Common use of Notice of Damages Clause in Contracts

Notice of Damages. An Indemnified Party will give the Indemnitor prompt notice (hereinafter, the "Indemnification Notice") of any demands, claims, actions or causes of action (collectively, "Claims") asserted against the Indemnified Party. Failure to give such notice shall not relieve the Indemnitor of any obligations which the Indemnitor may have to the Indemnified Party under this Section 2, except to the extent that such failure has materially adversely prejudiced the Indemnitor under the provisions for indemnification contained in this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (Equant Nv), Indemnification Agreement (Techforce Corp)

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Notice of Damages. An Indemnified Party will give the Indemnitor prompt notice (hereinafter, the "Indemnification Notice") of any demands, claims, actions or causes of action (collectively, "Claims") asserted against the Indemnified Party. Failure to give such notice shall not relieve the Indemnitor of any obligations which the Indemnitor may have to the Indemnified Party under this Section 29, except to the extent that such failure has materially adversely prejudiced the Indemnitor under the provisions for indemnification contained in this Agreement.

Appears in 2 contracts

Samples: Stock Option and Tender Agreement (Wolters Kluwer Us Corp), Stock Option and Tender Agreement (Ovid Technologies Inc)

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