Claim Notice

Example Definitions of "Claim Notice"
Claim Notice. Shall mean written notification which contains (i) a description of the Damages incurred or reasonably expected to be incurred by the Indemnified Party and the Claimed Amount of such Damages, to the extent then known, (ii) a statement that the Indemnified Party is entitled to indemnification under Section 12 for such Damages and a reasonable explanation of the basis therefor, and (iii) a demand for payment in the amount of such Damages.
Found in NxStage Medical, Inc. contract
Claim Notice. Ascribed thereto in Subsection 10.5(a)
Found in Sooner Holdings, Inc. contract
Claim Notice. Means written notification of a Claim pursuant to the Arrangement Agreement containing: (i) a description and the amount of Damages incurred or reasonably expected to be incurred by Akerna or Exchangeco, as applicable; and (ii) a statement that Akerna or Exchangeco, as applicable, is entitled to indemnification under Article 6 of the Arrangement Agreement for such Damages and a reasonable explanation of the basis therefor.
Found in Akerna Corp. contract
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