Basket Amount definition

Basket Amount has the meaning set forth in Section 10.5(b).
Basket Amount shall have the meaning set forth in Section 8.4(a).
Basket Amount has the meaning specified in Section 12.4(b).

Examples of Basket Amount in a sentence

  • Buyer and Seller shall be liable under Section 11.1(i) or Section 11.2(i) (i.e., for misrepresentations and breaches of warranties), as applicable, only when total indemnification claims exceed Five Hundred Thousand Dollars ($500,000) (the “Basket Amount”), after which Buyer or Seller, as applicable, shall be liable only for the amount in excess of the Basket Amount.

  • Notwithstanding the foregoing provisions of this Section 11.3, the limitation on liability and the Basket Amount shall not apply to claims arising under Section 11.1(i) or Section 11.2(i) and resulting from intentional misrepresentation or fraud by the indemnifying party.


More Definitions of Basket Amount

Basket Amount has the meaning set forth in Section 7.04(a).
Basket Amount shall have the meaning set forth in Part VI of Appendix B.
Basket Amount is defined in Section 9.5(b).
Basket Amount has the meaning set forth in Section 9.1(a) of this Agreement.
Basket Amount shall have the meaning specified in Section 10.6(a).
Basket Amount. 1.00% of the Purchase Price
Basket Amount means the specific basket amount term defined in Section 1.1 of the relevant Trust Agreement (e.g., the “Basket Silver Amountin the case of the ETFS Silver Trust; the “Basket Gold Amount” in the case of the ETFS Gold Trust; the “Basket Platinum Amount” in the case of the ETFS Platinum Trust; the “Basket Palladium Amount” in the case of the ETFS Palladium Trust; and the “Basket Bullion Amount” in the case of the ETFS Precious Metals Basket Trust).