Common use of General Claim Procedure Clause in Contracts

General Claim Procedure. Except with respect to Tax Claims which are addressed in Section 6.9, in respect of any claim regarding indemnification for any Loss or Liability under this Agreement, the Party making such claim shall have the burden of proof that such Party is entitled to such indemnification. In the event any Indemnified Party should have a claim against any Indemnifying Party for indemnification of Losses hereunder, the Notifying Party shall deliver a notice of such claim to the Indemnifying Party within 20 Business Days of becoming aware of the facts underlying such claim, stating in reasonable detail the nature and basis of such claim (including, to the extent such claim relates to a Third-Party Claim, reasonable details of each claim made by the relevant third party in connection with such Third-Party Claim and the provision of copies of the relevant material documents received by the Indemnified Party evidencing such Third-Party Claim), the amount of the claim (to the extent known or reasonably estimable), the basis for the indemnification sought and all material documents reflecting or evidencing the basis for such claim; provided that the failure to provide any such notice, information or documents will not relieve the Indemnifying Party of any liability that it may have to any Indemnified Party or Notifying Party for indemnification of Losses hereunder, except to the extent that the defense of such action is actually and materially prejudiced thereby or to the extent that the amount of Losses for which the Indemnifying Party is responsible is materially increased thereby. 120

Appears in 1 contract

Samples: Purchase Agreement (Symantec Corp)

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General Claim Procedure. Except with respect to Tax Claims which are addressed in Section 6.96.9(a), in respect of any claim regarding indemnification for any Loss or Liability under this AgreementSection 9.1, the Party making such claim shall have the burden of proof that such Party is entitled to such indemnification. In the event any Indemnified Party should have a claim against any Indemnifying Party for indemnification of Losses hereunder, the Notifying Party shall deliver a notice of such claim to the Indemnifying Party within 20 Business Days of becoming aware of the facts underlying such claim, stating in reasonable detail the nature and basis of such claim (including, to the extent such claim relates to a Third-Party Claim, reasonable details of each claim made by the relevant third party in connection with such Third-Party Claim and the provision of copies of the relevant material documents received by the Indemnified Party evidencing such Third-Party Claim), the amount of the claim (to the extent known or reasonably estimable), the basis for the indemnification sought and all material documents reflecting or evidencing the basis for such claim; provided that the failure to provide any such notice, information or documents will not relieve the Indemnifying Party of any liability that it may have to any Indemnified Party or Notifying Party for indemnification of Losses hereunder, except to the extent that the defense of such action is actually and materially prejudiced thereby or to the extent that the amount of Losses for which the Indemnifying Party is responsible is materially increased thereby. 120.

Appears in 1 contract

Samples: Purchase Agreement (KORE Group Holdings, Inc.)

General Claim Procedure. Except with respect to Tax Claims which are addressed in Section 6.96.8, in respect of any claim regarding indemnification for any Loss or Liability under this Agreement, the Party making such claim shall have the burden of proof that such Party is entitled to such indemnification. In the event any Indemnified Party should have a claim against any Indemnifying Party for indemnification of Losses hereunder, the Notifying Party shall deliver a notice of such claim to the Indemnifying Party within 20 Business Days of becoming aware of the facts underlying such claim, stating in reasonable detail the nature and basis of such claim (including, to the extent such claim relates to a Third-Third Party Claim, reasonable details of each claim made by the relevant third party in connection with such Third-Third Party Claim and the provision of copies of the relevant material documents received by the Indemnified Party evidencing such Third-Third Party Claim), the amount of the claim (to the extent known or reasonably estimable)claim, the basis for the indemnification sought sought, and all material documents reflecting or evidencing the basis for such claimclaim (in each case, to the extent then known and in the control of the Notifying Party); provided that provided, that, the failure to provide any such notice, information or documents will not relieve the Indemnifying Party of any liability that it may have to any Indemnified Party or Notifying Party for indemnification of Losses hereunder, except to the extent that the defense of such action is actually and materially prejudiced thereby or to the extent that the amount of Losses for which the Indemnifying Party is responsible is materially increased thereby. 120.

Appears in 1 contract

Samples: Purchase Agreement (Symantec Corp)

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General Claim Procedure. Except with respect to Tax Claims which are addressed in Section 6.9, in In respect of any claim regarding indemnification for any Loss or Liability under this Agreement, the Party making such claim shall have the burden of proof that such Party is entitled to such indemnification. In the event any Indemnified Party should have a claim against any Indemnifying Party for indemnification of Losses hereunder, the Notifying Party shall deliver a notice of such claim to the Indemnifying Party within 20 Business Days of becoming aware of the facts underlying such claim, stating in reasonable detail the nature and basis of such claim (including, to the extent such claim relates to a Third-Third Party Claim, reasonable details of each claim made by the relevant third party in connection with such Third-Third Party Claim and the provision of copies of the relevant material documents received by the Indemnified Party evidencing such Third-Third Party Claim), the amount of the claim (to the extent known or reasonably estimable)claim, the basis for the indemnification sought sought, and all material documents reflecting or evidencing the basis for such claimclaim (in each case, to the extent then known and in the control of the Notifying Party); provided that provided, that, the failure to provide any such notice, information or documents will not relieve the Indemnifying Party of any liability that it may have to any Indemnified Party or Notifying Party for indemnification of Losses hereunder, except to the extent that the defense of such action is actually and materially prejudiced thereby or to the extent that the amount of Losses for which the Indemnifying Party is responsible is materially increased thereby. 120.

Appears in 1 contract

Samples: Purchase Agreement (MACOM Technology Solutions Holdings, Inc.)

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