Common use of Time Limitations on Indemnification Clause in Contracts

Time Limitations on Indemnification. Notwithstanding anything herein ----------------------------------- to the contrary, claims for indemnification under this Section 11 may be brought after the Closing and at any time prior to the expiration of the legal statute of limitations applicable to the subject matter of the claim underlying the claim for indemnification; provided that any claims under Section 11.1(e) or under Section 11.1(f) must be noticed within 60 days after conclusion of the first audit of Newco financial results following the Closing that includes the combined financial results of the Group Business and VERITAS (and in any event within twelve (12) months after the closing). To preserve a claim for indemnification under this Section 11, an indemnified party need only provide written notice in reasonable detail of such claim to SSI prior to the expiration of the applicable time limit (if any) described in the preceding sentence; and if an indemnified party provides such notice prior to the expiration of such time limit, such indemnified party may pursue such claim for indemnification after the expiration of such time limit.

Time Limitations on Indemnification. Notwithstanding anything ----------------------------------- herein ----------------------------------- to the contrary, claims for indemnification under this Section 11 may be brought after the Closing and at any time prior to the expiration of the legal statute of limitations applicable to the subject matter of the claim underlying the claim for indemnification; provided that any claims under Section 11.1(e) or under Section 11.1(f) must be noticed within 60 days after conclusion of the first audit of Newco financial results following the Closing that includes the combined financial results of the Group Business and VERITAS (and in any event within twelve (12) months after the closing). To preserve a claim for indemnification under this Section 11, an indemnified party Indemnified Party need only provide written notice in reasonable detail of such claim to SSI prior to the expiration of the applicable time limit (if any) described in the preceding sentence; and if an indemnified party Indemnified Party provides such notice prior to the expiration of such time limit, such indemnified party Indemnified Party may pursue such claim for indemnification after the expiration of such time limit.

Time Limitations on Indemnification. Notwithstanding anything herein ----------------------------------- to the contrary, claims for indemnification under this Section 11 may be brought after the Closing and at any time prior to the expiration of the legal statute of limitations applicable to the subject matter of the claim underlying the claim for indemnification; provided that any claims under Section 11.1(e) or under Section 11.1(f) must be noticed within 60 days after conclusion of the first audit of Newco financial results following the Closing that includes the combined financial results of the Group Business and VERITAS (and in any event within twelve (12) months after the closing). To preserve a claim for indemnification under this Section 11, an indemnified party need only provide written notice in reasonable detail of such claim to SSI prior to the expiration of the applicable time limit (if any) described in the preceding sentence; and if an indemnified party provides such notice prior to the expiration of such time limit, such indemnified party may pursue such claim for indemnification after the expiration of such time limit.. 11.3

Time Limitations on Indemnification. Notwithstanding anything herein ----------------------------------- to the contrary, claims for indemnification under this Section 11 may be brought after the Closing and at any time prior to the expiration of the legal statute of limitations applicable to the subject matter of the claim underlying the claim for indemnification; provided that any claims under Section 11.1(e) or under Section 11.1(f) must be noticed within 60 days after conclusion of the first audit of Newco financial results following the Closing that includes the combined financial results of the Group Business and VERITAS (and in any event within twelve (12) months after the closing). To preserve a claim for indemnification under this Section 11, an indemnified party Indemnified Party need only provide written notice in reasonable detail of such claim to SSI prior to the expiration of the applicable time limit (if any) described in the preceding sentence; and if an indemnified party Indemnified Party provides such notice prior to the expiration of such time limit, such indemnified party Indemnified Party may pursue such claim for indemnification after the expiration of such time limit.