Limitations on and Threshold for Indemnification. (a) No Contributor shall be liable under Sections 3.2, 3.3 or 5.3 hereof unless and until the aggregate amount recoverable from Indemnifying Parties under the indemnification provisions set forth in Section 5.3 exceeds $250,000; provided, however, that once the total amount recoverable from Indemnifying Parties exceeds $250,000 in the aggregate, the Contributor's obligation under Section 5.3 hereof shall be for the full amount of such obligation.
Appears in 6 contracts
Samples: Contribution Agreement (Equity Office Properties Trust), Contribution Agreement (Equity Office Properties Trust), Contribution Agreement (Equity Office Properties Trust)
