Seller Claims definition

Seller Claims has the meaning set forth in Section 7.2(a).

Seller Claims has the meaning set forth in Section 10.3(a).

Seller Claims has the meaning set forth in Section 5.12

Examples of Seller Claims in a sentence

• As used in this Agreement, the term “Indemnifiable Claim” means any Purchaser Claims or Seller Claims.

• A Seller Claims Notice must describe a Seller Claim in reasonable detail, and indicate the amount (estimated, as necessary) of the Loss that has been or is reasonably expected to be suffered by the applicable Seller Indemnitee.

• Buyer shall respond to the Seller Representative (a “Claim Response”) within thirty (30) days (the “Response Period”) after the date that a Seller Claims Notice is received by Buyer.

• The foregoing matters giving rise to the rights of the Seller Indemnified Parties to indemnification hereunder are referred to as the "Seller Claims".

• No claims for indemnification may be asserted by either Party against the other pursuant to this Section 9 until the aggregate amount of all Damages incurred in connection with the Buyer Claims or the Seller Claims, respectively, exceeds Twenty Five Thousand Dollars ($25,000) (the “Indemnification Deductible”), at which time Indemnified Party shall be entitled to recover all Damages, including Damages accrued up to the Indemnification Deductible.

More Definitions of Seller Claims

Seller Claims shall have the meaning ascribed to the term in Clause 10.2;

Seller Claims shall have the meaning given to such term in Section 5.6(a).

Seller Claims means all claims, demands, suits, and causes of action by third parties (other than Buyer and its Affiliates) arising out of or in connection with this Agreement (including claims of negligence by Personnel of Seller or its Affiliates) that result, or are claimed to result, in whole or in part, from (i) the violation by Seller, its Affiliates, or any of their Personnel of any intellectual property right of another, (ii) the failure by Seller or its Affiliates to perform their obligations in this Agreement in accordance with their terms, or (iii) any other act or omission of Seller or its Affiliates.

Seller Claims shall have the meaning specified in Section 1.1(m).

Seller Claims shall have the meaning set forth in Section 9.1(a) hereof.

Seller Claims shall have the meaning assigned thereto in Section 14.2.

Seller Claims has the meaning provided such term in Section 5.21(a).