Common use of Time for Claims Clause in Contracts

Time for Claims. No Indemnifying Party will be liable for any Losses hereunder arising out of a breach of representation or warranty unless a written claim for indemnification is given by the Indemnified Party to the Indemnifying Party on or prior to the third anniversary of the date on which the registration statement covering the resale of the Shares initially became effective.

Time for Claims. No Indemnifying Party will be liable for any Losses hereunder arising out of a breach of representation or warranty unless a written claim for indemnification is given by the Indemnified Party to the Indemnifying Party on or prior to the third anniversary of the date on which the registration statement covering the resale of the Shares, Conversion Shares and Warrant Shares initially became effective.

Time for Claims. No Indemnifying Party will be liable for any Losses hereunder arising out of a breach of any representation or warranty unless a written claim for indemnification is given by the Indemnified Party to the Indemnifying Party on or prior to the third anniversary of the date on which the registration statement covering the resale of the Shares and the Warrant Shares initially became effectiveeffective unless any such Losses arose out of or are related to any fraud, bad faith or willful misconduct on the part of the Indemnifying Party.

Time for Claims. No Indemnifying Party will be liable for any Losses hereunder arising out of a breach of representation or warranty unless a written claim for indemnification is given by the Indemnified Party to the Indemnifying Party on or prior to the third anniversary of the date on which the a registration statement covering the resale of the Shares initially became effective.