Limitations Regarding Environmental Indemnification. The aggregate liability of Parent in respect of all Covered Environmental Losses under Section 2.1(a) shall not exceed $7,500,000. Parent shall not have any obligation under Section 2.1(a) until the Covered Environmental Losses of the Partnership Group exceed $250,000, and then only to the extent such aggregate Covered Environmental Losses exceed $250,000. Notwithstanding anything herein to the contrary, in no event shall Parent have any indemnification obligations under Section 2.1(a) for claims made as a result of additions to or modifications of Environmental Laws promulgated after the Closing Date.
Appears in 4 contracts
Samples: Omnibus Agreement (SemGroup Energy Partners, L.P.), Omnibus Agreement (SemGroup Energy Partners, L.P.), Omnibus Agreement (SemGroup Energy Partners, L.P.)
