Manner of Indemnification. All indemnification hereunder shall be effected by payment of cash or delivery of a certified or official bank check to the indemnified party.
Appears in 6 contracts
Sources: LLC Membership Exchange Agreement (Category 5 Technologies Inc), Stock Purchase and Exchange Agreement (Category 5 Technologies Inc), Stock Purchase and Exchange Agreement (Category 5 Technologies Inc)
Manner of Indemnification. All indemnification hereunder shall be effected by payment of cash or delivery of a certified or official bank check to the indemnified party, or on behalf of such indemnified party to such third party as the indemnified party may direct, and where Mentor is the indemnified party, at Mentor's option, by payment from the Holdback.
Appears in 2 contracts
Sources: Option and Asset Purchase Agreement, Option and Asset Purchase Agreement (Mentor Corp /Mn/)
Manner of Indemnification. All indemnification hereunder shall be ------------------------- effected by payment of cash or delivery of a certified or official bank cashiers check to the indemnified partyIndemnified Party as soon as reasonably practicable after the conclusion of the proceeding.
Appears in 1 contract
Manner of Indemnification. All indemnification hereunder shall be effected by payment of cash or delivery of a certified or official bank check to the indemnified party.party or in
Appears in 1 contract
Manner of Indemnification. All indemnification hereunder shall be effected by payment of cash or delivery of a certified or official bank check or by wire transfer of immediately available funds to the indemnified party.Party, or on behalf of such indemnified Party to such third Party as the indemnified Party may direct
Appears in 1 contract
Sources: Exclusive Option and Asset Purchase Agreement (SWK Holdings Corp)
Manner of Indemnification. All indemnification hereunder shall be ------------------------- effected by payment of cash or delivery of a certified or official bank check to the indemnified party.
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