LIMITATIONS ON AMOUNT--BUYER. (a) Buyer shall not be liable for Damages arising in connection with its indemnification obligations under Section 9.3 hereof until the amount of such Damages exceeds $18,000,000 in the aggregate. If the aggregate amount of such Damages exceeds $18,000,000 Buyer, shall be liable for the amount of such Damages in excess of $18,000,000.
Appears in 3 contracts
Samples: Purchase Agreement (Liberty Corp), Purchase Agreement (Royal Bank of Canada), Purchase Agreement (Hipp W Hayne)
LIMITATIONS ON AMOUNT--BUYER. Buyer will have no liability (afor indemnification or otherwise) Buyer shall not be liable for Damages arising with respect to the matters described in connection with its indemnification obligations under Section 9.3 hereof until the amount total of all Damages with respect to such Damages matters exceeds $18,000,000 in the aggregate. If the aggregate amount of such Damages exceeds $18,000,000 Buyer25,000, shall be liable and then only for the amount of by which such Damages in excess of exceed $18,000,00025,000.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Newcare Health Corp), Asset Purchase Agreement (Meadowbrook Rehabilitation Group Inc)
