Common use of Limitations on Indemnity Obligations Clause in Contracts

Limitations on Indemnity Obligations. (a) Neither Holder nor ONVC, respectively, shall have any liability (for indemnification or otherwise) to the Indemnified Persons with respect to any matters described in this Article 6 until the total amount of Damages attributable to Holder or ONVC, respectively, with respect to such matters 13 exceeds $10,000 (the "Deductible"), and then only for the amount by which such Damages exceed the Deductible.

Appears in 1 contract

Samples: Acquisition Agreement (Online Vacation Center Holdings Corp)

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Limitations on Indemnity Obligations. (a) Neither the Holder nor ONVC, respectively, shall have any liability (for indemnification or otherwise) to the Indemnified Persons with respect to any matters described in this Article 6 until the total amount of Damages attributable to the Holder or ONVC, respectively, with respect to such matters 13 exceeds $10,000 (the "Deductible"), and then only for the amount by which such Damages exceed the Deductible.

Appears in 1 contract

Samples: Acquisition Agreement (Online Vacation Center Holdings Corp)

Limitations on Indemnity Obligations. (a) Neither Holder any of Holders nor ONVC, respectively, shall have any liability (for indemnification or otherwise) to the Indemnified Persons with respect to any matters described in this Article 6 until the total amount of Damages attributable to Holder Holders or ONVC, respectively, with respect to such matters 13 exceeds $10,000 (the "Deductible"), and then only for the amount by which such Damages exceed the Deductible.

Appears in 1 contract

Samples: Acquisition Agreement (Online Vacation Center Holdings Corp)

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Limitations on Indemnity Obligations. (a) Neither Holder nor ONVC, respectively, shall have any liability (for indemnification or otherwise) to the Indemnified Persons with respect to any matters described in this Article 6 until the total amount of Damages attributable to Holder or ONVC, respectively, with respect to such matters 13 exceeds $10,000 (the "Deductible"), and then only for the amount by which such Damages exceed the Deductible.

Appears in 1 contract

Samples: Acquisition Agreement (Online Vacation Center Holdings Corp)

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