Common use of Indemnification Period Clause in Contracts

Indemnification Period. The indemnification period shall terminate *** from the Closing Date (the "Termination Date"); provided, however, that if any of the Escrow Securities subject to cancellation as set forth in this Section 8 are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to Xxxxx Xxxxxx Xxxxxx, Jr. as agent for the Seller and the Founders (the "Securityholders' Agent") prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such Escrow Securities shall remain subject to this Section 8 until the resolution of such claims.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Kintera Inc), Asset Purchase Agreement (Kintera Inc)

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Indemnification Period. The indemnification period shall terminate *** from the Closing Date (the "Termination Date"); provided, however, that if any of the Escrow Securities subject to cancellation as set forth in this Section 8 are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to Xxxxx Xxxxxxx Xxxxxx Xxxxxx, Jr. as agent for the Seller and the Founders Indemnifying Parties (the "SecurityholdersStockholders' Agent") prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such Escrow Securities shall remain subject to this Section 8 until the resolution of such claims.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Kintera Inc), Agreement and Plan of Merger and Reorganization (Kintera Inc)

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Indemnification Period. The indemnification period shall terminate *** from the Closing Date (the "Termination Date"); provided, however, that if any of the Escrow Securities Securities, Shares or Shares subject to Substituted Options subject to cancellation as set forth in this Section 8 are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate delivered to Xxxxx Xxxxxx Xxxxxx, Jr. Xxxx Xxxxxxxxx as agent for the Seller and the Founders Indemnifying Parties (the "Securityholders' Agent") prior to the Termination Date with respect to facts and circumstances existing prior to the Termination Date, such Escrow Securities Securities, Shares or Shares subject to Substituted Options shall remain subject to this Section 8 until the resolution of such claims.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Kintera Inc)

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