Common use of Timing of Indemnity Payments Clause in Contracts

Timing of Indemnity Payments. Except as otherwise provided in Section 5.9(a), Section 5.9(b) or Section 5.9(c), any payment required to be made pursuant to this Section 5.9 shall be made within ten (10) days after Purchaser makes written demand upon Seller (but, in the case of any payment required to be made to a Taxing Authority, shall not be required to be made sooner than two (2) Business Days prior to the due date thereof).

Appears in 3 contracts

Samples: Share Purchase Agreement (Us Bancorp \De\), Share Purchase Agreement (Banco Bilbao Vizcaya Argentaria, S.A.), Share Purchase Agreement (PNC Financial Services Group, Inc.)

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Timing of Indemnity Payments. Except as otherwise provided in Section 5.9(a7.9(a), Section 5.9(b7.9(b) or Section 5.9(c7.9(c), any payment required to be made pursuant to this Section 5.9 7.9 shall be made within ten (10) days after Purchaser makes written demand upon Parent Seller (but, in the case of any payment required to be made to a Taxing Authority, shall not be required to be made sooner than two (2) Business Days prior to the due date thereof).

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Bank of Montreal /Can/)

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Timing of Indemnity Payments. Except as otherwise provided in Section 5.9(a), Section 5.9(b) or Section 5.9(c), any payment required to be made pursuant to this Section 5.9 shall be made within ten (10) days after Purchaser makes written demand upon Seller (but, in the case of any payment required to be made to a Taxing Authority, shall not be required to be made sooner than two (2) Business Days prior to the due date thereof).. (g)

Appears in 2 contracts

Samples: Share Purchase Agreement (Mitsubishi Ufj Financial Group Inc), Execution Copy Share Purchase Agreement (MUFG Americas Holdings Corp)

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