Common use of Threshold Clause in Contracts

Threshold. No indemnification shall be made under Section 14.2 until the aggregate amount of Purchaser Damages thereunder exceeds $25,000, but if the aggregate amount of Purchaser Damages thereunder exceeds $25,000 in the aggregate, then indemnification shall be made by Seller thereunder to the full extent of the Purchaser Damages.

Appears in 8 contracts

Samples: Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp), Asset Purchase Agreement (Balanced Care Corp)

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Threshold. No indemnification shall be made under Section 14.2 either Sections 7.02 --------- ------------- or 7.03 until the aggregate amount of Purchaser Buyer Damages thereunder exceeds $25,000, but 250,000 ---- if the aggregate amount of Purchaser Buyer Damages thereunder exceeds $25,000 in the aggregate250,000, then indemnification shall be made by Seller thereunder to the full extent of the Purchaser Buyer Damages.

Appears in 2 contracts

Samples: Stock Purchase Agreement (United States Filter Corp), Stock Purchase Agreement (United States Filter Corp)

Threshold. No indemnification shall be made under Section 14.2 17.1 until the aggregate amount of Purchaser Damages thereunder exceeds $25,00015,000, but if the aggregate amount of Purchaser Damages thereunder exceeds $25,000 15,000 in the aggregate, then indemnification shall be made by Seller thereunder to the full extent of the Purchaser Damages.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Balanced Care Corp)

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Threshold. No indemnification shall be made under Section 14.2 until the aggregate amount of Purchaser Damages thereunder exceeds $25,000, but if the aggregate amount of Purchaser Damages thereunder exceeds $25,000 in the aggregate, then indemnification shall be made by Seller thereunder to the full extent of the Purchaser Damages; provided, however, the parties agree that the maximum indemnification liability of Seller shall not exceed $1,000,000.

Appears in 1 contract

Samples: Asset Purchase Agreement (Balanced Care Corp)

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