Common use of Indemnification Threshold Clause in Contracts

Indemnification Threshold. The Warrantors shall not be liable for indemnification to any Indemnified Party under Section 8.3(i) and (ii) unless the aggregate liability of the Warrantors is in excess of RMB 5,000,000 (the “Deductible”), in which case the Warrantors shall be liable for all amounts related to such Indemnifiable Losses (including the amounts otherwise constituting the Deductible) in accordance with Section 8.3(i) and (ii), as the case may be.

Appears in 4 contracts

Samples: Series B 2 Preferred Share Subscription Agreement, Series B 2 Preferred Share Subscription Agreement (YY Inc.), Series B 2 Preferred Share Subscription Agreement (HUYA Inc.)

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Indemnification Threshold. The Warrantors shall not be liable for indemnification to any Indemnified Party under Section 8.3(i8.11 (i), (ii) and (iiiii) unless the aggregate liability of the Warrantors is in excess of RMB 5,000,000 (the “Deductible”), in which case the Warrantors shall be liable for all amounts related to such Indemnifiable Losses (including the amounts otherwise constituting the Deductible) in accordance with Section 8.3(i8.11 (i), (ii) and (iiiii), as the case may be.

Appears in 2 contracts

Samples: Series a Preferred Share Subscription Agreement (YY Inc.), Series a Preferred Share Subscription Agreement (HUYA Inc.)

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