Payment of Indemnification. Upon the final, unappealable determination of liability and the amount of the indemnification payment under this Article, the indemnifying Party will pay such amount to the Indemnified Party in immediately available funds within thirty (30) days after such determination.
Appears in 4 contracts
Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement (Furiex Pharmaceuticals, Inc.), Assignment and Assumption Agreement (Furiex Pharmaceuticals, Inc.)
Payment of Indemnification. Upon the final, unappealable nonappealable determination of liability and the amount of the indemnification payment under this Article, the indemnifying Party will pay such amount to the Indemnified Party in immediately available funds within thirty (30) days after such determination.
Appears in 4 contracts
Samples: Option and License Agreement (Furiex Pharmaceuticals, Inc.), Option and License Agreement (Furiex Pharmaceuticals, Inc.), Option and License Agreement (Furiex Pharmaceuticals, Inc.)
