Examples of Resolved Claim Notice in a sentence
In the event that CYTYC is entitled to offset, CYTYC shall provide written notice (the "Resolved Claim Notice") of --------------------- such offset to the Escrow Agent and the Stockholder Representative.
Within two (2) Business Days after receipt of the Resolved Claim Notice, the Escrow Agent shall deliver to such Purchaser Indemnified Party an amount of cash out of the Escrow Fund equal in value to the lesser of the amount of such resolved claim and the remainder of the Escrow Fund.
Within five (5) calendar days after receipt of a Resolved Claim Notice, the Escrow Agent shall deliver to the applicable Buyer Indemnified Parties an amount of Escrow Cash equal to the amount of such recovery, and each Company Indemnifying Party shall be deemed to have contributed its Pro Rata Share of the amounts set forth in the Resolved Claim Notice to such payment.
If no objection notice is given within such 30-Business Day period, then the Indemnification Claim set forth in the related Notice of Claim shall be deemed to be valid and indemnifiable pursuant hereto, whereupon the Escrow Agent shall deliver to such Terra Tech Indemnified Parties (as allocated from the Holdback Shares then remaining in the Escrow Account) Escrow Shares equal in value to the amount of the Indemnification Claim set forth in the Resolved Claim Notice.
Within five (5) Business Days after receipt of the Resolved Claim Notice, the Holdback Amount shall be reduced by an amount equal to the amount of such offset, which shall be forfeited to the Buyer and the Holders shall have no further claim thereon.
Within five (5) Business Days after receipt of the Resolved Claim Notice, the Escrow Agent shall deliver to such Parent Indemnitee a number of Escrow Shares equal in value to the amount of such offset.
In the event that the Parent Indemnitee is entitled to offset as a result of the final resolution of the validity of such claim, such Parent Indemnitee and the Member Representative or, with respect to any indemnification claim under Section 10.2.2 of this Agreement, the Principal Member(s) and/or KMV Corporation Shareholder(s) from whom indemnification is sought (the "Notifying Person"), shall provide joint written notice (the "Resolved Claim Notice") of such offset to the Escrow Agent.
In the event that the Purchaser is entitled to offset, the Purchaser shall provide written notice (the "Resolved Claim Notice") of such offset to the Escrow Agent and the Stockholder Representative.
Within five (5) Business Days after receipt of the Resolved Claim Notice, the Escrow Agent shall deliver to such Buyer Indemnitee an amount of Escrow Consideration equal to the amount of such offset.
Within five (5) Business Days after the receipt of a Resolved Claim Notice that provides for the payment of any amount to the Buyer or any other Buyer Indemnified Party, the Escrow Agent shall deliver to such Person an amount equal to the amount set forth in the Resolved Claim Notice.