Common use of Indemnification Basket Clause in Contracts

Indemnification Basket. Any of the foregoing notwithstanding, no party will have any right to indemnification unless and until the aggregate damages indemnifiable by the indemnifying party exceed One Hundred Fifty Thousand Dollars ($150,000.00) and thereafter will be entitled to the full extent of the damages including the first One Hundred Fifty Thousand Dollars ($150,000.00).

Indemnification Basket. (a) Any of the foregoing notwithstanding, no party will have any right to indemnification unless and until the aggregate damages indemnifiable by the indemnifying party exceed One Hundred Fifty Thousand Dollars ($150,000.0050,000.00) and thereafter will be entitled to the full extent of the damages including the first One Hundred Fifty Thousand Dollars ($150,000.0050,000.00).

Indemnification Basket. (a) Any of the foregoing notwithstanding, no party will have any right to indemnification unless and until and only to the extent that the aggregate damages indemnifiable by the indemnifying party exceed One Two Hundred and Fifty Thousand Dollars ($150,000.00) and thereafter will be entitled to the full extent of the damages including the first One Hundred Fifty Thousand Dollars ($150,000.00250,000.00).