Avoidance Claims. Seller shall (i) indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim, and shall pay to Purchaser on demand the amount thereof; (ii) notify Purchaser within two business days of it becoming aware of the assertion of an Avoidance Claim. This provision shall survive termination of this ARPA.
Appears in 2 contracts
Sources: Accounts Receivable Purchasing Agreement, Accounts Receivable Purchasing Agreement (Probe Manufacturing Inc)
Avoidance Claims. Seller shall (i) indemnify Purchaser from any loss arising out of the assertion of any Avoidance Claim, and shall pay to Purchaser on demand the amount thereof; and (ii) notify Purchaser within two five (5) business days of it becoming aware of the assertion in writing of an Avoidance Claim. This provision shall survive termination of this ARPA.
Appears in 1 contract
Sources: Accounts Receivable Purchasing Agreement (Xplore Technologies Corp)