Common use of Termination of Indemnification Obligations of the Purchaser Clause in Contracts

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 hereof shall terminate on June 30, 2000, except as to matters as to which any Stockholder Indemnified Party has made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Razorfish Inc)

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Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 7.3 hereof shall terminate on June April 30, 20002012, except as to matters as to which any Stockholder Indemnified Party has WWG or the Principals have made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto for such party shall survive the expiration of such period until such claim for indemnification is finally resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (MDC Partners Inc)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 hereof shall terminate on June 30March 27, 2000, 2002 except as to matters as to which any Stockholder Indemnified Party the Seller has made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is resolved and any obligations with respect thereto are fully satisfiedsatisfied and except to any Fidelity Liability, which shall continue to survive.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fidelity Holdings Inc)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ Subject to Section 8.6.5, the obligation of the Purchaser to indemnify under Section 8.3 hereof shall terminate on June 30, 20002013, except as to matters as to which any Stockholder Company Indemnified Party has made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Asset Purchase Agreement (Majesco Entertainment Co)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 hereof shall terminate on June 30July 31, 2000, 2003 except as to matters as to which any Stockholder Indemnified Party the Seller has made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is resolved and any obligations with respect thereto are fully satisfied.satisfied and except to any Major Liability, which shall continue to survive..

Appears in 1 contract

Samples: Stock Purchase Agreement (Major Automotive Companies Inc)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under clause (i) of Section 8.3 hereof shall terminate on June 30, 2000, 2002 except as to matters as to which any Stockholder Stockholders Indemnified Party has made a claim for indemnification or given a Claims Notice under Section 8.4 above hereof on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such the related claim for indemnification is has been finally resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Stock Exchange Agreement (Agency Com LTD)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 7.3 hereof shall terminate on June 30, 20002012, except as to matters as to which any Stockholder Indemnified Party has IMS Holdco or the Principals have made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto for such party shall survive the expiration of such period until such claim for indemnification is finally resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Membership Unit Purchase Agreement (MDC Partners Inc)

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Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under Section 8.3 hereof 10.3 (a) shall terminate on June 30, 2000eighteen (18) months following the Closing Date, except as to matters as to which any Stockholder Seller Indemnified Party has have made a good faith claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is finally resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pdi Inc)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ ----------------------------------------------------------- obligation of the Purchaser to indemnify under Section 8.3 7.3 hereof shall terminate on June 30, 2000, except as to matters as to which any Stockholder Indemnified Party has made a claim for indemnification under Section 8.4 above on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such claim for indemnification is resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Razorfish Inc)

Termination of Indemnification Obligations of the Purchaser. The ------------------------------------------------------------ obligation of the Purchaser to indemnify under clause (i) of Section 8.3 hereof shall terminate on June 30, 2000, 2001 except as to matters as to which any Stockholder Seller Indemnified Party has made a claim for indemnification or given a Claims Notice under Section 8.4 above hereof on or prior to such date, in which case the right to indemnification with respect thereto shall survive such period until such the related claim for indemnification is has been finally resolved and any obligations with respect thereto are fully satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Agency Com LTD)

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