Examples of Indemnification Claim in a sentence
The Indemnifying Party shall have a period of thirty (30) days after delivery of a Claim Certificate to provide written notice to Parent or the Shareholders’ Representative, as applicable, of any bona fide good faith objection to such Indemnification Claim, including the details supporting such objection.
If no written objection is made within such period, the Indemnification Claim shall be deemed to be accepted and the Losses to be paid to the Indemnified Party shall be the amount set forth in the Claim Certificate, which payment shall be made pursuant to this Agreement.
If Parent and the Shareholders’ Representative or the Key Stockholder, as applicable, shall so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and the payment of the agreed-upon amount of Losses relating to such Indemnification Claim shall be made pursuant to this Agreement.
If an Indemnifying Party raises a bona fide good faith objection in writing to any Indemnification Claim in any Claim Certificate within the thirty (30)-day period set forth in Section 8.3(a), Parent and the Key Stockholder shall attempt in good faith for forty-five (45) days after Parent’s or the Shareholders’ Representative’s receipt of such written objection to resolve such objection.