Common use of Limitation on Indemnity Clause in Contracts

Limitation on Indemnity. Any party entitled to indemnification under this Section will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,000).

Appears in 2 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement

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Limitation on Indemnity. Any party entitled to indemnification under this Section 13 will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,00050,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,00050,000).

Appears in 2 contracts

Samples: Trust Agreement, Agreement (Future Energy Corp.)

Limitation on Indemnity. Any party entitled to indemnification under this Section 12 will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,00050,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,00050,000).

Appears in 1 contract

Samples: Share Exchange Agreement (Keewatin Windpower Corp.)

Limitation on Indemnity. Any party entitled to indemnification under this Section will Sections 9.2, 9.3 or 9.4 shall only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,00050,000, at which point the indemnified party will shall be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,00050,000).

Appears in 1 contract

Samples: Share Exchange Agreement (Counterpath Corp)

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Limitation on Indemnity. Any party entitled to indemnification under this Section will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,00050,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,00050,000).

Appears in 1 contract

Samples: Share Exchange Agreement

Limitation on Indemnity. Any party entitled to indemnification under this Section will Sections 11.2, 11.3 or 11.4 shall only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $20,00050,000, at which point the indemnified party will shall be entitled to recover the entire amount of such Losses from the first dollar (including the first $20,00050,000).

Appears in 1 contract

Samples: Share Exchange Agreement (Technology Publishing, Inc.)

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