Material Adverse Breach. Breaches of representations, warranties and covenants by either party hereto which (a) individually results in damages to the other party in excess of $100,000 or (b) in the aggregate result in damages to the other party in excess of $200,000, shall constitute, for purposes of this Agreement, a "Material Adverse Breach."
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Samples: Merger Agreement (Nashville Country Club Inc), Purchase Agreement (Nashville Country Club Inc)
Material Adverse Breach. Breaches of representations, warranties and covenants by either party hereto which (a) individually results in damages to the other party in excess of $100,000 20,000 or (b) in the aggregate result in damages to the other party in excess of $200,00050,000, shall constitute, for purposes of this Agreement, a "Material Adverse Breach."
Appears in 2 contracts
Samples: Stock Purchase Agreement (Tba Entertainment Corp), Stock Purchase Agreement (Tba Entertainment Corp)
Material Adverse Breach. Breaches of representations, warranties and covenants by either party hereto which (a) individually results in damages to the other party in excess of $100,000 25,000 or (b) in the aggregate result in damages to the other party in excess of $200,00050,000, shall constitute, for purposes of this Agreement, a "Material Adverse Breach."
Appears in 2 contracts
Samples: Stock Purchase Agreement (Tba Entertainment Corp), Merger Agreement (Tba Entertainment Corp)
Material Adverse Breach. Breaches of representations, warranties and covenants by either party hereto which (a) individually results in damages to the other party in excess of $100,000 10,000 or (b) in the aggregate result in damages to the other party in excess of $200,00025,000, shall constitute, for purposes of this Agreement, a "Material Adverse Breach."
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Material Adverse Breach. Breaches of representations, warranties and covenants by either party hereto which (a) individually results in damages to the other party in excess of $100,000 20,000 or (b) in the aggregate result in damages to the other party in excess of $200,00075,000, shall constitute, for purposes of this Agreement, a "Material Adverse Breach."
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