Common use of Indemnification Threshold Clause in Contracts

Indemnification Threshold. Notwithstanding anything to the contrary herein, in no event shall any party be liable to any other party under any warranty, representation, indemnity or covenant made by such party in this Agreement until the aggregate amount of Damages thereunder against such party exceeds Ten Thousand Dollars ($10,000) (the "Threshold"), at which point such party shall be liable for the full amount of liability for such claims below and above the threshold.

Appears in 3 contracts

Samples: Asset Purchase Agreement (EncryptaKey, Inc.), Asset Purchase Agreement (Futomic Industries Inc), Asset Purchase Agreement (Futomic Industries Inc)

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Indemnification Threshold. Notwithstanding anything to the contrary herein, in no event shall any party be liable to any other party under any warranty, representation, indemnity or covenant made by such party in this Agreement until the aggregate amount of Damages thereunder against such party exceeds Ten Thousand Dollars ten thousand dollars ($10,000) (the "Threshold"), at which point such party shall be liable for the full amount of liability for such claims below and above the threshold.

Appears in 1 contract

Samples: Firmware and Software Source Code Purchase Agreement (Homeland Security Network, Inc.)

Indemnification Threshold. Notwithstanding anything to the contrary herein, in no event shall any party Indemnifying Party be liable to any other party Indemnified Party under any warranty, representation, indemnity or covenant made by such party in this Agreement until the aggregate amount of Damages liability of all claims thereunder against such party the Indemnifying Party exceeds Ten Thousand Dollars ten thousand dollars ($10,000) (the "Threshold"), at which point such party shall be liable for the full amount of liability for such claims below and above the threshold.

Appears in 1 contract

Samples: Merger Agreement (Xoom Inc)

Indemnification Threshold. Notwithstanding anything to the contrary herein, in no event shall any party be liable to any other party under any warranty, representation, indemnity or covenant made by such party in this Agreement until the aggregate amount of Damages thereunder against such party exceeds Ten Thousand Dollars ten thousand dollars ($10,000) (the "Threshold"), at which point such --------- party shall be liable for the full amount of liability for such claims below and above the threshold.

Appears in 1 contract

Samples: Asset Purchase Agreement (Xoom Inc)

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Indemnification Threshold. Notwithstanding anything to the contrary herein, in no event shall any party be liable to any other party under any warranty, representation, indemnity or covenant made by such party in this Agreement until the aggregate amount of Damages thereunder against such party exceeds Ten Thousand Dollars thirty thousand dollars ($10,00030,000) (the "Threshold"), at which point such party shall be liable for the full amount of liability for such claims below and above the threshold.. ​

Appears in 1 contract

Samples: Source Code Purchase and Master Services Agreement (AtlasClear Holdings, Inc.)

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