Common use of Objections to and Payment of Claims Clause in Contracts

Objections to and Payment of Claims. (a) The Purchaser or, the Shareholders Representative, as applicable (each, an “Objecting Party”) may object to any Liability Claim set forth in such Claims Notice by delivering written notice to the Claiming Party (an “Objection Notice”). Such Objection Notice must describe the grounds for such objection in reasonable detail.

Appears in 1 contract

Samples: Share Purchase Agreement (Group 1 Automotive Inc)

AutoNDA by SimpleDocs

Objections to and Payment of Claims. (aj) The Purchaser Purchaser, the Representative or, in the Shareholders Representativecase of a Liability Claim with respect to a Direct Shareholder Claim, the applicable Indemnitor, as applicable (eachthe case may be, an “Objecting Party”) may object to any Liability Claim set forth in such Claims Notice by delivering written notice to the Claiming Party pursuant to the terms of this Section 8.5 (an “Objection Notice”). Such Objection Notice must describe the grounds for such objection in reasonable detail.

Appears in 1 contract

Samples: Share Exchange Agreement (Agenus Inc)

Objections to and Payment of Claims. (a) The Purchaser Representative or, in the Shareholders Representativecase of a Liability Claim with respect to a Direct Shareholder Claim, as the applicable (each, an “Objecting Party”) Indemnitor may object to any Liability Claim set forth in such Claims Notice by delivering written notice to Purchaser of the Claiming Party Representative’s objection or, in respect of a Direct Shareholder Claim, the applicable Indemnitor’s objection (an “Objection Notice”). Such Objection Notice must describe the grounds for such objection in reasonable detail.

Appears in 1 contract

Samples: Stock Purchase Agreement (Datawatch Corp)

AutoNDA by SimpleDocs

Objections to and Payment of Claims. (a) The Purchaser Purchaser, the Representative or, in the Shareholders Representativecase of a Liability Claim with respect to a Direct Securityholder Claim, the applicable Indemnitor, as applicable (eachthe case may be, an “Objecting Party”) may object to any Liability Claim set forth in such Claims Notice by delivering written notice to the Claiming Party pursuant to the terms of this Section 7.5 (an “Objection Notice”). Such Objection Notice must describe the grounds for such objection in reasonable detail.

Appears in 1 contract

Samples: Purchase Agreement (Agenus Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.