Common use of Threshold for CenterPoint Clause in Contracts

Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to such ---------- threshold.

Appears in 2 contracts

Samples: Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc)

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Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate -------------- Aggregate Basic Purchase Consideration; provided, however, that this -------- ------- -------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member Stockholder Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to ---------- such ---------- threshold.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, -------- ------- that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to such ---------- threshold.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member Stockholder Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to ---------- such ---------- threshold.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section Sections 6.2 and CenterPoint ----------- ------------ shall indemnify the Member Seller Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to such ---------- threshold.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ ----- amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to such ---------- threshold.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Threshold for CenterPoint. With respect to representations and ------------------------- warranties, CenterPoint shall not have any liability pursuant to Section ------- 9.2(a) hereof unless and until and only to the extent that the aggregate ------ amount of the Losses accrued pursuant to Section 9.2(a) exceeds 1% of ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Section 6.2 and CenterPoint ----------- shall indemnify the Member ----------- Partner Indemnified Parties from any Losses occurring thereunder in accordance with this Article IX without regard to such ---------- threshold.. ----------

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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