Common use of Threshold for the Stockholders Clause in Contracts

Threshold for the Stockholders. With respect to representations ------------------------------ and warranties, the Stockholders shall not have any liability pursuant to Section 9.1(a) hereof unless and until and only to the extent that the -------------- aggregate amount of Losses accrued pursuant to Section 9.1(a) exceeds 1% of -------------- Aggregate Basic Purchase Consideration; provided, however, that this threshold shall not apply to Losses arising out of breaches of representations or warranties contained in Sections 5.1.1, 5.1.2, 5.2, and -------------------------- 5.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Threshold for the Stockholders. With respect to representations ------------------------------ and warranties, the Stockholders shall not have any liability pursuant to Section 9.1(a) hereof unless and until and only to the extent that the -------------- aggregate amount of Losses accrued pursuant to Section 9.1(a) exceeds 1% of -------------- Aggregate ------------- aggregate Basic Purchase Consideration; provided, however, that this -------- ------- threshold shall not apply to Losses arising out of breaches of representations or warranties contained in Sections 5.1.1, 5.1.2, 5.2, 5.2 and -------------------------- -------------- ----- --- 5.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Threshold for the Stockholders. With respect to ------------------------------ representations ------------------------------ and warranties, the Stockholders Members shall not have any liability pursuant to Section 9.1(a) hereof unless and until and only to the extent -------------- that the -------------- aggregate amount of Losses accrued pursuant to Section 9.1(a) -------------- exceeds 1% of -------------- Aggregate aggregate Basic Purchase Consideration; provided, however, -------- ------- that this threshold shall not apply to Losses arising out of breaches of representations or warranties contained in Sections 5.1.1, 5.1.2, 5.2, 5.2 and -------------------------- -------------- ----- --- 5.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Threshold for the Stockholders. With respect to ------------------------------ representations ------------------------------ and warranties, the Stockholders of any Company shall not have any liability pursuant to Section 9.1(a) hereof unless and until and only to the -------------- extent that the -------------- aggregate amount of Losses accrued pursuant to Section 9.1(a) ------------- exceeds 1% of -------------- Aggregate Basic the aggregate of the Stockholder's Note and Stock Purchase ConsiderationConsideration for all stockholders or members of such Company; provided, however, that this threshold shall not apply to Losses arising out of breaches of representations or warranties contained in Sections 5.1.1, 5.1.2, 5.2, 5.2 and -------------------------- 5.-------------- ----- ---

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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