Interest on Damages. The amount of any Damages which is subject to indemnification hereunder shall bear interest from and including the date the Indemnified Party was notified of the claim for Damages at the Prime Rate calculated from and including such date to but excluding the date reimbursement of such Damages by the Indemnifying Party is made, compounded monthly, and the amount of such interest shall be deemed to be part of such Damages.
Appears in 15 contracts
Samples: Share Purchase Agreement (Cadre Holdings, Inc.), Asset Purchase Agreement (Arras Minerals Corp.), Share Purchase Agreement (Viad Corp)
