promptly notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 3 contracts

Samples: Merger Agreement (Fortune Diversified Industries Inc), Merger Agreement (Fortune Diversified Industries Inc), Merger Agreement (Fortune Diversified Industries Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 11 (the "Indemnified Party") shall notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Judge Group Inc), Asset Purchase Agreement (Integra Lifesciences Holdings Corp), Stock Purchase Agreement (Judge Group Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 Article 7 (the "Indemnified Party") shall notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's ’s assertion of such claim for indemnification, specifying describing the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records records, and assets of the Indemnified Party which that evidence or support such claim or the act, omission omission, or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 2 contracts

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

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall promptly notify in writing the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's ’s assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fortune Industries, Inc.), Stock Purchase Agreement (Fortune Industries, Inc.)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall promptly notify in writing the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Fortune Diversified Industries Inc), Stock Purchase Agreement (Fortune Diversified Industries Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 Article (the "Indemnified Party") shall notify the other party Party or parties Parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's ’s assertion of such claim for indemnification, specifying describing the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which that evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 1 contract

Samples: Merger Agreement (Protective Products of America, Inc.)

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Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified PartyINDEMNIFIED PARTY") shall notify the other party or parties from whom such indemnification is sought (the "Indemnifying PartyINDEMNIFYING PARTY") of the Indemnified Party's assertion of such claim for indemnification, specifying describing the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which that evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, and upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Netguru Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 Article 7 (the "Indemnified Party") shall notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's ’s assertion of such claim for indemnification, specifying describing the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records records, and assets of the Indemnified Party which evidence or support such claim or the act, omission omission, or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (InfoLogix Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall promptly notify the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fortune Diversified Industries Inc)

Inter-Party Claims. Any party seeking indemnification pursuant to this Section 10 (the "Indemnified Party") shall promptly notify in writing the other party or parties from whom such indemnification is sought (the "Indemnifying Party") of the Indemnified Party's ’s assertion of such claim for indemnification, specifying the basis of such claim. The Indemnified Party shall thereupon give the Indemnifying Party reasonable access to the books, records and assets of the Indemnified Party which evidence or support such claim or the act, omission or occurrence giving rise to such claim and the right, upon prior notice during normal business hours, to interview any appropriate personnel of the Indemnified Party related thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intercloud Systems, Inc.)

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