Common use of Manner of Indemnification Clause in Contracts

Manner of Indemnification. All indemnification by either party hereunder shall be effected by payment of cash or delivery of a certified or official bank check in immediately available funds in the amount of the indemnification liability.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Industrial Holdings Inc), Stock Purchase Agreement (T-3 Energy Services Inc), Stock Purchase Agreement (T-3 Energy Services Inc)

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Manner of Indemnification. All indemnification by either party hereunder shall be effected by payment of cash or delivery of a certified or official bank check in immediately available funds in the amount of the indemnification liability, or in the case of Losses by Buyer, from the Escrow Amount (if there are sufficient funds therein).

Appears in 1 contract

Samples: Stock Purchase Agreement (T-3 Energy Services Inc)

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