Common use of Indemnification Cap Clause in Contracts

Indemnification Cap. (i) The aggregate amount of Losses for which the Purchaser Indemnified Parties collectively shall be entitled to recover from the Expedia Parties pursuant to this Article VI (A) in respect of breach of representations and warranties made herein by the Expedia Parties that are not Fundamental Expedia Representations, shall not exceed US$83,859,960 (the “Cap Amount”) and (B) in respect of any breach of Fundamental Expedia Representations made herein by the Expedia Parties, shall not exceed the Purchase Price.

Appears in 4 contracts

Samples: Share Purchase Agreement (Ctrip Com International LTD), Share Purchase Agreement (Keystone Lodging Holdings LTD), Share Purchase Agreement (Expedia, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.