Uncontested Claims. If, within 30 days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Parent as provided in Section 11.6(b), the Representative shall be conclusively deemed to have consented, on behalf of all Effective Time Holders, to the recovery by the Parent Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 11, including the forfeiture of Aggregate Escrow Cash.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (MINDBODY, Inc.)
Uncontested Claims. If, within 30 calendar days after a Notice of Claim is received by the RepresentativeRepresentative (or sooner, if the nature of such Third-Party Claim so requires), the Representative does not contest such Notice of Claim in writing to Parent as provided in Section 11.6(b), the Representative shall be conclusively deemed to have consented, on behalf of all Effective Time Holders, to the recovery by the Parent Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 11, including the forfeiture of Aggregate Escrow Cash.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Wright Medical Group N.V.)
Uncontested Claims. If, within 30 45 days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Parent Acquirer as provided in Section 11.6(b9.6(b), the Representative shall be conclusively deemed to have consented, on behalf of all Effective Time Holders, to the recovery by the Parent Acquirer Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 119, including the forfeiture of Aggregate Escrow Cash.
Appears in 1 contract