Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claim, the indemnified party’s Indemnification Claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss from the indemnifying party, subject to the threshold, if any, in Section 15(a) or (b).
Appears in 11 contracts
Samples: Asset and Franchise Agreement Purchase Agreement (JOINT Corp), Asset and Franchise Agreement Purchase Agreement (JOINT Corp), Asset and Franchise Agreement Purchase Agreement (JOINT Corp)
Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim indemnification claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claimindemnification claim, the indemnified party’s Indemnification Claim indemnification claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss from the indemnifying party, subject to the threshold, if any, in Section 15(a) or (b).
Appears in 4 contracts
Samples: Asset and Franchise Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp)
Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim indemnification claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claimindemnification claim, the indemnified party’s Indemnification Claim indemnification claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss from the indemnifying party, subject to the threshold, if any, in Section 15(a14(a) or (b).
Appears in 1 contract
Samples: Asset and Franchise Purchase Agreement (JOINT Corp)
Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim indemnification claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claimindemnification claim, the indemnified party’s Indemnification Claim indemnification claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss Loss from the indemnifying party, subject to the threshold, if any, in Section 15(a) or (b).
Appears in 1 contract
Samples: Asset and Franchise Purchase Agreement (JOINT Corp)
Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim indemnification claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claimindemnification claim, the indemnified party’s Indemnification Claim indemnification claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss from the indemnifying party, subject to the thresholdThreshold, if any, and the Cap in Section 15(a) or (b).
Appears in 1 contract
Samples: Asset and Franchise Purchase Agreement (JOINT Corp)
Resolution of Claims. (a) If the indemnifying party does not object to an Indemnification Claim during the 30-day period following receipt of the indemnified party’s notice of its Indemnification Claim, the indemnified party’s Indemnification Claim shall be considered undisputed, and the indemnified party shall be entitled to recover the actual amount of its indemnifiable loss from the indemnifying party, subject to the threshold, if any, in Section 15(a) or (b).
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