Indemnification Claim Objection Notice definition

Indemnification Claim Objection Notice shall have the meaning set forth in Section 9.5(b).
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Indemnification Claim Objection Notice is defined in Section 8.4(b)
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Examples of Indemnification Claim Objection Notice in a sentence

  • 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.

  • If the Indemnitor (or in the case of any Indemnification Claim Objection Notice given by a Parent Indemnified Party, the Stockholders Representative) and Indemnitee should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties.

  • 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.

  • Subject to the limitations of Section 7.3, if any Indemnifying Party is required to satisfy any amount, in whole or in part, in accordance with an Indemnification Claim Notice (other than through a retention and, if applicable, release of from the Holdback Amount), then such Indemnifying Party shall, within ten (10) Business Days following the expiration date of the right of the Responsible Party to make an Indemnification Claim Objection Notice, pay to the Indemnified Party, such amount.

  • In the event that the indemnifying party delivers an Indemnification Claim Objection Notice within [***] after its receipt of such Indemnification Claim Notice, the Seller Representative and Purchaser shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims.

  • Subject to the limitations of liability set forth in this Article VIII, each Indemnifying Party shall, within ten (10) Business Days following the expiration date of the right of the Stockholder Representative to make an Indemnification Claim Objection Notice, pay to the Indemnified Party the amount payable by such Indemnifying Party pursuant to this Article VIII.

  • If no such agreement can be reached after good faith negotiation within 30 days after the receipt of an Indemnification Claim Objection Notice, the claim shall be resolved pursuant to Section 11.15.

  • Should the amount held in the Indemnity Escrow Fund, if any, be insufficient to satisfy in whole the amount to be paid to an Indemnified Party by the Indemnifying Parties in accordance with such Indemnification Claim, then each Indemnifying Party shall, within ten (10) Business Days following the expiration date of the right of the Indemnifying Party Representative to make an Indemnification Claim Objection Notice, pay to the Indemnified Party, such Indemnifying Parties’ Pro Rata Portion of such shortfall.

  • 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.

Related to Indemnification Claim Objection Notice

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Claims Objection Deadline means the deadline for objecting to a Claim against a Debtor, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Court for objecting to such Claims.

  • Claim Certificate shall have the meaning set forth in Section 8.6(a).

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Indemnified Matter has the meaning specified in Section 11.4 (Indemnities).

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Notice of Claim has the meaning set forth in Section 9.3.

  • Claims Objection Bar Date means the deadline for objecting to a Claim, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be specifically fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Bankruptcy Court for objecting to Claims.