Common use of Aggregate Minimum Claims Clause in Contracts

Aggregate Minimum Claims. 12.3.1 The Seller shall have no obligation to indemnify the Purchaser in respect of any Claim unless the aggregate amount for which the Seller would otherwise be liable under this Agreement in respect of all Claims made by the Purchaser exceeds one hundred thousand euro (EUR 100,000) and provided that, if that amount is exceeded, subject as provided elsewhere in this Clause 12, the aggregate amount shall be recoverable from the Sellers and not only the excess. 12.3.2 Once the above-mentioned amount has been exceeded, this Clause 12.3 shall no longer apply to subsequent Claims (if any).

Aggregate Minimum Claims. 12.3.1 The Seller Sellers shall have no obligation to indemnify the Purchaser Beneficiary in respect of any Claim unless the aggregate amount for which the Seller Sellers would otherwise be liable under this Agreement in respect of all Claims made by the Purchaser exceeds one hundred thousand euro (EUR 100,000) 25,000.00 and provided that, if that amount is exceeded, subject as provided elsewhere in this Clause 128, the aggregate amount of all Claims shall be recoverable from the Sellers and not only the excess. 12.3.2 Sellers. Once the above-mentioned amount has been exceeded, this Clause 12.3 8.2 shall no longer apply to subsequent Claims (if any).