Common use of Limitation on Amounts Clause in Contracts

Limitation on Amounts. Seller shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.1 until the total of all Purchaser's Damages with respect to such matters exceeds $25,000.00. Purchaser shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.2 until the total of all Seller's Damages with respect to such matters exceeds $25,000.00.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Medgenesis Inc), Asset Purchase Agreement (Medgenesis Inc)

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Limitation on Amounts. Seller shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.1 until the total of all Purchaser's Damages with respect to such matters exceeds $25,000.00[XXX]. Purchaser shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.2 until the total of all Seller's Damages with respect to such matters exceeds $25,000.00[XXX].

Appears in 1 contract

Samples: Asset Purchase Agreement (Medgenesis Inc)

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Limitation on Amounts. Seller shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.1 until the total of all Purchaser's Damages with respect to such matters exceeds $25,000.0025,000. Purchaser shall have no liability (for indemnification or otherwise) with respect to the matters described in clauses (a), (b), (c) and (d) of Section 12.2 until the total of all Seller's Damages with respect to such matters exceeds $25,000.0025,000.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chronimed Inc)

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