Common use of Limitations on Seller’s Indemnification Obligations Clause in Contracts

Limitations on Seller’s Indemnification Obligations. 5.2.1 Buyer and its successors and permitted assigns shall not be entitled to indemnification under this Section unless a claim has been asserted by written notice delivered to Seller on or prior to the twenty four (24) month anniversary of the Closing, specifying the details of such alleged breach.

Appears in 3 contracts

Samples: Business Purchase and Sale Agreement (Smack Sportswear), Asset Exchange Agreement (Monster Offers), Asset Exchange Agreement (Monster Offers)

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Limitations on Seller’s Indemnification Obligations. 5.2.1 Buyer 11.2.1 Purchaser and its successors and permitted assigns shall not be entitled to indemnification under this Section unless a claim has been asserted by written notice delivered to Seller on or prior to the twenty four (24) month anniversary of the Closing, specifying the details of such alleged breach.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nostrad Telecommunications Inc), Stock Purchase Agreement (Security Biometrics Inc)

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Limitations on Seller’s Indemnification Obligations. 5.2.1 Buyer 12.2.1 Purchaser and its successors and permitted assigns shall not be entitled to indemnification under this Section unless a claim has been asserted by written notice delivered to Seller on or prior to the twenty four (24) month anniversary of the Closing, specifying the details of such alleged breach.

Appears in 1 contract

Samples: Exhibit 2 Agreement and Plan of Merger (Security Biometrics Inc)

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