Time Limitations; Indemnification by Securityholders. If the Closing occurs, the Indemnifying Party shall have no Liability pursuant to Section 8.2 or Section 8.3 or of this Agreement unless an Indemnified Party gives notice to the Indemnifying Party of an actual Claim under Section 8.2 or Section 8.3 within the applicable timeframe, if any, specified in Section 8.1, which notice shall specify the factual basis of that Claim in reasonable detail to the extent then known by such Indemnified Party.
Appears in 2 contracts
Samples: Purchase Agreement (Telecommunication Systems Inc /Fa/), Purchase Agreement (Aether Systems Inc)
Time Limitations; Indemnification by Securityholders. If the Closing occurs, the Indemnifying Party shall have no Liability pursuant to Section 8.2 10.2 or Section 8.3 10.3 or of this Agreement unless an Indemnified Party gives notice to the Indemnifying Party of an actual Claim under Section 8.2 10.2 or Section 8.3 10.3 within the applicable timeframe, if any, specified in Section 8.110.1, which notice shall specify the factual basis of that Claim in reasonable detail to the extent then known by such Indemnified Party.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Stockgroup Information Systems Inc)
Time Limitations; Indemnification by Securityholders. If the Closing occurs, the Indemnifying Party shall have no Liability liability pursuant to Section 8.2 or Section 8.3 or of this Agreement unless an Indemnified Party gives notice to the Indemnifying Party of an actual Claim claim under Section 8.2 or Section 8.3 within the applicable timeframe, if any, specified in Section 8.1, which notice shall specify the factual basis of that Claim in reasonable detail to the extent then known by such Indemnified Party.
Appears in 1 contract
Time Limitations; Indemnification by Securityholders. If the Closing occurs, the Indemnifying Party shall have no Liability liability pursuant to Section 8.2 or Section 8.3 or of this Agreement unless unless, an Indemnified Party gives notice to the Indemnifying Party of an actual Claim claim under Section 8.2 or Section 8.3 within the applicable timeframe, if any, timeframe specified in Section 8.1, which notice shall specify the factual basis of that Claim claim in reasonable detail to the extent then known by such Indemnified Party.
Appears in 1 contract
Samples: Asset Purchase Agreement (Bio Key International Inc)