Common use of Procedure for Matters Involving Third Parties Clause in Contracts

Procedure for Matters Involving Third Parties. (a) If any third party shall notify either of the parties to this Agreement (the “Indemnified Party”) with respect to any matter (a “Third-Party Claim”) that may give rise to a claim for indemnification against any other party to this Agreement (the “Indemnifying Party”) under this Article 10, then the Indemnified Party shall promptly issue a Claim Notice to the Indemnifying Party with respect thereto.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Interval Leisure Group, Inc.), Stock Purchase Agreement (Interval Leisure Group, Inc.), Stock Purchase Agreement (Gaylord Entertainment Co /De)

AutoNDA by SimpleDocs

Procedure for Matters Involving Third Parties. (a) If any third party shall notify either of the parties to this Agreement any Party (the "Indemnified Party") with respect to any matter (a “Third-"Third Party Claim") that which may give rise to a claim for indemnification against any other party to this Agreement Party (the "Indemnifying Party") under this Article 108, then the Indemnified Party shall promptly issue a --------- Claim Notice to the Indemnifying Party with respect thereto.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Enviro Clean of America Inc), Asset Purchase Agreement (Enviro Clean of America Inc)

Procedure for Matters Involving Third Parties. (a) If any third party shall notify either of the parties to this Agreement any Party (the "Indemnified Party") with respect to any matter (a “Third-"Third Party Claim") that which may give rise to a claim for indemnification against any other party to this Agreement Party (the "Indemnifying Party") under this Article 10ARTICLE VIII, then the Indemnified Party shall promptly issue a Claim Notice to the Indemnifying Party with respect thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nelson Thomas Inc)

Procedure for Matters Involving Third Parties. (a) The party from whom indemnification is sought is referred to as the "Indemnifying Party", and the Party who is seeking indemnification under this Article is referred to as the "Indemnified Party". If any third party shall notify either of the parties to this Agreement (the “any Indemnified Party”) Party with respect to any matter (a “Third-"Third Party Claim") that which may give rise to a claim for indemnification against any other party to this Agreement (the Indemnifying Party”) Party under this Article 108, then the Indemnified Party shall promptly issue a Claim Notice to the Indemnifying Party with respect thereto.

Appears in 1 contract

Samples: Purchase Agreement (Pegasus Solutions Inc)

AutoNDA by SimpleDocs

Procedure for Matters Involving Third Parties. (a) If any third party shall notify either of the parties to this Agreement any Party (the "Indemnified Party") with respect to any matter (a “Third-"Third Party Claim") that which may give rise to a claim for indemnification against any other party to this Agreement Party (the "Indemnifying Party") under this Article 106, then the Indemnified Party shall promptly issue a --------- Claim Notice to the Indemnifying Party with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (B2bstores Com Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!