Indemnification Caps. Notwithstanding any other provision hereof, the parties' indemnification obligations under Sections 12 and 13 with respect to any matter arising out of, under or in connection with this Agreement shall not exceed in the aggregate US$500,000 per Claim or event, subject to a total aggregate capped amount of US$1,000,000 over the term of this Agreement. 13.4
Indemnification Caps. Notwithstanding any other provision hereof, no Indemnifying Party shall have any liability with respect to Losses under Sections 11.1.1, 11.1.2 and 11.1.3 for property damage to the BOC Facility or the Sunoco Refinery in excess of the following amounts: an amount of [****] per occurrence (the “Per Occurrence Indemnification Cap”) and an aggregate amount of [****] per Contract Year (the “Contract Year Indemnification Cap” and, together with the Per Occurrence Indemnification Cap, “Indemnification Caps”). The Indemnification Caps set forth in this Section 11.2.1 shall not apply to third party claims or claims for personal injury.
Indemnification Caps. Except as otherwise provided in this Agreement, the maximum individual liability of any Indemnifying Party, pursuant to this Section 9 for claims for Losses incurred, sustained or accrued by the Indemnified Parties, or any of them, directly or indirectly, as a result of or arising out of the following items shall not exceed (in each case before deduction of any applicable Taxes) the applicable amount specified below (such applicable amount, the “Cap”):
Indemnification Caps. The respective Indemnifier's total liability for any and all Environmental Liabilities relating to one single site, as set out below, for which it may be held liable under this Section, shall be limited as follows:
Indemnification Caps. The maximum liability for Losses under each of Section 8.02(i) and Section 8.03(i) shall be One Million Dollars ($1,000,000) (the "CAP").
Indemnification Caps. (i) Except with respect to any claims for Fraud, the Company Indemnifying Parties’ aggregate liability for any Losses under Section 6.2 shall be limited to the Escrow Shares and any such Losses shall be recovered solely from the Escrow Account.
Indemnification Caps. Each of Parent and Merger Subsidiary acknowledge and agree, on behalf of themselves and on behalf of each Parent Indemnified Party, that, except as set forth in Section 9.3(d), the Parent Indemnified Parties’ rights to receive indemnification pursuant to this Agreement shall be satisfied solely and exclusively as follows:
Indemnification Caps. Notwithstanding anything to the contrary in this Article 8, except as provided in Section 8.5(f) with respect to fraud or willful misconduct, the following limitations with respect to the maximum amount of the Losses subject to indemnification under this Article 8 shall apply:
Indemnification Caps. The maximum aggregate liability of Seller and Shareholder for indemnification under this Agreement shall be equal to One Million One Hundred Thousand Dollars ($1,100,000) (the "One Million One Hundred Thousand Dollar Cap") for all indemnification claims except for Excluded Claims or for a Purchase Price adjustment pursuant to Article III. The maximum aggregate liability of Seller and Shareholder for a Purchase Price adjustment pursuant to Article III or indemnification under this Agreement for Excluded Claims shall not exceed the lesser of the Purchase Price or $12,292,000.00 (the "PURCHASE PRICE CAP"). The maximum aggregate liability of Buyer and Parent for indemnification pursuant to Section 13.3(i) hereof shall be equal to the Purchase Price, for indemnification pursuant to Section 13.3(ii) hereof shall be unlimited, and for indemnification pursuant to Section 13.3(iii) hereof shall be equal to $4,000,000.00.
Indemnification Caps. (i) Subject to Section 9.3(e), each of the Indemnified Parties’ sole and exclusive source of recovery for claims under Section 9.2(a)(i) and Section 9.2(a)(v) shall be recourse against and recovery from the Escrow Fund.
