Examples of Seller Claim Notice in a sentence
The failure by Seller to promptly deliver a Seller Claim Notice under this Section 7.7(a) will not adversely affect the applicable Seller Indemnitee’s right to indemnification except to the extent that Purchaser is actually and materially prejudiced thereby.
The Vice Chancellor for Finance and Business is delegated the authority to sign all contracts for which the Chancellor has signature authority that may be further sub-delegated.
The failure by the Sellers’ Representative to promptly deliver a Seller Claim Notice under this Section 10.07(b) will not adversely affect the applicable Seller Indemnified Party’s right to indemnification except to the extent that the Acquiror is materially prejudiced thereby.
If, on the other hand, the Purchaser provides notice of its objection to the Seller Claim Notice within such twenty (20) day period, and the dispute cannot be settled amicably, the Seller Claim shall be resolved by litigation in an appropriate court of competent jurisdiction.
Absent any objection notified by the Purchaser to the Seller Indemnified Person within twenty (20) days of the receipt by them of a Seller Claim Notice, the related indemnification shall become due.