Other Claims for Indemnification. Any claim in respect of a Liability which does not relate to, arise out of or result from a Third Party Claim shall be asserted by written notice from the Indemnitee to the Indemnifying Party stating the specific provisions of this Agreement or any Ancillary Agreement upon which such claim is based. Such Indemnifying Party shall have a period of twenty (20) days from actual receipt of the notice within which to respond thereto. If such Indemnifying Party does not respond within such 20-day period, then such Indemnifying Party shall be deemed to have denied responsibility for such claim.
Appears in 7 contracts
Samples: Indemnification and Insurance Matters Agreement, Form of Indemnification and Insurance Matters Agreement (InB:Biotechnologies, Inc.), Indemnification and Insurance Matters Agreement (Omega Flex, Inc.)
