Minimum and Maximum Amount Sample Clauses

Minimum and Maximum Amount. Notwithstanding the foregoing, and subject to the following provisions, the amount of Indemnifiable Damages payable by the Seller and JCI arising under Section 8.1 hereof shall be limited as follows: (i) The Buyer shall not be entitled to recover Indemnifiable Damages for any matter described in Sections 8.1(a) or 8.1(d) hereof unless and until the aggregate of all Claims for Indemnifiable Damages asserted pursuant to such Sections hereof exceeds $250,000 and then only for the excess over $250,000. The limitations set forth in this provision do not apply to Indemnifiable Damages asserted pursuant to Section 8.1(e) hereof. (ii) The amount of Indemnifiable Damages payable by the Seller and JCI arising out of or relating to the inaccuracy or breach of a representation or warranty pertaining to Section 4.16 (Environmental) shall in no event exceed $4,000,000 in the aggregate. The limitations set forth in this provision do not apply to Indemnifiable Damages asserted pursuant to Section 8.1(e) hereof. (iii) The amount of Indemnifiable Damages payable by the Seller and JCI arising out of or relating to Section 8.1(a) [except as to the inaccuracy or breach of a representation or warranty pertaining to Section 4.16 (Environmental), to which the provisions of Section 8.6(a)(ii) shall apply]; or Section 8.1(d) shall in no event exceed $1,500,000 in the aggregate. The limitations set forth in this provision do not apply to Indemnifiable Damages asserted pursuant to Section 8.1(e) hereof.
AutoNDA by SimpleDocs
Minimum and Maximum Amount. − MINIMUM. The guaranteed minimum amount will be $300,000.00, which the Government guarantees to issue one order for a total amount not less than the minimum. There will be no further obligation on the part of the Government to issue additional orders thereafter. − MAXIMUM. The total amount of all orders placed against this contract shall not exceed $9,000,000.00 over the five (5) year period of performance.
Minimum and Maximum Amount. The Salary Reduction Agreement may establish an annual minimum deferral amount no higher than $200, and may change such minimum to a different amount (but not in excess of $200) from time to time. The Salary Reduction Agreement may also establish a uniform maximum deferral limit.
Minimum and Maximum Amount. Notwithstanding the foregoing, and subject to the following provisions and to the limitations set forth in Section 3.4(e), the maximum amount of Losses payable by the Holders and the Company arising under Section 10.2 in no event shall exceed the amounts held in the Escrow. Moreover, the Parent Indemnitees shall not be entitled to recover Losses for any matter unless and until the aggregate of all claims for Losses asserted exceeds $125,000 and in either case only to the extent of such excess.
Minimum and Maximum Amount. Notwithstanding the foregoing and subject to the following provisions, the maximum amount of Indemnifiable Damages payable by Purchaser arising under this Section 6 in no event shall exceed the market value of the Purchaser shares of restricted Common Stock transferred under Section 1(b)(ii) of this Agreement in the absence of fraud. Moreover, neither party shall be entitled to recover Indemnifiable Damages for any matter unless and until the aggregate of all claims for Indemnifiable Damages asserted exceeds Ten Thousand Dollars ($10,000) and then only to the extent of such excess.
Minimum and Maximum Amount. Notwithstanding the foregoing and subject to the following provisions, the maximum amount of Indemnifiable Damages payable by either party arising under this Section 6 in no event shall exceed the market value of the SportsStar Shares and Stock Options transferred under Section 1(b)(ii) and 1(b)(vi) of this Agreement in the absence of fraud on behalf of either party. Moreover, neither party shall be entitled to recover Indemnifiable Damages for any matter unless and until the aggregate of all claims for Indemnifiable Damages asserted exceeds Ten Thousand Dollars ($10,000) and then only to the extent of such excess.
Minimum and Maximum Amount. Notwithstanding the foregoing, and subject to the following provisions, the maximum amount of Indemnifiable Damages payable by the Controlling Shareholders arising under Section 9.1(a) or 9.1(c) hereof (other than Indemnifiable Damages under Section 9.1(a) arising out of an inaccuracy or breach of the representations and warranties made in Sections 4.19 or 4.21 hereof or, in the case of Indemnifiable Damages under Section 9.1(c) hereof, if such claim relates to Environmental Laws or Taxes) in no event shall exceed $4,000,000 in the absence of fraud or intentional misrepresentation on behalf of the Shareholders. Moreover, the Indemnitee shall not be entitled to recover Indemnifiable Damages for the matters described in Sections 9.1(a) or 9.1(c) hereof (other than Indemnifiable Damages under Section 9.1(a) arising out of (i) an inaccuracy or breach of the representations or warranties contained in Section 4.11 hereof or (ii) any of the matters described in Section 9.4(a)(i) hereof or, in the case of Indemnifiable Damages under Section 9.1(c) hereof, if such claim relates to any of the matters which are the subject of the representations contained in Section 4.11 or which are described in Section 9.4(a)(i) hereof) unless and until the aggregate of all claims for Indemnifiable Damages asserted pursuant to Sections 9.1(a) and 9.1(c) hereof exceeds $200,000 and then only for the amount of Indemnifiable Damages in excess of $200,000.
AutoNDA by SimpleDocs
Minimum and Maximum Amount. Notwithstanding the foregoing, and subject to the following provisions, the maximum amount of Indemnifiable Damages payable by the Sellers and the Shareholder arising under Section 8.1(i) and (ii) hereof (other than Indemnifiable Damages arising out of an inaccuracy or breach of the representation and warranties at Sections 4.9 and 4.17 and at Section 4.23(a) if arising out of or related to any event prior to Closing) in no event shall exceed $4,000,000 for aggregate claims first asserted hereunder by Buyer during the first 12 months after Closing, for the next 24 months an aggregate of $2,000,000 less the aggregate of claims asserted during the first 12 months after Closing (but not less than zero) and zero thereafter, in the absence of fraud on behalf of the Seller and/or the Shareholder. Moreover, the Buyer shall not be entitled to recover Indemnifiable Damages for any matter described in Section 8.1(i) and (ii) hereof (except if such matter arises from an inaccuracy or breach of the representations or warranties at Section 4.9, 4.17 and 4.23(a) hereof) unless and until in the case of any product rework, chargeback, field warranty or similar claim, including those under Section 4.23(b), an aggregate of $500,000 plus 50% of all such claims in excess of $500,000 and the aggregate of all other claims for Indemnifiable Damages asserted pursuant to Section 8.1(i) and (ii) hereof exceeds (i) the greater of $500,000, or

Related to Minimum and Maximum Amount

  • Maximum Amount In consideration of the services to be performed by Contractor, the State agrees to pay Contractor, in accordance with the payment provisions specified in Attachment B, a sum not to exceed $250,000.00.

  • Minimum Amount No prepayment shall be required pursuant to Section 5.2(a)(i) (i) in the case of any Disposition yielding Net Cash Proceeds of less than $1,000,000 in the aggregate and (ii) unless and until the amount at any time of Net Cash Proceeds from Prepayment Events required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior to such time to prepay Term Loans pursuant to such Section exceeds (x) $10,000,000 for a single Prepayment Event or (y) $50,000,000 in the aggregate for all Prepayment Events (other than those which are either under the threshold specified in subclause (i) or over the threshold specified in subclause (ii)(x)) in any one fiscal year, at which time all such Net Cash Proceeds referred to in this subclause (y) with respect to such fiscal year shall be applied as a prepayment in accordance with this Section 5.2.

  • Minimum Amounts (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and (B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000 unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, however, that concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met.

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!