Common use of Certain Procedural Matters Clause in Contracts

Certain Procedural Matters. (a) A party seeking indemnification (the "INDEMNIFIED PARTY") shall give prompt written notice to the party from whom indemnification will be sought (the "INDEMNIFYING PARTY") of any claim for indemnification hereunder and shall provide to the Indemnifying Party as soon as practicable thereafter all information and documentation necessary to support and verify the claim asserted (or which would be asserted if not below the Threshold Amount), and the Indemnifying Party and his or its representatives shall be given access to all personnel, properties, books and records that the Indemnifying Party reasonably determines to be related thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Human Genome Sciences Inc), Agreement and Plan of Reorganization (Telecommunication Systems Inc /Fa/)

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Certain Procedural Matters. (a) A party seeking indemnification (the "INDEMNIFIED PARTYIndemnified Party") shall ----------------- give prompt written notice to the party from whom indemnification will be sought (the "INDEMNIFYING PARTYIndemnifying Party") of any claim for indemnification hereunder and shall ------------------ provide to the Indemnifying Party as soon as practicable thereafter all information and documentation necessary to support and verify the claim asserted (or which would be asserted if not below the Threshold Amount), and the Indemnifying Party and his or its representatives shall be given access to all personnel, properties, books and records that the Indemnifying Party reasonably determines to be related thereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Zany Brainy Inc)

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Certain Procedural Matters. (ai) A party seeking indemnification (the "INDEMNIFIED PARTYIndemnified Party") shall give prompt written notice to the party from whom indemnification will be sought (the "INDEMNIFYING PARTYIndemnifying ------------ Party") of any claim for indemnification hereunder and shall provide to the ----- Indemnifying Party as soon as practicable thereafter all information and documentation necessary to support and verify the claim asserted (or which would be asserted if not below the Threshold Amount), and the Indemnifying Party and his or its representatives shall be given access to all personnel, properties, books and records that the Indemnifying Party reasonably determines to be related thereto.

Appears in 1 contract

Samples: Plan of Dissolution (Zany Brainy Inc)

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