Common use of Minimum Claim Clause in Contracts

Minimum Claim. If any claim or groups of related claims for indemnification by an Indemnified Party that is indemnifiable under Sections 11.1(a)(ii), 11.1(a)(iv) or 11.1(b)(iv) of this Agreement results in respective aggregate Losses to such Indemnified Party that do not exceed $100,000, such Losses shall not be deemed to be Losses under this Agreement shall not be applied against the Deductible and shall not be eligible for indemnification under this Article ‎XI.

Appears in 1 contract

Samples: Asset Purchase Agreement (Western Refining, Inc.)

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Minimum Claim. If any claim or groups of related claims for indemnification by an Indemnified Party that is indemnifiable under Sections 11.1(a)(ii), 11.1(a)(ivSection 9.1(a)(iii) or 11.1(b)(ivSection 9.1(b)(iii) of this Agreement results in respective aggregate Losses to such Indemnified Party that do not exceed $100,00010,000, such Losses shall not be deemed to be Losses under this Agreement shall not be applied against the Deductible and shall not be eligible for indemnification under this Article ‎XIIX.

Appears in 1 contract

Samples: Contribution Agreement (Holly Energy Partners Lp)

Minimum Claim. If any claim or groups of related claims for indemnification by an Indemnified Party that is indemnifiable under Sections 11.1(a)(ii), 11.1(a)(iv) ), or 11.1(b)(iv) of this Agreement results in respective aggregate Losses to such Indemnified Party that do not exceed $100,000150,000, such Losses shall not be deemed to be Losses under this Agreement Agreement, shall not be applied against the Deductible Deductible, and shall not be eligible for indemnification under this Article ‎XIXI.

Appears in 1 contract

Samples: Asset Purchase Agreement (Western Refining, Inc.)

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Minimum Claim. If any single claim or groups group of related claims for indemnification by an a Buyer Indemnified Party that is indemnifiable subject to indemnity under Sections 11.1(a)(ii), Section 11.1(a)(iv) or 11.1(b)(iv) of this Agreement results in respective aggregate Losses to such Buyer Indemnified Party that do not exceed $100,000500,000, such Losses shall not be deemed to be Losses under this Agreement shall not be applied against the Deductible and shall not be eligible for indemnification under this Article ‎XIXI. This Section 11.4(b) shall not apply to Losses in respect of Seller’s Fundamental Representations or Taxes.

Appears in 1 contract

Samples: Asset Purchase Agreement (TransMontaigne Partners L.P.)

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