Common use of Aggregate Minimum Claims Clause in Contracts

Aggregate Minimum Claims. 10.3.1 The Seller shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement for breach of any Seller’s Warranty (disregarding the provisions of this Clause 10.3) exceeds 1 per cent of the Headline Amount.

Appears in 3 contracts

Samples: Sale and Purchase Agreement (Glaxosmithkline PLC), Sale and Purchase Agreement (Novartis Ag), Sale and Purchase Agreement (Novartis Ag)

AutoNDA by SimpleDocs

Aggregate Minimum Claims. 10.3.1 9.2.1 The Seller shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement for breach of any Seller’s Warranty (disregarding the provisions of this Clause 10.39.2) exceeds 1 per cent of the Headline Amount$1,000,000.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Via Net Works Inc), Sale and Purchase Agreement (Mawlaw 660, LTD)

Aggregate Minimum Claims. 10.3.1 9.2.1 The Seller Sellers shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller Sellers would otherwise be liable under this Agreement for breach of any Seller’s Warranty (disregarding the provisions of this Clause 10.39.2) exceeds 1 per cent of the Headline Amount$1,000,000.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Via Net Works Inc), Sale and Purchase Agreement (Via Net Works Inc)

Aggregate Minimum Claims. 10.3.1 9.3.1 The Seller shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax a Fundamental Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement for breach of any Seller’s Warranty (other than a Fundamental Warranty) (disregarding the provisions of this Clause 10.39.3) exceeds 1 per cent of the Headline AmountUS$400,000.

Appears in 2 contracts

Samples: Asset Purchase Agreement (FXCM Inc.), Asset Purchase Agreement (FXCM Inc.)

Aggregate Minimum Claims. 10.3.1 11.4.1 The Seller shall not be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty (disregarding the provisions of this Clause 10.311.4) exceeds 1 one per cent cent. of the Headline AmountPrice.

Appears in 2 contracts

Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag)

Aggregate Minimum Claims. 10.3.1 11.3.1 The Seller Sellers shall not be liable under this Agreement for breach of any Seller’s Sellers’ Warranty (other than any or claim under the Tax Warranty) Deed of Covenant in respect of any claim unless the aggregate amount of all claims for which the Seller Sellers would otherwise be liable under this Agreement for breach of any Seller’s Sellers’ Warranty and under the Tax Deed of Covenant (disregarding the provisions of this Clause 10.311.3) exceeds 1 per cent of the Headline Amount€2,500,000.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Intercontinental Hotels Group PLC /New/)

Aggregate Minimum Claims. 10.3.1 The Seller Sellers shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim for breach of a Sellers’ Warranty unless the aggregate amount of all claims for which the Seller Sellers would otherwise be liable under this Agreement for breach of any Seller’s Sellers’ Warranty (disregarding the provisions of this Clause 10.3) exceeds 1 per cent of the Headline Amount€6,000,000.

Appears in 1 contract

Samples: Share Purchase Agreement (Intercontinental Hotels Group PLC /New/)

AutoNDA by SimpleDocs

Aggregate Minimum Claims. 10.3.1 10.4.1 The Seller shall not be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty or under the Tax Indemnity (disregarding the provisions of this Clause 10.310.4) exceeds 1 per cent cent. of the Headline AmountPurchase Price.

Appears in 1 contract

Samples: Share and Business Sale Agreement (Novartis Ag)

Aggregate Minimum Claims. 10.3.1 The Seller Sellers shall not be liable under this Agreement for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim for a breach of Clause 6.1.1 or for a breach of a Sellers’ Warranty unless the aggregate amount of all claims for which the Seller Sellers would otherwise be liable under this Agreement for breach of any Seller’s Clause 6.1.1 or Sellers’ Warranty (disregarding the provisions of this Clause 10.3) exceeds 1 per cent £40,000,000 except in the case of any claim in relation to the Headline AmountSellers’ Warranties under paragraphs 1.1, 13.8, 15.1 and 17 of Schedule 5.

Appears in 1 contract

Samples: Share Purchase Agreement (PPL Corp)

Aggregate Minimum Claims. 10.3.1 10.4.1 The Seller shall not be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty (other than any Tax Warranty) in respect of any claim unless the aggregate amount of all claims for which the Seller would otherwise be liable under this Agreement or any Local Transfer Document for breach of any Seller’s Warranty (disregarding the provisions of this Clause 10.310.4) exceeds 1 one per cent cent. of the Headline AmountPrice.

Appears in 1 contract

Samples: Share and Business Sale Agreement (Glaxosmithkline PLC)

Time is Money Join Law Insider Premium to draft better contracts faster.