Common use of Limitations on Amount--Seller Clause in Contracts

Limitations on Amount--Seller. a. Seller will have no liability (for indemnification or otherwise) with respect to the matters described in clause (a), clause (b) or, to the extent relating to any failure to perform or comply prior to the Closing Date or the Escrow Release Date (as applicable), clause (c) of Section 10.2 until the total of all Damages with respect to such matters exceeds $50,000, and then only for the amount by which such Damages exceed $50,000.

Appears in 1 contract

Samples: Amended and Restated Stock Purchase Agreement (Genesis Solar Corp)

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Limitations on Amount--Seller. a. Seller will have no liability (for indemnification or otherwise) with respect to the matters described in clause (a), clause (b) or, to the extent relating to any failure to perform or comply prior to the Closing Date or the Escrow Release Date (as applicable)Option Exercise Date, clause (c) of Section 10.2 until the total of all Damages with respect to such matters exceeds $50,000, and then only for the amount by which such Damages exceed $50,000.

Appears in 1 contract

Samples: Stock Purchase Option Agreement (Cogenco International Inc)

Limitations on Amount--Seller. a. Seller will have no liability (for indemnification or otherwise) with respect to the matters described in clause (a), clause (b) or), to the extent relating to any failure to perform or comply prior to the Closing Date or the Escrow Release Date (as applicable)Date, clause (c), or clause (d) of Section 10.2 until the total of all Damages with respect to such matters exceeds $50,000150,000, and then then, only for Damages in excess of $150,000. In no event shall the amount aggregate indemnification to be provided by which such Damages exceed $50,000.Seller for claims under Section 10.2(a)-

Appears in 1 contract

Samples: Stock Purchase Agreement (Allis Chalmers Energy Inc.)

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Limitations on Amount--Seller. a. Seller will have no liability (for indemnification or otherwise) with respect to the matters described in clause (a), clause (b) or, to the extent relating to any failure to perform or comply prior to the Closing Date or the Escrow Release Date (as applicable)Date, clause (c) of Section 10.2 until the total of all Damages with respect to such matters exceeds $50,000, and then only for the amount by which such Damages exceed $50,000.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cogenco International Inc)

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