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Objection to Claims Sample Clauses

Objection to ClaimsAfter the Effective Date, the Liquidation Manager on behalf of the Debtor and the Estate shall file all objections to Claims prior to the Claims Objection Deadline and the Administrative Claims Objection Deadline, as applicable.
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Objection to Claims. In the event that the Indemnifying Party shall, within thirty (30) calendar days following receipt of an Indemnification Claim Certificate, object (by written notice thereof delivered to the Indemnified Party) to any claim(s) set forth in such Indemnification Claim Certificate, the Indemnified Party and the Indemnifying Party shall first attempt to negotiate in good faith a written resolution of such disputed claim(s) within a period not to exceed thirty (30) calendar days from the date such written objection is delivered to the Indemnified Party. In the event the Indemnifying Party and the Indemnified Party cannot negotiate a written resolution to such disputed claim(s) during such thirty (30) calendar-day negotiation period, the parties may seek any remedies that may otherwise be available to them under this Agreement or otherwise.
Objection to Claims. If the Indemnifying Party shall deliver a Indemnification Objection to the Indemnified Party pursuant to Section 7.4(b), then, before any Party may take any legal enforcement action, the Indemnified Party and the Indemnifying Party shall first attempt to negotiate in good faith a written resolution of such disputed claim within a period not to exceed fifteen (15) Business Days from the date of delivery of such Indemnification Objection to the Indemnified Party. Such negotiations shall be conducted by officers of each of the Indemnifying Party and the Indemnified Party who have authorization to resolve such disputed claim.
Objection to Claims. Unless the Shareholders’ Representative shall notify the Holdback Agent and RDSI in writing within fifteen (15) days of delivery of an Officer’s Certificate that the Shareholders’ Representative objects to any claim or claims for Damages set forth therein, which notice shall include a reasonable explanation of the basis for such objection, upon the expiration of such fifteen (15) day period the Holdback Agent shall deliver to RDSI for cancellation a number of shares of Common Stock held in the Holdback Fund with a value equal to the Damages claimed in such Officer’s Certificate. If the Shareholders’ Representative shall timely notify the Holdback Agent and RDSI in writing that it objects to any claim or claims for Damages made in an Officer’s Certificate, RDSI shall have fifteen (15) days from receipt of such notice to respond in a written statement to the objection of the Shareholders’ Representative. If after such fifteen (15) day period there remains a dispute as to any claims set forth in such Officer’s Certificate, the Shareholders’ Representative and RDSI shall attempt in good faith for thirty (30) days to agree upon the rights of the respective parties with respect to each of such claims. If the Shareholders’ Representative and RDSI should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties. The Holdback Agent shall be entitled to rely on any such memorandum and distribute shares of RDSI Common Stock from the Holdback Fund in accordance with the terms thereof.
Objection to Claims. Any of the Credit Parties or any of their respective Subsidiaries shall support (in any such case by way of any motion or other pleading filed with the Bankruptcy Court or any other writing to another party-in-interest executed by or on behalf of any of the Credit Parties or any of their respective Subsidiaries) any other Person’s opposition of, any motion made in the Bankruptcy Court by any Lender seeking confirmation of the amount of the Lender’s claim or the validity and enforceability of the Liens in favor of the Lender;
Objection to Claims. If, within thirty (30) calendar days from the date the Indemnifying Party receives notice in accordance with Section 8.3(a) or 8.3(b), the Indemnifying Party does not notify the Indemnified Party in writing that the Indemnifying Party disputes such claim, the amount of such claim shall be conclusively deemed a Liability of the Indemnifying Party under this ARTICLE VIII (subject to the limits of this ARTICLE VIII). In case the Indemnifying Party timely objects in writing to any claim made in accordance with Section 8.3(a) or 8.3(b), the Indemnified Party shall have fifteen (15) calendar days to respond in a written statement to the objection of the Indemnifying Party. If after such fifteen (15) calendar day period there remains a dispute as to any claim, the parties shall attempt in good faith for thirty (30) calendar days to agree upon the rights of the respective parties with respect to such claim. If the parties should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties. If the parties do not so agree, the parties will resolve the conflict by any legally available means consistent with Section 9.10.
Objection to ClaimsIn the event the aggregate number of Escrowed Shares to be issued pursuant to claims for Damages made under Section 3(a), including the claim for Damages set forth in such Officer's Certificate, exceeds 350,000 Escrowed Shares, the Escrow Agent, for a period of ten days, shall make no delivery of Escrowed Shares unless the Escrow Agent shall have received written authorization from the Shareholders' Agent to make such delivery. After the expiration of such ten day period, the Escrow Agent shall make delivery of the Escrowed Shares or other property in the Escrow Fund, provided that no such payment or delivery may be made if the Shareholders' Agent shall object in a written statement to the claim made in the Officer's Certificate (a "Claim Objection") as set forth below in Section 4(d), and such statement shall have been delivered to the Escrow Agent and to the Indemnified Person prior to the expiration of such ten day period. Notwithstanding the foregoing, the Pooling Shareholders acknowledge that no Claim Objection shall be made with respect to any Judgment.
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Objection to Claims. At the time of delivery of any Claim Notice to the Shareholders’ Agents, on behalf of a Responsible Party, a duplicate copy of such Claim Notice shall be concurrently delivered to the Escrow Agent to the extent the Indemnified Party is entitled to seek, and shall have elected to seek, recovery of its Damages from the Escrow Fund, and for a period of forty-five (45) days after such delivery to the Escrow Agent, the Escrow Agent shall make no delivery of cash or other property pursuant to the Claim Notice unless the Escrow Agent shall have received written authorization from the Shareholders’ Agents to make such delivery. After the expiration of such forty-five (45) day period, the Escrow Agent shall make delivery of the cash or other property in the Escrow Fund in accordance with the Claim Notice, provided that no such payment or delivery may then be made if the Shareholders’ Agents shall have delivered a Dispute Notice to the Indemnified Party and duplicate copy of such Dispute Notice to the Escrow Agent, in each case prior to the expiration of such forty-five (45) day period.
Objection to ClaimsIn the event that the Indemnifying Party shall, within twenty (20) calendar days following receipt of an Indemnification Claim Certificate, object in writing to any claim set forth in such Indemnification Claim Certificate, prior to any Party taking any legal enforcement action, the Indemnified Party and the Indemnifying Party shall first attempt to negotiate in good faith a written resolution of such disputed claim within a period not to exceed thirty (30) calendar days from the date of receipt of a request for such negotiation. Such negotiations shall be conducted by officers of each of the Indemnifying Party and the Indemnified Party who have authorization to resolve such disputed claim.
Objection to Claims. At the time of delivery of any Officer's Certificate to the Escrow Agent, a duplicate copy of such certificate shall be delivered to the Shareholder Representative and for a period of forty-five (45) days after such delivery, the Escrow Agent shall make no delivery to Purchaser of amounts out of the Escrow Fund pursuant to Section 7.2(f) hereof unless the Escrow Agent shall have received written notification from the Shareholder Representative to make such delivery. After the expiration of such forty-five (45) day period, the Escrow Agent shall make delivery of shares of Purchaser Common Stock from the Escrow Fund in accordance with this Section 7.2, provided that no such payment or delivery shall be made if the Shareholder Representative shall object in writing to the claim made in the Officer's Certificate, and such statement shall have been delivered to the Escrow Agent prior to the expiration of such forty-five (45) day period.
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