Limitation Regarding Indemnification. The aggregate liability of Seadrill under Section 6.1(a) above shall not exceed $10,000,000. Furthermore, no claim may be made against Seadrill for indemnification pursuant to Section 6.1(a), unless the aggregate dollar amount of all claims for indemnification pursuant to such section shall exceed $500,000, in which case Seadrill shall be liable for claims for indemnification only to the extent such aggregate amount exceeds $500,000.
Appears in 5 contracts
Samples: Omnibus Agreement, Omnibus Agreement (Seadrill LTD), Omnibus Agreement (Seadrill Partners LLC)