Notification of Seller's Objections. 13.4.1 If the Seller objects to any Claim made by the Purchaser in accordance with Clause 13.1, it shall give a notice to the Purchaser objecting to the Claim within sixty (60) days following notification of such Claim. Such notice shall contain a statement of the basis of the Seller’s objections. 13.4.2 The Seller shall be deemed to accept any Claim made by the Purchaser in accordance with Clause 13.1 if it fails to give a notice of objection to the Purchaser pursuant to Clause 13.4.1, unless and to the extent that the Seller establishes that the Purchaser has not been prejudiced by such failure.
Appears in 4 contracts
Samples: Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV)
