Limitations on Indemnification by Seller. (a) Seller’s indemnification obligation shall be limited to the maximum Purchase Price payable under this Agreement; provided, however, Seller will not be obligated with respect to the first Indemnity Claims up to an aggregate of $15,000 (the “Indemnification Exclusion”). The Indemnification Exclusion will not include individual Indemnity Claims of less than $1,000.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Global Tech Industries Group, Inc.), Stock Purchase Agreement (InterMetro Communications, Inc.), Stock Purchase Agreement (Lucys Cafe Inc)