Common use of Counterclaim Notification Clause in Contracts

Counterclaim Notification. In the event any Indemnified Party shall have a claim against any Indemnifying Party under this Agreement that does not involve a claim or demand being asserted against or sought to be collected from such Indemnified Party by a Person, the Indemnified Party shall give a Claim Notice with respect to such claim to the Indemnifying Party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Precis Inc), Asset Purchase Agreement (Precis Inc)

AutoNDA by SimpleDocs

Counterclaim Notification. In the event any Indemnified Party shall should ------------------------- have a claim against any Indemnifying Party under this Agreement that hereunder which does not involve a claim or demand being asserted against or sought to be collected from such Indemnified Party it by a Personthird party, the Indemnified Party shall give a Claim Notice with respect to such claim to the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Laboratory Specialists of America Inc)

Counterclaim Notification. In the event any Indemnified Party shall have a claim against any Indemnifying Party under this Agreement that does not involve a claim or demand being asserted against or sought to be collected from such Indemnified Party by a Personthird party, the Indemnified Party shall give a Claim Notice with respect to such claim to the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Access Plans USA, Inc.)

AutoNDA by SimpleDocs

Counterclaim Notification. In the event any Indemnified Party shall ------------------------- should have a claim against any Indemnifying Party under this Agreement that hereunder which does not involve a claim or demand being asserted against or sought to be collected from such Indemnified Party it by a Personthird party, the Indemnified Party shall give a Claim Notice with respect to such claim to the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Advantage Marketing Systems Inc/Ok)

Time is Money Join Law Insider Premium to draft better contracts faster.