Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable Loss, subject, in the case of an Indemnification Claim by Buyer, to the Threshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a). (b) If the Indemnifying Party gives Notice to the Indemnified Party within the objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in Chicago, Illinois in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Party. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Samples: Stock Purchase Agreement (Fenix Parts, Inc.), Stock Purchase Agreement (Fenix Parts, Inc.)
Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a11.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoBuffalo, Illinois New York in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
Appears in 2 contracts
Samples: Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.)
Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerF5 Finishes, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoSanta Xxxxx County, Illinois California in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
Appears in 2 contracts
Samples: Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc)
Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoAlbany, Illinois New York, or at such other location as may be agreed upon by the Parties, in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable Loss, subject, in the case of an Indemnification Claim by Buyer, to the Threshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a).
(b) If the Indemnifying Party gives Notice to the Indemnified Party within the objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoNewark, Illinois New Jersey in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Party. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoBuffalo, Illinois New York in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoJacksonville, Illinois in Florida accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerF5 Finishes, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoPrince George’s County, Illinois Maryland in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in Chicagothe Newark, Illinois New Jersey area in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerF5 Finishes, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoHillsborough County, Illinois Florida in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerFenix, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in Chicagothe Syracuse area, Illinois New York in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerF5 Finishes, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoEssex County, Illinois New Jersey in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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Resolution of Claims. (a) If the Indemnifying Party does not object to an Indemnification Claim during the 30-day period following receipt of the Indemnified Party’s Notice of its Indemnification Claim, the Indemnified Party’s Indemnification Claim shall be considered undisputed, and the Indemnified Party shall be entitled to recover the actual amount of its Indemnifiable LossLoss from the Indemnifying Party, subject, in the case of an Indemnification Claim by BuyerF5 Finishes, to the Thresholdthreshold, if any, in Section 9.3(a) and to the applicable cap in Section 9.4(a10.3(a).
(b) If the Indemnifying Party gives written Notice to the Indemnified Party within the 30-day objection period that the Indemnifying Party objects to the Indemnified Party’s Indemnification Claim, the Indemnifying Party and the Indemnified Party shall attempt in good faith to resolve their differences during the 30-day period following the Indemnified Party’s receipt of the Indemnifying Party’s Notice of its objection. If they fail to resolve their disagreement during this 30-day period, either of them may unilaterally submit the disputed Indemnification Claim for binding arbitration before the American Arbitration Association in ChicagoLos Angeles County, Illinois California in accordance with its rules for commercial arbitration in effect at the time. The award of the arbitrator or panel of arbitrators may include attorneys’ fees to the prevailing Partyparty. The prevailing Party may enforce the award of the arbitrator or panel of arbitrators in any court of competent jurisdiction.
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