Uncontested Claims. If, within 15 business days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Acquiror as provided in Section 12.6(b), the Representative shall be conclusively deemed to have consented, on behalf of all Effective Time Holders, to the recovery by the Acquiror Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 12, including the forfeiture of cash from the Escrow Amount, and, without further notice, to have stipulated to the entry of a final judgment for damages against the Effective Time Holders for such amount in any court having jurisdiction over the matter where venue is proper.
Appears in 1 contract
Uncontested Claims. If, within 15 30 business days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Acquiror Acquirer as provided in Section 12.6(b11.8(b), the Representative shall be conclusively deemed to have consented, on behalf of all Effective Time HoldersCompany Stockholders, to the recovery by the Acquiror Acquirer Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 1211, including the forfeiture of cash from the Escrow AmountFund, and, without further notice, to have stipulated to the entry of a final judgment for damages against the Effective Time Holders Company Stockholders for such amount in any court having jurisdiction over the matter where venue is proper.
Appears in 1 contract
Uncontested Claims. IfIn the event that, within 15 twenty business days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Acquiror Acquirer as provided in Section 12.6(b11.8(b) (an "Uncontested Claim"), the Representative shall will be conclusively deemed to have consented, on behalf of all Effective Time HoldersCompany Stockholders, to the recovery by the Acquiror Acquirer Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 1211, including the forfeiture of cash from the Escrow Amount, Funds and, without further notice, to have stipulated to the entry of a final judgment for damages against the Effective Time Holders Company Stockholders for such amount in any court having jurisdiction over the matter where venue is proper.
Appears in 1 contract
Sources: Merger Agreement (Interwoven Inc)
Uncontested Claims. IfIn the event that, within 15 twenty business ------------------ days after a Notice of Claim is received by the Representative, the Representative does not contest such Notice of Claim in writing to Acquiror Parent as provided in Section 12.6(b11.8(b) (an "Uncontested Claim"), the Representative shall will be conclusively deemed to have consented, on behalf of all Effective Time HoldersCompany Shareholders, to the recovery by the Acquiror Parent Indemnified Person of the full amount of Damages specified in the Notice of Claim in accordance with this Article 1211, including the forfeiture of cash from the Escrow Amount, Funds and, without further notice, to have stipulated to the entry of a final judgment for damages against the Effective Time Holders Company Shareholders for such amount in any court having jurisdiction over the matter where venue is proper.
Appears in 1 contract
Sources: Merger Agreement (Interwoven Inc)