Indemnification Cap. No party can recover under paragraphs 7.1 or 7.2 an amount in excess of Ten Thousand Dollars ($10,000). The foregoing limitation shall not apply to recovery for breaches of the Representations and Warranties of Organization, Existence, Good Standing, Power and Authority, and Enforceability.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (PayMeOn, Inc.), Membership Interest Purchase Agreement (PayMeOn, Inc.)
Indemnification Cap. No party Party can recover under paragraphs 7.1 or 7.2 paragraph 7 an amount in excess of Ten Twenty-Five Thousand Dollars ($10,00025,000). The foregoing limitation shall not apply to recovery for breaches a breach under paragraphs 3 and 4 of the Representations and Warranties of Organizationthis Agreement, Existencefraud, Good Standingmisrepresentation, Power and Authority, and Enforceabilityor any intentional or willful misconduct or omission by a Party.
Appears in 2 contracts
Samples: Rockstar Membership Interest Purchase Agreement (PayMeOn, Inc.), Rockstar Membership Interest Purchase Agreement (PayMeOn, Inc.)
Indemnification Cap. No party can recover under paragraphs 7.1 12.1 or 7.2 12.2 an amount in excess of Ten Thousand Dollars the principal amount of the cash ($10,000excluding accrued interest, the Merchandise Inventory Price and the Receivables Price) paid by the Buyer to the Seller pursuant to this Agreement and other documents executed in connection (the “Indemnification Cap”). The foregoing limitation shall not apply to recovery for breaches of the Representations and Warranties of Organization, Existence, Good Standing, Power and Authority, Enforceability, and EnforceabilityEmployee Benefit Plans.
Appears in 2 contracts
Samples: Pharmacy Purchase Agreement (Graymark Healthcare, Inc.), Pharmacy Purchase Agreement (Graymark Healthcare, Inc.)