Indemnity Caps. The Buyer Indemnified Parties may not assert (a) a Rep and Warranty Claim against the Seller to the extent the aggregate amount of all Damages relating to all Rep and Warranty Claims is greater than the Indemnity Cap, or (b) any claim for indemnification arising under this Article VI against the Seller to the extent the aggregate amount of all losses relating to all claims for indemnification arising under this Article VI is greater than the Purchase Price.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Emmis Communications Corp)
Indemnity Caps. The Buyer Indemnified Parties may not assert (a) a Rep and Warranty Claim against the Seller or the Members to the extent the aggregate amount of all Damages relating to all Rep and Warranty Claims is greater than the Indemnity Cap, or (b) any claim for indemnification arising under this Article VI against the Seller or the Members to the extent the aggregate amount of all losses Damages relating to all claims for indemnification arising under this Article VI is greater than the Purchase PriceIndemnity Cap.
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Indemnity Caps. The Buyer Indemnified Parties may not assert (a) a Rep and Warranty Claim against the Seller to the extent the aggregate amount of all Damages relating to all Rep and Warranty Claims is greater than the Indemnity Cap, or (b) any claim for indemnification arising under this Article VI ARTICLE IX against Seller for the Seller breach or inaccuracy of the Fundamental Representations and Warranties or for fraud or intentional misrepresentation to the extent the aggregate amount of all losses relating to all claims for indemnification arising under this Article VI such Damages is greater than the Purchase Price.
Appears in 1 contract
Samples: Asset Purchase Agreement (Emmis Communications Corp)