Common use of Aggregate Minimum Claims Clause in Contracts

Aggregate Minimum Claims. 9.2.1 The Seller shall not be liable under this Agreement for breach of any 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 Warranty (disregarding the provisions of this Clause 9.2) exceeds $1,000,000. 9.2.2 Where the liability agreed or determined in respect of all claims exceeds $1,000,000 subject as provided elsewhere in this Clause 9, the Seller shall be liable for the aggregate amount of all claims as agreed or determined.

Appears in 2 contracts

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

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Aggregate Minimum Claims. 9.2.1 The Seller Sellers shall not be liable under this Agreement for breach of any 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 Warranty (disregarding the provisions of this Clause 9.2) exceeds $1,000,000. 9.2.2 Where the liability agreed or determined in respect of all claims exceeds $1,000,000 subject as provided elsewhere in this Clause 9, the Seller shall be liable for the aggregate amount of all claims as agreed or determined.

Appears in 1 contract

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

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Aggregate Minimum Claims. 9.2.1 The Seller Sellers shall not be liable under this Agreement for breach of any 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 Warranty (disregarding the provisions of this Clause 9.2) exceeds $1,000,000. 9.2.2 Where the liability agreed or determined in respect of all claims exceeds $1,000,000 subject as provided elsewhere in this Clause 9, the Seller Sellers shall be liable for the aggregate amount of all claims as agreed or determined.

Appears in 1 contract

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

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