Common use of Method of Asserting Claims, Etc Clause in Contracts

Method of Asserting Claims, Etc. A Party making a claim for indemnification under this section 8 shall, for the purposes of this Agreement, be referred to as the “Indemnified Party” and the Party or Parties against whom such claim is asserted under this section 8 shall, for the purposes of this Agreement, be referred to as the “Indemnifying Party”. All claims by an Indemnified Party shall be asserted and resolved as follows:

Appears in 2 contracts

Samples: Agreement for the Sale of a Business as a Going Concern, Agreement for the Sale of a Business as a Going Concern (Escalon Medical Corp)

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Method of Asserting Claims, Etc. A Party making a claim for The party claiming indemnification ------------------------------- under this section 8 shall, for the purposes Section 9.1 or 9.2 of this Agreement, be Agreement hereinafter referred to as the "Indemnified Party" and the Party or Parties party against whom such claim claims are asserted hereunder is asserted under this section 8 shall, for the purposes of this Agreement, be hereinafter referred to as the "Indemnifying Party". All claims for indemnification by an any Indemnified Party under this Article IX shall be asserted and resolved conducted as follows:

Appears in 1 contract

Samples: Stock Purchase Agreement (Laboratory Specialists of America Inc)

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