Common use of Minimum Claims Clause in Contracts

Minimum Claims. 12.2.1 The Seller shall have no obligation to indemnify the Purchaser in respect of any Claim arising from any single Loss where the amount which would otherwise be recoverable under this Agreement in that respect does not exceed thirty-five thousand euro (EUR 35,000) and provided that, if that amount is exceeded, subject as provided elsewhere in this Clause 12, the aggregate amount shall be recoverable from the Sellers and not only the excess.

Appears in 4 contracts

Samples: Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV)

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