Limitation on Indemnity. Any party entitled to indemnification under Section 13 will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $50,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $50,000).
Appears in 2 contracts
Samples: Share Exchange Agreement, Share Exchange Agreement (Future Energy Corp.)
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 $50,00020,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $50,00020,000).
Appears in 2 contracts
Limitation on Indemnity. Any party entitled to indemnification under Section 13 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 $50,000, 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 $50,000).
Appears in 1 contract
Samples: Share Exchange Agreement (Technology Publishing, Inc.)
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 $50,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $50,000).
Appears in 1 contract
Samples: Share Exchange Agreement
Limitation on Indemnity. Any party entitled to indemnification under Section 13 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 $50,000, 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 $50,000).
Appears in 1 contract
Limitation on Indemnity. Any party entitled to indemnification under Section 13 12 will only be entitled to indemnification in respect of any Losses after the aggregate amount of such Losses exceeds $50,000, at which point the indemnified party will be entitled to recover the entire amount of such Losses from the first dollar (including the first $50,000).
Appears in 1 contract
Samples: Share Exchange Agreement (Keewatin Windpower Corp.)
