Examples of Buyer Claim Notice in a sentence
Other than for claims set out in any Home Buyer Claim Notice, all creditors making Pre-Filing Claims or D&O Claims will be required to file claims with the monitor by November 23, 2016 by 5:00 p.m. (Toronto Time) (the “Claims Bar Date”).
The failure by Buyer to promptly deliver an Buyer Claim Notice under this Section 10.5(b)(ii) will not adversely affect the applicable Buyer Indemnitees’ right to indemnification except to the extent Sellers are materially prejudiced thereby.
If the Monitor does not receive a Home Buyer Objection Notice before the Restructuring Period Claims Bar Date, then the Home Buyer’s Restructuring Period Claim will be deemed to have been accepted as set out in the Home Buyer Claim Notice.
The failure by Buyer to promptly deliver a Buyer Claim Notice under this Section 10.5(b)(i) will not adversely affect the applicable Buyer Indemnitee’s right to indemnification except to the extent that Sellers are materially prejudiced thereby.
In pursuing the collection of any indemnification claims under this Section 9 , the Buyer Indemnitees may provide a Buyer Claim Notice to the Securityholder Representative and the Escrow Agent and may proceed against the Escrow Funds for the amount of such Losses in excess of the Basket in accordance with the terms of the Escrow Agreement.
The failure by Buyer to promptly deliver a Buyer Claim Notice under this Section 8.3.1(a) will not adversely affect the applicable Buyer Indemnified Party’s right to indemnification pursuant to Section 8.1, except to the extent (and only to the extent) any of the Sellers are materially prejudiced thereby in terms of the amount of Losses for which the Seller Indemnifying Parties are obligated to indemnify the Buyer Indemnified Parties.
Other than for claims set out in any Home Buyer Claim Notice, all creditors making Pre-Filing Claims or D&O Claims will be required to file claims with the Monitor by October 21, 2016 by 5:00 p.m. (Toronto Time) (the “Claims Bar Date”).
A Buyer Claim may be asserted against a Seller Indemnifying Party if such Buyer Claim is asserted in good faith and if a Buyer Claim Notice is received by the Seller Representative and Seller 1 within the survival time period applicable to such claim set forth in this Section 8.2, and any such timely claim will survive until such claim is finally and fully resolved.
Notwithstanding anything in this Section 8.3.1 to the contrary, a Buyer Claim Notice may be updated and amended from time to time by Buyer delivering an updated or amended Buyer Claim Notice, so long as such update or amendment relates to the underlying facts and circumstances specifically set forth in such original Buyer Claim Notice.
The failure by Buyer to promptly deliver a Buyer Claim Notice under this Section 8.3.1(b) will not adversely affect the applicable Buyer Indemnified Party’s right to indemnification pursuant to Section 8.1, except to the extent (and only to the extent) any Seller is materially prejudiced thereby in terms of the amount of Losses for which the Seller Indemnifying Parties are obligated to indemnify the Buyer Indemnified Parties.