Amount Limitation. An Indemnified Party shall not be entitled to indemnification under this Article 11 for breach of a representation or warranty except to the extent the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 (but for this Section 11.5.(b)) exceeds Fifty Thousand Dollars ($50,000).
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 11 Section 8 for breach of a representation or warranty except to the extent that the aggregate amount of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 Section 8 (but for this Section 11.5.(b8.7.(b)) exceeds Fifty Thousand Dollars thirty-five thousand dollars ($50,00035,000).
Appears in 1 contract
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 11 8 for breach of a representation or warranty except to the extent for the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 (but for this Section 11.5.(b)) exceeds Fifty Thousand 8 in excess of Two Million Dollars ($50,0002,000,000).
Appears in 1 contract