LIMITATION ON QUANTUM. 1.1. No Warrantor shall be liable in respect of [***] unless and until the amount that would otherwise be recoverable from the Warrantors (in aggregate) in respect of [***], when aggregated with any other amounts recoverable in respect of [***] exceeds [***] (the “Threshold”), in which case the Warrantors shall be liable [***].
Appears in 4 contracts
Samples: License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.), Share Purchase Agreement (Spring Bank Pharmaceuticals, Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)