Common use of Notice of Indemnification Claim Clause in Contracts

Notice of Indemnification Claim. (a) The indemnified party may assert an indemnification claim by giving written notice of the indemnification claim to the indemnifying party. The indemnified party’s notice shall provide reasonable detail of the facts giving rise to the indemnification claim and a statement of the indemnified party’s Loss or an estimate of the Loss that the indemnified party reasonably anticipates that it will suffer. The indemnified party may amend or supplement its indemnification claim at any time, and more than once, by written notice to the indemnifying party. (b) If or to the extent that the indemnification claim is not in respect of a Third Party Suit, Section 18 shall apply. If or to the extent that the indemnification claim is in respect of a Third Party Suit, Section 19 shall apply.

Appears in 8 contracts

Samples: Asset and Franchise Purchase Agreement, Asset and Franchise Purchase Agreement, Asset and Franchise Purchase Agreement (JOINT Corp)

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Notice of Indemnification Claim. (a) The indemnified party may assert an indemnification claim Indemnification Claim by giving written notice of the indemnification claim Indemnification Claim to the indemnifying party. The indemnified party’s notice shall provide reasonable detail of the facts giving rise to the indemnification claim Indemnification Claim and a statement of the indemnified party’s Loss or an estimate of the Loss that the indemnified party reasonably anticipates that it will suffer. The indemnified party may amend or supplement its indemnification claim Indemnification Claim at any time, and more than once, by written notice to the indemnifying party. (b) If or to the extent that the indemnification claim Indemnification Claim is not in respect of a Third Party Suit, Section 18 shall apply. If or to the extent that the indemnification claim Indemnification Claim is in respect of a Third Party Suit, Section 19 shall apply.

Appears in 8 contracts

Samples: Asset Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp)

Notice of Indemnification Claim. (a) The indemnified party may assert an indemnification claim Indemnification Claim by giving written notice of the indemnification claim Indemnification Claim to the indemnifying party. The indemnified party’s notice shall provide reasonable detail of the facts giving rise to the indemnification claim Indemnification Claim and a statement of the indemnified party’s Loss or an estimate of the Loss that the indemnified party reasonably anticipates that it will suffer. The indemnified party may amend or supplement its indemnification claim Indemnification Claim at any time, and more than once, by written notice to the indemnifying party. (b) If or to the extent that the indemnification claim Indemnification Claim is not in respect of a Third Third-Party Suit, Section 18 shall apply. If or to the extent that the indemnification claim Indemnification Claim is in respect of a Third Third-Party Suit, Section 19 shall apply.

Appears in 4 contracts

Samples: Asset and Franchise Agreement Purchase Agreement (JOINT Corp), Asset and Franchise Agreement Purchase Agreement (JOINT Corp), Asset and Franchise Agreement Purchase Agreement (JOINT Corp)

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Notice of Indemnification Claim. (a) The indemnified party may assert an indemnification claim by giving written notice of the indemnification claim to the indemnifying party. The indemnified party’s notice shall provide reasonable detail of the facts giving rise to the indemnification claim and a statement of the indemnified party’s Loss or an estimate of the Loss that the indemnified party reasonably anticipates that it will suffer. The indemnified party may amend or supplement its indemnification claim at any time, and more than once, by written notice to the indemnifying party. (b) If or to the extent that the indemnification claim is not in respect of a Third Party Suit, Section 18 17 shall apply. If or to the extent that the indemnification claim is in respect of a Third Party Suit, Section 19 18 shall apply.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

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