Common use of Payment of Losses Clause in Contracts

Payment of Losses. The Indemnifying Party shall pay to the Claimant in cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII within fifteen (15) business days after such amount is finally determined either by mutual agreement of the parties or the date on which both such amount and Claimant’s obligation to pay such amount have been determined by a final judgment of the trial court or administrative body having jurisdiction over such Proceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant in immediately available cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII 6, such payment to be made within fifteen (15) business days after such amount is finally determined either by mutual agreement of the parties Parties or pursuant to the date on judgment or Order of a court of competent jurisdiction. Notwithstanding the foregoing, any amount to which both such amount and Claimant’s obligation to pay such amount have been determined Buyer becomes entitled by a final judgment reason of the trial court or administrative body having jurisdiction over such Proceeding.provisions of this Article 6 shall be paid as follows:

Payment of Losses. The Indemnifying Party shall pay to the Claimant in cash immediately available funds the amount to which the Claimant may become entitled by reason of the provisions of this Article VII 8 within fifteen (15) business days Business Days after such amount is finally determined either by mutual agreement of the parties or or, in the case of an Indemnity Loss described in any Litigation Notice, the date on which both such amount and Claimant’s obligation to pay such amount have been determined by a final final, non-appealable judgment of the trial court or administrative body having jurisdiction over such Proceeding.

Payment of Losses. The Claimant shall be paid in cash by the Indemnifying Party shall pay to the Claimant in cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII ARTICLE XII, within fifteen (15) business days after such amount is finally determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION 12.04 of this Agreement or on the date on which both such amount and Claimant’s 's obligation to pay such amount have been determined by a final judgment of the trial a court or administrative body having jurisdiction over such Proceedingproceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant in cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII ARTICLE XII, within fifteen (15) business days 15 Business Days after such amount is finally determined either by mutual agreement of the parties or on the date on which both such amount and Claimant’s 's obligation to pay such amount have been determined by a final final, non-appealable judgment of the trial a court or administrative body having jurisdiction over such Proceedingproceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant in cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII XII, within fifteen (15) business days 15 Business Days after such amount is finally determined either by mutual agreement of the parties or on the date on which both such amount and Claimant’s 's obligation to pay such amount have been determined by a final final, non-appealable judgment of the trial a court or administrative body having jurisdiction over such Proceedingproceeding.

Payment of Losses. The Claimant shall be paid in cash by the Indemnifying Party shall pay to the Claimant in cash the amount to which the Claimant may become entitled by reason of the provisions of this Article VII XII, within fifteen (15) business days after such amount is finally determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in Section 12.04 of this Agreement or on the date on which both such amount and Claimant’s 's obligation to pay such amount have been determined by a final judgment of the trial a court or administrative body having jurisdiction over such Proceedingproceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant Claiming Party in cash the amount to which the Claimant Claiming Party may become entitled by reason of the provisions of this Article VII IX, such payment to be made within fifteen ten (1510) business days after such amount is finally determined either by mutual agreement of the parties or pursuant to the date on which both such amount and Claimant’s obligation to pay such amount have been determined by a final unappealable judgment of the trial a court or administrative body having jurisdiction over such Proceedingof competent jurisdiction.