Common use of Uncontested Claims Clause in Contracts

Uncontested Claims. In the event that, within twenty (20) calendar ------------------ days after a Notice of Claim is received by either the Shareholders or DoveBid, such party does not contest such Notice of Claim in writing to the other party sending the Notice of Claim (an "Uncontested Claim"), then such party will be conclusively deemed to have consented to the recovery by the DoveBid Indemnitees or the Shareholders (as the case may be) of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII.

Uncontested Claims. In the event that, within twenty (20) calendar ------------------ days after a Notice of Claim is received by either the Shareholders Representatives or DoveBid, such party does not contest such Notice of Claim in writing to the other party sending the Notice of Claim (an "Uncontested Claim"), then such party will be conclusively deemed to have consented (in the case of the Representatives, on behalf of all Shareholders) to the recovery by the DoveBid Indemnitees or the Shareholders Shareholder Indemnitees (as the case may be) of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII.