Common use of Nature of Other Liabilities Clause in Contracts

Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity Claim which does not involve a Third Party Claim, the Indemnified Party shall transmit to the Indemnifying Party a written notice (the “Indemnity Notice”) describing in detail the nature of the Indemnity Claim and the basis of the Indemnified Party’s request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”).

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Trustwave Holdings, Inc.)

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Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity Claim a claim against any Indemnifying Party hereunder which does not involve a Third Party Claim, the Indemnified Party shall transmit to the Indemnifying Party a written notice (the "Indemnity Notice") describing in reasonable detail the nature of the Indemnity Claim claim and the basis of the Indemnified Party’s 's request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (E-Medsoft Com)

Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity a Claim against any Indemnifying Party hereunder which does not involve a Third Party Claim, the Indemnified Party shall transmit to the Indemnifying Party a written notice (the ‘‘Indemnity Notice’’) describing in reasonable detail the nature of the Indemnity Claim and the basis of the Indemnified Party’s 's request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Emcore Corp)

Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity Claim a claim against any Indemnifying Party hereunder which does not involve a Third Party Claim, the Indemnified Party shall transmit to the Indemnifying Party a written notice (the “Indemnity Notice”) describing in reasonable detail the nature of the Indemnity Claim claim (and the amount thereof, if then known), and the basis of the Indemnified Party’s request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Asset Purchase and Settlement Agreement (CastleRock Security Holdings, Inc.)

Nature of Other Liabilities. (a) In the event any Indemnified Party should have has an Indemnity Claim against any Indemnifying Party hereunder which does not involve a Third Party Claim, the Indemnified Party shall transmit to the Indemnifying Party a written notice (the “Indemnity Notice”) describing in reasonable detail the nature of the Indemnity Claim Claim, and the basis of the Indemnified Party’s request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kapstone Paper & Packaging Corp)

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Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity Claim which a claim against any Indemnifying Party hereunder that does not involve a Third Party Claim, the Indemnified Party shall promptly transmit to the Indemnifying Party a written notice (the “Indemnity Notice”) describing in reasonable detail the nature of the Indemnity Claim claim and the basis of the Indemnified Party’s request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Highbury Financial Inc)

Nature of Other Liabilities. (a) In the event any Indemnified Party should have an Indemnity Claim a claim against any Indemnifying Party hereunder which does not involve a Third Party Claim, the Indemnified Party shall promptly transmit to the Indemnifying Party a written notice (the "Indemnity Notice") to the Indemnifying Party, describing in reasonable detail the nature of the Indemnity Claim claim and the basis of the Indemnified Party’s 's request for indemnification and, if known by the Indemnified Party, a calculation of Losses attributable to such Indemnity Claim (“Asserted Damages Amount”)under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Readers Digest Association Inc)

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