Common use of Limitation on Mutual Indemnification Clause in Contracts

Limitation on Mutual Indemnification. The indemnification obligations of each of the Parties pursuant to section 7.1 shall be subject to the following: (a) the applicable limitation mentioned in Article V respecting the survival of the representations and warranties of the Parties; (b) there shall be no limit as to amount in respect of breaches of the representations and warranties of the Parties other than as specifically limited by the provisions of the section; and (c) an Indemnifying Party shall not be required to indemnify an Indemnified Party until the aggregate Claims sustained by the Indemnified Party exceeds a value of $5,000, in which case the Indemnifying Party shall be obligated to the Indemnified party for all Claims without limit as to amount. 7.4

Limitation on Mutual Indemnification. The indemnification obligations of each of the Parties pursuant to section 7.1 8(a) and 8(b) shall be subject to the following: (a) i. the applicable limitation mentioned in Article V section 6 respecting the survival of the representations and warranties of the Parties; ii. the indemnity obligations under section 8(b) shall survive for a period of five (b5) years from the Closing Date; iii. there shall be no limit as to amount in respect of breaches of the representations and warranties of the Parties other than as specifically limited by the provisions of the section; and (c) iv. an Indemnifying Party shall not be required to indemnify an Indemnified Party until the aggregate Claims sustained by the Indemnified Party exceeds exceed a value of $5,000, in which case the Indemnifying Party shall be obligated to the Indemnified party for all Claims without limit as to amount. 7.4(d)

Limitation on Mutual Indemnification. The indemnification obligations of each of the Parties pursuant to section 7.1 11.1 and 11.2 shall be subject to the following: (a) the applicable limitation mentioned in Article V VIII respecting the survival of the representations and warranties of the Parties; (b) the indemnity obligations under section 11.2 shall survive for a period of five (5) years from the Closing Date; (c) there shall be no limit as to amount in respect of breaches of the representations and warranties of the Parties other than as specifically limited by the provisions of the section; and (cd) an Indemnifying Party shall not be required to indemnify an Indemnified Party until the aggregate Claims sustained by the Indemnified Party exceeds a value of $5,000, in which case the Indemnifying Party shall be obligated to the Indemnified party for all Claims without limit as to amount. 7.411.4