Examples of Claim Objection Notice in a sentence
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The Claim Objection Notice shall specify in reasonable detail the basis for the Responding Party’s objection to the Claim.
Rockville (MD): US Department of Health and Human Services, Office of the Surgeon General; 2010.
The Indemnitor and the Indemnitee shall, within the thirty (30) day period beginning on the date of receipt by the Indemnitee of the Indemnification Claim Objection Notice, attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims (and/or the estimated amount thereof) to which the Indemnitor shall have so objected.
If the Indemnifying Party (or in the case of any Indemnification Claim Objection Notice given by a Purchaser Indemnified Party, the Seller) and Indemnified Party should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties.
Escrow Agent shall notify Purchaser of Escrow Agent’s receipt of such Tax Claim Objection Notice and the date of such receipt.
If the Escrow Agent shall not receive a Claim Objection Notice prior to the expiration of the Claim Dispute Period to which such Claim Notice relates, the Escrow Agent shall distribute to the Purchaser the portion of the Escrow Fund payable to the Purchaser as set forth in the Claim Notice.
If no Claim Objection Notice is received by the Escrow Agent within the Claim Objection Period, the amount of the Claim set forth in the applicable Claim Notice (or, if less, the then remaining Escrow Fund) shall be paid by the Escrow Agent to or as directed by Buyer therein out of the Escrow Fund within three (3) Business Days following the end of the Claim Objection Period.
If no such agreement can be reached after good faith negotiation within thirty (30) days after the receipt of an Indemnification Claim Objection Notice, the claim shall be resolved pursuant to Section 11.14.
In the event that the Shareholders do deliver a Claim Objection Notice with respect to any claim or claims made in any Claim Notice, the Shareholders and the Parent shall, within the thirty (30) day period beginning as of the date of the receipt by the Parent of the Claim Objection Notice, attempt in good faith to agree upon the proper resolutions of each of such claims.