Seller Claim Notice definition

Seller Claim Notice is defined in Section 8.3(b).
Seller Claim Notice shall have the meaning given in Section 8.2(c).
Seller Claim Notice has the meaning set forth in Section 8.6(a).

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.


More Definitions of Seller Claim Notice

Seller Claim Notice shall have the meaning specified in Section 6.2(d).
Seller Claim Notice as defined in Section 12.

Related to Seller Claim Notice

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

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

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

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

  • Title Defect means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers’ title to the Lease less than Defensible Title.