Common use of Minimum Claims Clause in Contracts

Minimum Claims. The Seller shall have no obligation to indemnify the Purchaser in respect of any Claim arising from any single Damage where the amount which would otherwise be recoverable under this Agreement in that respect does not exceed EUR 25.000. When the threshold of EUR 25.000 is met, the Purchaser shall only be entitled to recover the amount of the Damages, in excess of such threshold, without prejudice to the other limitations of liability set out herein.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc)

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