Limitations to Indemnification. The Purchaser's right to indemnification shall be subject to the following limitations: 62 (i) in respect of Loss(es) suffered under Section 9.1 (a) above, the Purchaser's right to indemnification shall lapse if no notice of an Indemnification Claim shall have been given to the Seller on or before December 31, 1999, except that for Loss(es) suffered for breach of Section 6.21 of this Agreement, in which case the applicable statutory limitation period (periodo di prescrizione) shall apply; (ii) in respect of Loss(es) suffered under Section 9.1 (b), (c), (d) and (e) above, the Purchaser's right to indemnification shall lapse if no Indemnification Claim is notified to the Seller on or before the date in which the applicable statutory limitation period (periodo di prescrizione) will lapse;
Appears in 1 contract
Sources: Framework Agreement (Ico Inc)
Limitations to Indemnification. The Purchaser's right to indemnification shall be subject to the following limitations: 62:
(i) in respect of Loss(es) suffered under Section 9.1 (a) above, the Purchaser's right to indemnification shall lapse if no notice of an Indemnification Claim shall have been given to the Seller on or before December 31, 1999, except that for Loss(es) suffered for breach of Section 6.21 of this Agreement, in which case the applicable statutory limitation period (periodo di prescrizione) shall apply;
(ii) in respect of Loss(es) suffered under Section 9.1 (b), (c), (d) and (e) above, the Purchaser's right to indemnification shall lapse if no Indemnification Claim is notified to the Seller on or before the date in which the applicable statutory limitation period (periodo di prescrizione) will lapse;
Appears in 1 contract
Sources: Framework Agreement (Ico Inc)