Limitation Regarding Indemnification. The aggregate liability of KNOT under Section 13.1(a) above shall not exceed $5,000,000. Furthermore, no claim may be made against KNOT for indemnification pursuant to Section 13.1(a), unless the aggregate dollar amount of all claims for indemnification pursuant to such section shall exceed $500,000, in which case KNOT shall be liable for claims for indemnification only to the extent such aggregate amount exceeds $500,000.
Appears in 4 contracts
Samples: Omnibus Agreement (KNOT Offshore Partners LP), Omnibus Agreement (KNOT Offshore Partners LP), Omnibus Agreement (KNOT Offshore Partners LP)
