Common use of Indemnification Threshold Clause in Contracts

Indemnification Threshold. No claim for indemnification will be made by any Indemnified Party against any Indemnifying Parties unless the aggregate of all Damages incurred by the Indemnified Parties exceeds $10,000, in which case the Indemnifying Parties shall be liable for such Damages including the initial $10,000.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Planet Polymer Technologies Inc), Asset Purchase Agreement (Planet Polymer Technologies Inc), Asset Purchase Agreement (Planet Polymer Technologies Inc)

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Indemnification Threshold. No claim for indemnification will may be made by any Indemnified Party against any Indemnifying Parties hereunder unless the aggregate of all Damages Losses incurred by the all Indemnified Parties and subject to indemnification exceeds $10,000, 100,000 and only to the extent of any such Losses in which case the Indemnifying Parties shall be liable for such Damages including the initial excess of $10,000100,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Commercial Assets Inc)

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