Common use of Failure to Timely Pay Clause in Contracts

Failure to Timely Pay. If a claim under this Agreement is not paid by the Company, or on its behalf, within sixty (60) days after a written claim has been received by the Company, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and, if successful in whole or in part, the Indemnitee shall be entitled to be paid also the expense (including reasonable attorney's fees) of prosecuting such claim.

Appears in 2 contracts

Samples: Indemnity Agreement (RLP Gulf States LLC), Indemnity Agreement (Palweb Corp)

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Failure to Timely Pay. If a claim under this Agreement is not paid by the Company, or on its behalf, within sixty (60) days after a written claim has been received by the Company, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and, if successful in whole or in part, the Indemnitee shall be entitled to be paid also the expense (including reasonable attorney's ’s fees) of prosecuting such claim.

Appears in 1 contract

Samples: Indemnity Agreement (Chesapeake Energy Corp)

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Failure to Timely Pay. If a claim under this Agreement is not paid by the Company, or on its behalf, behalf of the Indemnitee within sixty thirty (6030) days after a written claim has been received by the Company, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and, if successful in whole or in part, the Indemnitee shall also be entitled to be paid also the expense (including reasonable attorney's ’s fees) of prosecuting such claimenforcing the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Indemnity and Contribution Agreement (Precis Inc)

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