Common use of LIMITATION UPON INDEMNITY Clause in Contracts

LIMITATION UPON INDEMNITY. (a) Neither the Stockholders nor PalEx shall be entitled to indemnification from the other under the provisions of this Article VIII until such time as the claims subject to indemnification by such party exceed, in the aggregate, Three Hundred Sixty Thousand Dollars ($360,000) (the "Indemnity Deductible").

LIMITATION UPON INDEMNITY. (a) Neither the Stockholders Stockholder nor PalEx shall be entitled to indemnification from the other under the provisions of this Article VIII until such time as the claims subject to indemnification by such party exceed, in the aggregate, Three Hundred Sixty Forty-Eight Thousand Dollars ($360,00048,000) (the "Indemnity Deductible").