Examples of Aggregate Claim Threshold in a sentence
Individual Claim Threshold: Aggregate Claim Threshold: • $100,000 from private individuals or companies • $150,000 from private individuals or companies • $50,000 from all others, including other warehouse lenders or investors • $100,000 from all others, including other warehouse lenders or investors • Judgment Threshold: $25,000 [***] – Confidential portions of this document have been redacted and filed separately with the Commission.
Claims that do not exceed the Individual Claim Threshold shall not be entitled to indemnification under Section 11.1(a), but shall be included in any determination of whether the aggregate amount of Losses subject to Section 11.1(a) exceeds the Aggregate Claim Threshold.
Claims that do not exceed the Individual Claim Threshold shall not be entitled to indemnification under Section 17.1, but shall be included in any determination of whether the aggregate amount of Company Losses subject to Section 17.1 exceeds the Aggregate Claim Threshold.
Except as provided in clauses (i) and (ii) of this Section 11.2, Excalibur shall not have any liability nor be subject to any claim under Section 11.1(a), unless and until the amount of any Losses subject to Section 11.1(a) exceeds $10,000 per claim (the "Individual Claim Threshold") and $1,500,000 in the aggregate (the "Aggregate Claim Threshold") with respect to Losses subject to indemnity under Section 11.1(a).
Individual Claim Threshold: Aggregate Claim Threshold: • $1,000,000 from private individuals or companies • $ 5,000,000 from private individuals or companies • $1,000,000 from all others, including other warehouse lenders or investors • $ 5,000,000 from all others, including other warehouse lenders or investors • Judgment Threshold: $1,000,000 Conditions: • Required Insurance Policy: Fidelity Insurance Policy and either Errors and Omissions Insurance Policy or Professional Liability Insurance Policy.
If the aggregate amount of Losses subject to Section 11.1(a) exceeds the Aggregate Claim Threshold, then for each such Loss that is or was subject to Section 11.1(a) and that exceeds the Individual Claim Threshold (including those within the Aggregate Claim Threshold), TACT Indemnified Persons shall be entitled to indemnification by Excalibur in the full amount of such Loss (notwithstanding the Aggregate Claim Threshold), up to the Aggregate Claim Limit.