Common use of De Minimis Claims Clause in Contracts

De Minimis Claims. 5.1 Subject to paragraph 5.4, VIP shall not be liable in respect of any HET Claim (other than a VIP Disclosure Warranty Claim, a VIP Indemnity Claim or a VIP Tax Non-Warranty Claim) unless the amount of damages to which HET would, but for this paragraph, be entitled as a result of that HET Claim is at least EUR10,000,000.

Appears in 3 contracts

Samples: Contribution and Framework Agreement (VEON Ltd.), www.sec.gov, Agreement (VimpelCom Ltd.)

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De Minimis Claims. 5.1 Subject to paragraph 5.4, VIP HET shall not be liable in respect of any HET VIP Claim (other than a VIP HET Disclosure Warranty Claim, a VIP HET Indemnity Claim or a VIP HET Tax Non-Warranty Claim) unless the amount of damages to which HET VIP would, but for this paragraph, be entitled as a result of that HET VIP Claim is at least EUR10,000,000.

Appears in 3 contracts

Samples: Contribution and Framework Agreement (VEON Ltd.), www.sec.gov, Agreement (VimpelCom Ltd.)

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