Negative Response Sample Clauses
A Negative Response clause defines the consequences or procedures that follow when a party explicitly declines or fails to accept an offer, request, or proposal within a contract. Typically, this clause outlines what constitutes a negative response—such as written rejection, silence, or non-performance—and specifies the resulting actions, like termination of negotiations or withdrawal of the offer. Its core function is to provide clarity and certainty about the outcome when a party does not agree, thereby preventing misunderstandings and ensuring that both parties are aware of the implications of a negative reply.
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Negative Response. In the event the responding party does not have an item of the information requested, the responding party shall give a written negative response as to that particular item within the time specified for response, but shall respond fully as to the information which the responding party does possess. The responding party shall comply with (4) above after such negative response.
Negative Response. Should the Sellers’ response be (i) the Sellers’ total a partial opposition to accepting the Indemnifiable Damages or paying for their amount; (ii) to reject that the Third-Party Claim could eventually lead to Indemnifiable Damages; or (iii) when the Sellers do not respond to or ignore the Notice of Claim, or when they respond elusively or ambiguously, or when they do not clearly give a positive response as set forth in section (b) hereunder, then the Buyer, the Holding Companies or the Matchmind Group Companies in question may exercise the defense they may deem most suitable against the Third-Party Claim, including reaching a settlement (through the courts or out of them) or putting up a defense against the claim, without the Sellers having any right to limit in any way whatsoever this entitlement of the Buyer. Notwithstanding the above, the Buyer may not acquiesce to the Third-Party claim without the Sellers’ express written consent, which may not be unreasonably withheld. The defense by the Buyer, the Holding Companies or the Matchmind Group Companies against the Third-Party Claim shall be construed to be without prejudice to the Buyer’s right to initiate the procedure set forth in Clause 15.2 at any moment from the Sellers’ response (express or through silence). The Sellers, either directly or through the advisors they may appoint, shall be entitled to be regularly informed about the course of the Third-Party Claim in question.
Negative Response. The second of two consecutive responses other than HTTP 200, or the second of two non-responses, received from a target web page monitored using a standard HTTP Get request from two separate geographic locations.