Common use of Method of Asserting Claims Clause in Contracts

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Indemnified Party" or "Seller Indemnified Party," as applicable and shall be the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Indemnified Parties.

Appears in 2 contracts

Sources: Purchase Agreement (GNC Corp), Purchase Agreement (Nbty Inc)

Method of Asserting Claims. As used herein, an "Indemnified “Indemnifed Party" shall refer to a "Purchaser Seller Indemnified Party or a Buyer Indemnified Party" or "Seller , as applicable; provided, that, with respect to any actions to be taken by an Indemnified Party under Section 5(e), “Indemnified Party," ” shall mean Buyer or Seller, as applicable and shall be the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party Party hereto obligated to indemnify such Indemnified PartiesPart(ies).

Appears in 2 contracts

Sources: Securities Purchase Agreement (MVC Capital, Inc.), Securities Purchase Agreement (Hardy John A.)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Indemnified Party,”“Shareholder Indemnified Party" or "Seller “New Operator Indemnified Party," as applicable and applicable, “Indemnified Parties” shall be the party hereto whose refer to “Purchaser Indemnified Parties are entitled to indemnification hereunderParties,”“Shareholder Indemnified Parties” or New Operator Indemnified Parties,” as applicable, and the "Indemnifying Party" shall refer to the party hereto Party obligated to indemnify such Indemnified Parties.

Appears in 1 contract

Sources: Stock Purchase Agreement (Omega Healthcare Investors Inc)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Buyer Indemnified Party" or "Seller Indemnified Party,Sellers" as applicable and applicable, the "Notifying Party" shall be refer to the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Notifying Party's Indemnified Parties.

Appears in 1 contract

Sources: Stock Purchase Agreement (Pemstar Inc)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Indemnified Party" Party or "a Seller Indemnified Party,, as applicable; the "Notifying Party" as applicable and shall be refer to the party hereto whose Indemnified Parties are entitled to indemnification hereunder, ; and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Notifying Party's Indemnified Parties.

Appears in 1 contract

Sources: Stock Purchase Agreement (Apogee Enterprises Inc)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Buyer Indemnified Party" or a "Seller Principal Indemnified Party,", as applicable, the "Notifying Party" as applicable and shall be refer to the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Notifying Party's Indemnified Parties.

Appears in 1 contract

Sources: Asset Purchase Agreement (PrimeWood, Inc.)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Buyer Indemnified Party" Party or "Seller Indemnified Party," , as applicable; provided, that, with respect to any actions to be taken by an Indemnified Party under this Section 7.4, Indemnified Party shall mean, as applicable, Buyer or the applicable and shall be the party hereto whose Indemnified Parties are entitled to indemnification hereunderSeller(s), as applicable, and the "Indemnifying Party" shall refer to the party hereto Party obligated to indemnify such Indemnified PartiesParty.

Appears in 1 contract

Sources: Asset Purchase Agreement (Prestige Brands Holdings, Inc.)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Buyer Indemnified Party" Party or "Seller Indemnified Party," , as applicable and applicable; provided, that, with respect to any actions to be taken by an Indemnified Party under this Section 9.4, “Indemnified Party” shall be mean the party hereto whose Indemnified Parties are entitled to indemnification hereunderBuyer or the Seller, as applicable, and the "Indemnifying Party" shall refer to the party hereto Party obligated to indemnify such Indemnified PartiesParty.

Appears in 1 contract

Sources: Asset Purchase Agreement

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Indemnified Party" Party or "Seller a Sole Member Indemnified Party," , as applicable and applicable; provided, that, with respect to any actions to be taken by an Indemnified Party under this Section 10.4, “Indemnified Party” shall be mean the party hereto whose Indemnified Parties are entitled to indemnification hereunderPurchaser or the Sole Member, as applicable, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Indemnified PartiesParty.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Mueller Industries Inc)

Method of Asserting Claims. As used herein, ; an "Indemnified Party" shall refer to a either the Buyer or the Seller, as applicable, the "Purchaser Indemnified Notifying Party" or "Seller Indemnified Party," as applicable and shall be refer to the party Party hereto whose Indemnified Parties are who is entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party Party hereto obligated to indemnify such Indemnified PartiesNotifying Party.

Appears in 1 contract

Sources: Asset Purchase Agreement (Telect Inc)

Method of Asserting Claims. As used hereinin this Section 10.04, an "Indemnified Party" shall refer to a an "Purchaser Acquiror Indemnified Party" or "Seller Stockholder Indemnified Party," as applicable and applicable, the "Notifying Party" shall be refer to the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Notifying Party's Indemnified Parties.

Appears in 1 contract

Sources: Merger Agreement (United Healthcare Corp)

Method of Asserting Claims. As used herein, an "Indemnified Party" shall refer to a "Purchaser Indemnified Party" or "Seller Indemnified Party," as applicable and applicable; the "Notifying Party" shall be refer to the party hereto whose Indemnified Parties are entitled to indemnification hereunder, and the "Indemnifying Party" shall refer to the party hereto obligated to indemnify such Notifying Party's Indemnified Parties.

Appears in 1 contract

Sources: Asset Purchase Agreement (Sunsource Inc)