Common use of Limitations on Amount Clause in Contracts

Limitations on Amount. None of InterCept, Merger Sub or the --------------------- Shareholders will have liability (for indemnification or otherwise) with respect to the matters described in clause 9.2(a) or 9.2(b) or for any other matter unless and until the total of all damages with respect to such matters exceeds $25,000. However, this provision in Section 9.3(c) will not apply to any breach of any of the representations and warranties of either Company, the Shareholders, InterCept or the Merger Sub where said party had knowledge at any time prior to the date on which such representation or warranty is made that the representation or warranty was not accurate. Further, the provisions of this Section 9.3(c) will not apply to an intentional breach by any party of any covenant or obligation.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

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Limitations on Amount. None of InterCept, Merger Sub Buyer or the --------------------- Shareholders will have liability (for indemnification or otherwise) with respect to the matters described in clause 9.2(a10.2(a) or 9.2(b10.2(b) or for any other matter unless and until the total of all damages with respect to such matters exceeds $25,000. However, this provision in Section 9.3(c10.3(c) will not apply to any breach of any of the representations and warranties of either the Company, the Shareholders, InterCept or the Merger Sub Buyer where said party had knowledge at any time prior to the date on which such representation or warranty is made that the representation or warranty was not accurate. Further, the provisions of this Section 9.3(c10.3(c) will not apply to an intentional breach by any party either the Buyer, InterCept or the Shareholders of any covenant or obligation.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

Limitations on Amount. None of InterCeptProVesa, Merger Sub Buyer or the --------------------- Shareholders will have liability (for indemnification or otherwise) with respect to the matters described in clause 9.2(a11.2(a) or 9.2(b11.2(b) or for any other matter unless and until the total of all damages with respect to such matters exceeds $25,000. However, this provision in Section 9.3(c11.3(c) will not apply to any breach of any of the representations and warranties of either the Company, the Shareholders, InterCept ProVesa or the Merger Sub Buyer where said party had knowledge at any time prior to the date on which such representation or warranty is made that the representation or warranty was not accurate. Further, the provisions of this Section 9.3(c11.3(c) will not apply to an intentional breach by any party either the Buyer, ProVesa or the Shareholders of any covenant or obligation.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

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Limitations on Amount. None of InterCept, Merger Sub or the --------------------- Shareholders Shareholder will have liability (for indemnification or otherwise) with respect to the matters described in clause 9.2(a) or 9.2(b) or for any other matter unless and until the total of all damages with respect to such matters exceeds $25,000. However, this provision in Section 9.3(c) will not apply to any breach of any of the representations and warranties of either the Company, the ShareholdersShareholder, InterCept or the Merger Sub where said the party had knowledge at any time prior to the date on which such representation or warranty is made that the representation or warranty was not accurate. Further, the provisions of this Section 9.3(c) will not apply to an intentional breach by any party of any covenant or obligation.

Appears in 1 contract

Samples: Acquisition and Merger Agreement (Intercept Group Inc)

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