Common use of Claims Not Disputed by Representative Clause in Contracts

Claims Not Disputed by Representative. If, within 20 days after receipt of the notice described in Section 3.01 hereof, the Representative does not give the notice provided for in Section 3.03 hereof, Parent shall be entitled to make demand upon the Escrow Agent that it retain for future return to Parent as and when the amount of the Loss is determined pursuant to the provisions hereof, if it is not then determined, or that it then disburse to Parent, if the amount of the Loss has then been determined, a number of Escrow Shares having a value equal to the lesser of (i) the full amount set forth in the notice described in Section 3.01 (plus the value of all securities held in the Escrow Fund which constitutes, or arose in respect of, dividends and distributions on such Escrow Shares) and (ii)

Claims Not Disputed by Representative. If, within 20 business days after receipt of the notice described in Section 3.01 hereof, the Representative does not give the notice provided for in Section 3.03 hereof, Parent shall be entitled to make written demand upon the Escrow Agent that it retain for future return to Parent as and when the amount of the Loss is determined pursuant to the provisions hereof, if it is not then determined, or that it then disburse to Parent, if the amount of the Loss has then been determined, a number of Escrow Shares having a value equal to the lesser of (i) the full amount set forth in the notice described in Section 3.01 (plus the value of all securities held in the Escrow Fund which constitutes, or arose in respect of, dividends and distributions on such Escrow Shares) and (ii)