Common use of Timely Delivery of Claim Notice Clause in Contracts

Timely Delivery of Claim Notice. Except as provided in Subsections 8.3.2 or 8.3.3, no right to indemnification under this Article VIII for a Third Party Claim shall be available to an Indemnitee unless the Indemnitee shall have delivered to the Indemnitor, not later than forty-five (45) days following the date on which the Indemnitee shall have received written notice from the third party of such Third Party Claim, a notice in writing describing in reasonable detail the facts giving rise to such Third Party Claim and stating that the Indemnitee intends to seek indemnification for such Third Party Claim from the Indemnitor pursuant to this Article VIII (such notice, a "Claim Notice").

Appears in 3 contracts

Samples: Asset Purchase Agreement (Elecsys Corp), Asset Purchase Agreement (Elecsys Corp), Asset Purchase Agreement (Elecsys Corp)

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Timely Delivery of Claim Notice. Except as provided in ------------------------------- Subsections 8.3.2 or 8.3.3, no right to indemnification under this Article VIII for a Third Party Claim shall be available to an Indemnitee with respect to a Third Party Claim unless the Indemnitee shall have delivered to the Indemnitor, not later than forty-five (45) days following Indemnitor within the date on which the Indemnitee shall have received written notice from the third party of such Third Party Claim, Notice Period a notice in writing describing in reasonable detail the facts giving rise to such Third Party Claim (a "Claim Notice") and stating that the Indemnitee intends to seek indemnification for such Third Party Claim from the Indemnitor pursuant to this Article VIII (such notice, a "Claim Notice")VIII.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Cyprus Amax Minerals Co), Stock Purchase and Sale Agreement (Princess Beverly Coal Holding Co Inc)

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