Limitations on Amount. the Acquiror. No Company Indemnified Party shall be entitled to indemnification pursuant to Section 11.3, unless and until the aggregate amount of Damages to all Company Indemnified Parties with respect to such matters under Section 11.4 exceeds US $100,000, at which time, the Company Indemnified Parties shall be entitled to indemnification for the total amount of such Damages in excess of US $100,000.
Appears in 3 contracts
Samples: Share Exchange Agreement (General Components, Inc.), Share Exchange Agreement (Lotus Liberator Fund), Share Exchange Agreement (Lotus Liberator Fund)
Limitations on Amount. the Acquiror. No Company Indemnified Party shall be entitled to indemnification pursuant to Section 11.312.3, unless and until the aggregate amount of Damages to all Company Indemnified Parties with respect to such matters under Section 11.4 12.3.1 exceeds US $100,00050,000, at which time, the Company Indemnified Parties shall be entitled to indemnification for the total amount of such Damages in excess of US $100,00050,000.
Appears in 2 contracts
Samples: Share Exchange Agreement (Techedge Inc), Share Exchange Agreement (Techedge Inc)
Limitations on Amount. the AcquirorCompany. No The Company Indemnified Party shall not be entitled to indemnification pursuant to Section 11.312.3, unless and until the aggregate amount of Damages to all Company Indemnified Parties with respect to such matters under Section 11.4 12.3.1 exceeds US $100,000250,000, at which time, time the Company Indemnified Parties Party shall be entitled to indemnification for the total amount of such Damages in excess of US $100,000250,000.
Appears in 1 contract
