Limitations on Indemnification for Breaches of Representations and Warranties. (a) Xxxxxxxxx shall not have any liability under Section 7.2(b)(i) unless the aggregate of all Losses and Expenses relating thereto for which Xxxxxxxxx would, but for this proviso, be liable to indemnify all Indemnified Parties exceeds on a cumulative basis Fifty Thousand Dollars ($50,000) (the “Indemnification Threshold”), and then only to the extent the aggregate amount of such Losses and Expenses exceed the Indemnification Threshold.
Appears in 2 contracts
Samples: Collaboration Agreement (Pdi Inc), Stock Purchase Agreement (Pdi Inc)
Limitations on Indemnification for Breaches of Representations and Warranties. (a) Xxxxxxxxx No Indemnitor shall not have any liability under Section 7.2(b)(iSections 9.2(a) or 9.3(a) unless the aggregate of all Losses and Expenses relating thereto for which Xxxxxxxxx such Indemnitor would, but for this proviso, be liable to indemnify all Indemnified Parties exceeds on a cumulative basis Fifty Thousand Dollars ($50,000) (the “Indemnification Threshold”), and then only to the extent the aggregate amount of such Losses and Expenses exceed the Indemnification Threshold.
Appears in 2 contracts
Samples: Collaboration Agreement (Pdi Inc), Collaboration Agreement (Pdi Inc)
Limitations on Indemnification for Breaches of Representations and Warranties. (a) Xxxxxxxxx [***] shall not have any liability under Section 7.2(b)(i) unless the aggregate of all Losses and Expenses relating thereto for which Xxxxxxxxx [***] would, but for this proviso, be liable to indemnify all Indemnified Parties exceeds on a cumulative basis Fifty Thousand Dollars ($50,000) (the “Indemnification Threshold”), and then only to the extent the aggregate amount of such Losses and Expenses exceed the Indemnification Threshold.
Appears in 2 contracts
Samples: Collaboration Agreement (Pdi Inc), Collaboration Agreement (Pdi Inc)