Common use of Resolution of Conflicts; Arbitration Clause in Contracts

Resolution of Conflicts; Arbitration. (a) In case Seller shall object in writing to any claim or claims made in any Officer's Certificate to recover Losses within thirty (30) days after delivery of such Officer's Certificate, Seller and Buyer shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims. If Seller and Buyer should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and Seller shall promptly pay to the Indemnified Party the amount of the claim agreed upon, if any.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Be Inc), Asset Purchase Agreement (Be Inc), Asset Purchase Agreement (Palm Inc)

AutoNDA by SimpleDocs

Resolution of Conflicts; Arbitration. (a) In case If Seller shall object in writing to any claim or claims made in any Officer's ’s Certificate to recover Losses within thirty (30) days after delivery of such Officer's ’s Certificate, Seller and Buyer Purchaser shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims. If Seller and Buyer Purchaser should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and Seller shall promptly pay to the Indemnified Party the amount of Parties, at which time the claim agreed uponshall be promptly paid, if anyexpensed or settled, as the case may be.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Support.com, Inc.), Asset Purchase Agreement (Support.com, Inc.)

Resolution of Conflicts; Arbitration. (ai) In case Seller shall object in writing to any claim or claims made in any Officer's Certificate to recover Losses within thirty (30) days after delivery of such Officer's Certificate, Seller and Buyer shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims. If Seller and Buyer should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and Seller shall promptly pay to the Indemnified Party the amount of the claim agreed upon, if anyall parties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Petsmart Com Inc)

Resolution of Conflicts; Arbitration. (a) In case If the Seller shall object in writing to any claim or claims made in any Officer's Certificate to recover Losses the losses sustained as a result of any Adverse Consequences within thirty (30) days after delivery of such Officer's Certificate, the Seller and the Buyer shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims. If the Seller and the Buyer should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties parties, and Seller the Buyer Note shall promptly pay to the Indemnified Party be adjusted by the amount of the claim agreed upon, if anyupon as described in Section 8.6.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cholestech Corporation)

AutoNDA by SimpleDocs

Resolution of Conflicts; Arbitration. (a) In case Seller the Shareholder Representative shall object in writing to any claim or claims made in any Officer's ’s Certificate to recover Losses within thirty fifteen (3015) days after delivery of such Officer's ’s Certificate, Seller the Shareholder Representative and Buyer shall attempt in good faith to agree upon the rights of the respective parties with respect to each of such claims. If Seller the Shareholder Representative and Buyer should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and Seller shall promptly pay to the Indemnified Party the amount of parties, at which time the claim agreed uponshall be promptly paid or expensed, if anyas the case may be.

Appears in 1 contract

Samples: Share Purchase Agreement (NightHawk Radiology Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.