Common use of Amount Limitation Clause in Contracts

Amount Limitation. An Indemnified Party shall not be entitled to indemnification under this Article 10 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 10 (but for this Section 10.9) exceeds $10,000; and in such event, the Indemnified Party shall only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed the Purchase Price.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Weststar Environmental Inc), Stock Purchase Agreement (Weststar Environmental Inc)

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Amount Limitation. An Indemnified Party shall not be entitled to indemnification under this Article 10 11 for breach of a representation or warranty unless except to the extent the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 10 11 (but for this Section 10.911.5.(b)) exceeds Fifty Thousand Dollars ($10,000; and in such event, the Indemnified Party shall only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed the Purchase Price50,000).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Kaydon Corp), Asset Purchase Agreement (Hein Werner Corp)

Amount Limitation. An Indemnified Party shall will not be entitled to indemnification under this Article 10 Section 8 for breach of a representation or warranty unless except to the extent that the aggregate amount of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 10 Section 8 (but for this Section 10.98.7.(b)) exceeds thirty-five thousand dollars ($10,000; and in such event, the Indemnified Party shall only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed the Purchase Price.35,000)

Appears in 1 contract

Samples: Stock Purchase Agreement (U S Laboratories Inc)

Amount Limitation. An Except with respect to claims for breaches of representations or warranties contained in Sections 4.24 or 5.4, an Indemnified Party shall not be entitled to indemnification under this Article 10 11 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 10 11 (but for this Section 10.911.6.(b)) exceeds $10,000400,000; and in such event, the Indemnified Indemnifying Party shall be liable for indemnification only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed extent of the Purchase Priceexcess.

Appears in 1 contract

Samples: Asset Purchase Agreement (Northland Cranberries Inc /Wi/)

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Amount Limitation. An Except with respect to claims for breaches of representations or warranties contained in Sections 3.2 and 3.22, an Indemnified Party shall not be entitled to indemnification under this Article 10 9 for breach of a representation or warranty (i) unless the individual claim exceeds $25,000, and (ii) only to the extent that the aggregate of all the Indemnifying Indemnified Party's individual indemnification obligations to the Indemnified Party pursuant to this Article 10 (but for this Section 10.9) claims exceeds $10,000; and in such event, the Indemnified Party shall only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed the Purchase Price250,000.

Appears in 1 contract

Samples: Stock Purchase Agreement (Triumph Group Inc /)

Amount Limitation. An Except with respect to claims for breaches of representations or warranties contained in Sections 3.2 and 3.12.(a), an Indemnified Party shall not only be entitled to indemnification under this Article 10 8 for breach of a representation or warranty unless for the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 10 8 in excess of Two Million Dollars (but for this Section 10.9) exceeds $10,000; and in such event, the Indemnified Party shall only be entitled to indemnification for the amount above such threshold. The Seller's total liability shall not exceed the Purchase Price2,000,000).

Appears in 1 contract

Samples: Stock Purchase Agreement (Pentair Inc)

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