Common use of Claims for Indemnity Clause in Contracts

Claims for Indemnity. (a) Concurrently with the delivery of an Indemnity Notice under the Merger Agreement, Parent will deliver to the Escrow Agent a certificate in substantially the form of ANNEX I attached hereto (a "CERTIFICATE OF INSTRUCTION"). No Certificate of Instruction may be delivered by Parent after the close of business on the business day immediately preceding the Termination Date. The Escrow Agent shall give written notice to the Shareholders of its receipt of a Certificate of Instruction not later than the second business day next following receipt thereof, together with a copy of such Certificate of Instruction.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hotjobs Com LTD), Escrow Agreement (Hotjobs Com LTD)

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Claims for Indemnity. (a) Concurrently with the delivery of an Indemnity Notice under the Merger Agreement, the Parent will deliver to the Escrow Agent a certificate in substantially the form of ANNEX I attached hereto (a "CERTIFICATE OF INSTRUCTION"). No Certificate of Instruction may be delivered by the Parent after the close of business on the business day immediately preceding the Termination Date. The Escrow Agent shall give written notice to the Shareholders Escrow Representative of its receipt of a Certificate of Instruction not later than the second fifth business day next following receipt thereof, together with a copy of such Certificate of Instruction.

Appears in 1 contract

Samples: Escrow Agreement (Metromedia Fiber Network Inc)

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Claims for Indemnity. (a) Concurrently with the delivery of an Indemnity Notice under to the Merger AgreementShareholders, Parent will deliver to the Escrow Agent a certificate in substantially the form of ANNEX Annex I attached hereto (a "CERTIFICATE OF INSTRUCTIONCertificate of Instruction"). No Certificate of Instruction may be delivered by Parent after the close of business on the business day immediately preceding the Termination Date. The Escrow Agent shall give written notice to the Shareholders of its receipt of a Certificate of Instruction not later than the second business day next following receipt thereof, together with a copy of such Certificate of Instruction.

Appears in 1 contract

Samples: Escrow Agreement (Graham Field Health Products Inc)

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