Indemnity Notice definition

Indemnity Notice shall have the meaning specified in Section 9.3(b).
Indemnity Notice means written notification pursuant to Section 10.02(b) of a claim for indemnity under Article X by an Indemnified Party, specifying the nature of and basis for such claim, together with the amount or, if not then reasonably ascertainable, the estimated amount, determined in good faith, of such claim.
Indemnity Notice shall have the meaning set forth in Section 14.3(d).

Examples of Indemnity Notice in a sentence

  • Notwithstanding the foregoing, in the event there remains unsatisfied or unresolved at the time of conversion any Adjustment Amount or Losses specified in an Indemnity Notice, then the note shall remain outstanding for any amount in dispute that could result in a reduction of the amount owed.

  • In the event that the Indemnifying Party gives written notice contesting all or any portion of an Indemnity Notice (a "Contested Claim") within the thirty day period specified in Section 11.2(a), then such Contested Claim will be resolved by either (i) a written settlement agreement executed by Xxxxxxxxx and Seller or (ii) in the absence of such a written settlement agreement, in accordance with the dispute resolution provisions of Section 11.3.


More Definitions of Indemnity Notice

Indemnity Notice means written notification pursuant to SECTION 11.02(b) of a claim for indemnity under ARTICLE XI by an Indemnified Party, specifying the nature of and basis for such claim, together with the amount or, if not then reasonably determinable, the estimated amount, determined in good faith, of the Loss arising from such claim.
Indemnity Notice has the meaning set forth in Section 7.4(b).
Indemnity Notice shall have the meaning set forth in Section 8.5.
Indemnity Notice means written notification of a claim for indemnity under Article 10 hereof (which claim does not involve a Third Party Claim or is a Seller Tax Claim) by an Indemnified Party to an Indemnifying Party pursuant to this Section 10.4, specifying the nature of and specific basis for such claim and the amount or the estimated amount of such claim.) The failure by any Indemnified Party to give the Indemnity Notice shall not impair such party's rights hereunder except to the extent that an Indemnifying Party demonstrates that it has been prejudiced thereby.
Indemnity Notice has the meaning set forth in Section 13.3.
Indemnity Notice has the meaning ascribed thereto in Section 8.2;
Indemnity Notice has the meaning specified in Section 9.05.