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Common use of Payment of Indemnification Obligation Clause in Contracts

Payment of Indemnification Obligation. All indemnification by the Indemnifying Party hereunder shall be effected by payment of cash or delivery of a cashier's or certified check in the amount of the indemnification liability.

Appears in 2 contracts

Samples: Stock and Asset Acquisition Agreement (Navisite Inc), Stock and Asset Acquisition Agreement (Navisite Inc)

Payment of Indemnification Obligation. All indemnification by the Indemnifying a Party hereunder shall be effected by payment of cash or delivery of a cashier's or certified check in the amount of the indemnification liability.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intrinsix Corp)

Payment of Indemnification Obligation. All indemnification by ------------------------------------- the Indemnifying Party hereunder parties hereunder, shall be effected by payment of cash or delivery of a cashier's or certified check in the amount of the indemnification liability.

Appears in 1 contract

Samples: Agreement and Plan of Corporate Reorganization (Prodigy Communications Inc)

Payment of Indemnification Obligation. All indemnification by -------------------------------------- the Indemnifying Party hereunder shall be effected by payment of cash or delivery of a cashier's or certified check in the amount of the indemnification liability.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stronghold Technologies Inc)