Common use of Indemnity Basket Clause in Contracts

Indemnity Basket. Notwithstanding anything to the contrary ---------------- set forth herein, an Indemnified Party shall not make a claim against the applicable Indemnifying Party for indemnification under this Article VIII for iPrint Losses or Wood Losses (as the case may be) (collectively, "Losses") ------ unless and until the aggregate amount of the Losses of the applicable Indemnified Party exceeds $100,000 (the "Threshold"), in which event the --------- Indemnified Party may claim indemnification for all such Losses, including the initial $100,000; provided that the Threshold restriction shall not apply to any inaccuracy or breach of any representation or warranty contained in Section 3.2 (Wood Capital Structure) of this Agreement.

Indemnity Basket. Notwithstanding anything to the contrary ---------------- set forth herein, an Indemnified Party shall not make a claim against the applicable Indemnifying Party for indemnification under this Article VIII for iPrint Losses or Wood Losses (as the case may be) (collectively, "LossesLOSSES") ------ unless and until the aggregate amount of the Losses of the applicable Indemnified Party exceeds $100,000 (the "ThresholdTHRESHOLD"), in which event the --------- Indemnified Party may claim indemnification for all such Losses, including the initial $100,000; provided that the Threshold restriction shall not apply to any inaccuracy or breach of any representation or warranty contained in Section 3.2 (Wood Capital Structure) of this Agreement.