Common use of Uncontested Claims Clause in Contracts

Uncontested Claims. In the event that, within fifteen calendar ------------------ days after a Notice of Claim is received by Shareholder, Shareholder does not contest such Notice of Claim in writing to DoveBid (an "Uncontested Claim"), Shareholder will be conclusively deemed to have consented to the recovery by the DoveBid Indemnitee of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII, including the offset of any such Damages against the Debt, the Deferred Debt Payment or against amounts owed by DoveBid to Shareholder pursuant to the Convertible Promissory Notes or otherwise, and, without further notice, to have stipulated to the entry of a final judgment for damages against Shareholder for such amount in any court having jurisdiction over the matter where venue is proper.

Uncontested Claims. In the event that, within fifteen calendar ------------------ days after a Notice of Claim is received by ShareholderShareholders, Shareholder does and Shareholders do not contest such Notice of Claim in writing to DoveBid (an "Uncontested Claim"), Shareholder Shareholders will be conclusively deemed to have consented to the recovery by the DoveBid Indemnitee of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII, including the offset of any such Damages against the Debt, the Deferred Debt Payment or against amounts owed by DoveBid to Shareholder Shareholders pursuant to the Shareholders' Payable, Promissory Notes, Convertible Promissory Notes or otherwise, and, without further notice, to have stipulated to the entry of a final judgment for damages against Shareholder Shareholders for such amount in any court having jurisdiction over the matter where venue is proper.

Uncontested Claims. In the event that, within fifteen calendar ------------------ days after a Notice of Claim is received by such Shareholder, such Shareholder does not contest such Notice of Claim in writing to DoveBid (an "Uncontested Claim"), such Shareholder will be conclusively deemed to have consented to the recovery by the DoveBid Indemnitee of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII, including the offset of any such Damages against the Debt, the Deferred Debt Payment Payments or against amounts owed by DoveBid to such Shareholder pursuant to the Convertible Promissory Notes or otherwise, and, without further notice, to have stipulated to the entry of a final judgment for damages against such Shareholder for such amount in any court having jurisdiction over the matter where venue is proper.

Uncontested Claims. In the event that, within fifteen ------------------ calendar ------------------ days after a Notice of Claim is received by Shareholderthe Representative, Shareholder the Representative does not contest such Notice of Claim in writing to DoveBid (an "Uncontested Claim"), Shareholder the Representative will be conclusively deemed to have consented consented, on behalf of all Shareholders, to the recovery by the DoveBid Indemnitee of the full amount of Damages specified in the Notice of Claim in accordance with this Article VIII, including the offset of any such Damages amount against the Debt, the Deferred Debt Payment or against amounts owed by DoveBid to Shareholder the Shareholders pursuant to the Convertible Promissory Notes or otherwise, and, without further notice, to have stipulated to the entry of a final judgment for damages against Shareholder the Shareholders for such amount in any court having jurisdiction over the matter where venue is proper.