Common use of Minimum Claim Clause in Contracts

Minimum Claim. No Party shall have any liability or obligation to indemnify under Section 7.1(a)(ii) or Section 7.2(a)(ii), unless and until the aggregate amount for which such Party would be liable thereunder, but for this provision, exceeds One Hundred Thousand Dollars ($100,000), in which event recovery by the Indemnified Parties shall include the full aggregate amount of such liability, including such amounts as do not exceed such threshold amount. Nothing in this Section 7.6 is intended to modify or limit a Party’s liability or obligation hereunder for other indemnifiable Claims.

Minimum Claim. No If the Closing occurs, no Party shall have any liability or obligation to indemnify under Section 7.1(a)(ii) or Section 7.2(a)(ii), unless and until the aggregate amount for which such Party would be liable thereunder, but for this provision, exceeds One Million Five Hundred Thousand Dollars ($100,0001,500,000), in which event recovery by the Indemnified Parties Indemnitees shall include the full aggregate amount of such liability, including such amounts as do not exceed such threshold amount. Nothing in this Section 7.6 7.6(c) is intended to modify or limit a Party’s 's liability or obligation hereunder for other indemnifiable Indemnifiable Claims.

Minimum Claim. No Party shall have any liability or obligation to indemnify under Section 7.1(a)(ii) or Section 7.2(a)(ii), unless and until the aggregate amount for which such Party would be liable thereunder, but for this provision, exceeds One Five Hundred Thousand Dollars ($100,000500,000), in which event recovery by the Indemnified Parties shall include the full aggregate amount of such liability, including such amounts as do not exceed such threshold amount. Nothing in this Section 7.6 is intended to modify or limit a Party’s 's liability or obligation hereunder for other indemnifiable Claims.