Common use of Money Damages Clause in Contracts

Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 hereof can be compensated by the payment of money to Buyer, the Indemnifying Party shall, within thirty (30) days after receipt of a written notice of a claim pursuant to Section 10.3 deliver to Buyer: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Bad Toys Inc), Asset Purchase Agreement (Bad Toys Inc)

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Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 Sections 8.2 and 8.3 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty (30) days after receipt of a written notice of a claim pursuant to Section 10.3 8.4 deliver to Buyerthe other party either: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 2 contracts

Samples: Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.), Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.)

Money Damages. If the Losses indemnified against pursuant to the provisions of Section Articles 10.1 and 10.2 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty (30) 21 days after receipt of a written notice of a claim pursuant to Section 10.3 Article 10.4 deliver to Buyerthe other party either: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s 's choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 2 contracts

Samples: Agreement (Intelliworxx Inc), Agreement (Advantage Life Products Inc / Co)

Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 Sections 9.1 and 9.2 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty (30) days after receipt of a written notice of a claim pursuant to Section 10.3 9.3, deliver to Buyerthe other party either: (ia) the amount of such claim by check or by wire transfer to the bank account of that party’s 's choosing, or (iib) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 1 contract

Samples: Employment Agreement (Petcare Television Network Inc)

Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 Sections 8.1 and 8.2 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty (30) 30 days after receipt of a written notice of a claim pursuant to Section 10.3 8.4 deliver to Buyerthe other party either: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s 's choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (North American Resorts Inc)

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Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 Articles 12.1 and 12.2 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty (30) 21 days after receipt of a written notice of a claim pursuant to Section 10.3 Article 12.4 deliver to Buyerthe other party either: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s 's choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 1 contract

Samples: Agreement (Travelnowcom Inc)

Money Damages. If the Losses indemnified against pursuant to the provisions of Section 10.2 Sections 13.1 and 13.2 hereof can be compensated by the payment of money to Buyerthe other party, the Indemnifying Party indemnifying party shall, within thirty twenty (3020) days after receipt of a written notice of a claim pursuant to Section 10.3 13.3, deliver to Buyerthe other party either: (i) the amount of such claim by check or by wire transfer to the bank account of that party’s 's choosing, or (ii) a written notice stating that it or he objects to the validity of such claim and setting forth in reasonable detail the grounds on which it or he is contesting the validity of the claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (Greenestone Healthcare Corp)

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