Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller with respect to any indemnity claim under clause (i) of Section 6.1 with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Thousand Dollars ($20,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 6, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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Samples: Stock Purchase Agreement (Welch Rory), Stock Purchase Agreement (iGambit, Inc.)
Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller with respect to any indemnity claim under clause (i) of Section 6.1 5.1 with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Thousand Dollars ($20,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 6, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller Shareholder with respect to any indemnity claim under clause (i) of Section 6.1 with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Five Thousand Dollars ($20,000.0025,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 6, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller or Shareholder with respect to any indemnity claim under clause (i) of Section 6.1 to with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Five Thousand Dollars ($20,000.005,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 6, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller with respect to any indemnity claim under clause (i) of Section 6.1 8.2 with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Five Thousand Dollars ($20,000.005,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 68, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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Samples: Assignment and Assumption Agreement (iGambit, Inc.)
Indemnification Limits and Restrictions. (a) De Minimis. No indemnification shall be payable by Seller with respect to any indemnity claim under clause (i) of Section 6.1 with respect to any individual Loss (or series of related Losses arising out of the same or substantially similar circumstances) which is (or, for such a series, are in the aggregate) less than Twenty Thousand Dollars ($20,000.0025,000.00) (the “De Minimis Amount”); provided, however, that, in each case subject to the other terms of this Section 6, if such Loss (or Losses) exceeds the De Minimis Amount, then all of such indemnification shall be payable for the entire amount of such Loss (or Losses), including the portion that is less than the De Minimis Amount.
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