Buyer Basket Exclusions definition

Buyer Basket Exclusions has the meaning set forth in Section 8.04(a).
Buyer Basket Exclusions has the meaning set forth in Section 10.4(a) hereof.
Buyer Basket Exclusions has the meaning given to such term in Section 11.3(b).

Examples of Buyer Basket Exclusions in a sentence

  • The Buyer shall be obligated to pay all Seller Losses based on the Buyer Basket Exclusions without regard to the individual or aggregate amounts thereof and without regard to whether the aggregate of all Seller Losses shall have exceeded, in the aggregate, the Basket Amount.

  • The maximum obligation of the Buyer to provide indemnification pursuant to this Section 8 shall be limited to the Cap in the aggregate; provided, however, that the foregoing limitation shall not apply to any Seller Losses arising from (i) the Buyer Basket Exclusions or (ii) the actual fraud of the Buyer.

  • If an iteration is not closed until the beginning of the next iteration, it will be closed automatically.Note that a closed iteration cannot be reopened.

  • Notwithstanding anything to the contrary contained herein, Seller’s aggregate liability under this Agreement in respect of breaches of its representations and warranties contained herein (excluding the Buyer Basket Exclusions), shall not exceed Seven Million Dollars ($7,000,000.00) (the “Cap”), but the Cap shall not apply to any claims for indemnification based upon any Buyer Basket Exclusion or any breach of Sellers’ or the Company’s covenants herein.

  • The maximum obligation of the Buyer to provide indemnification pursuant to this Section 10 shall be limited to the Cap in the aggregate; provided, however, that the foregoing limitation shall not apply to any Shareholder Losses arising from (i) the Buyer Basket Exclusions or (ii) the actual fraud of the Buyer.

  • Section 4.05 and Section 4.06 (the “Buyer Basket Exclusions”)), until the aggregate amount of all Losses in respect of indemnification under Section 8.02(a) (other than those based upon, arising out of, with respect to or by reason of the Buyer Basket Exclusions) exceeds $100,000, in which event Seller shall be required to pay or be liable for all such Losses from the first dollar after $100,000.

  • The aggregate amount of all Losses for which Seller shall be liable pursuant to Section 7.02(a) (other than for those based upon, arising out of, with respect to or by reason of the Buyer Basket Exclusions, for which there shall be no limitation) shall be limited, in all stances, to $2,500,000.

  • The maximum aggregate liability of Seller for indemnification under 6.2 with respect to Buyer Basket Exclusions, and the maximum liability of Buyer for indemnification under Section 6.3 with respect to the Seller Basket Exclusions, shall not exceed $750,000.

  • Notwithstanding anything to the contrary contained herein, Seller’s aggregate liability under this Agreement in respect of breaches of its representations and warranties contained herein (excluding the Buyer Basket Exclusions), shall not exceed twenty-five percent (25%) of the Purchase Price (the “Cap”), but the Cap shall not apply to any claims for indemnification based upon any Buyer Basket Exclusion or any breach of Seller’s or the Company’s covenants herein.

Related to Buyer Basket Exclusions

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Available Basket Amount means, at any date of determination, an amount (which shall not be less than $0) determined on a cumulative basis equal to the difference between: (a) the sum (without duplication) of: (i) $35,000,000, plus (ii) Cumulative Consolidated Net Income (which shall not be less than zero), plus (iii) the aggregate amount of dividends and distributions received by Borrower or its Restricted Subsidiaries in the form of Cash or Cash Equivalents on or prior to such date from Investments acquired or made utilizing the Available Basket Amount, plus (iv) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary after the Second Amendment Effective Date, the fair market value of the Investment in such Unrestricted Subsidiary at the time of the redesignation of such Unrestricted Subsidiary as a Restricted Subsidiary (which shall not exceed the original amount of such Investment), plus (v) the Net Cash Proceeds received from any issuance or sale of its Equity Interests occurring after the Closing Date (other than issuances of Disqualified Stock and issuances or sales pursuant to an employee stock ownership plan or other employee benefit plan and excluding Net Cash Proceeds of any issuance or sale of Equity Interests for a specifically identified purpose that were expended for such specifically identified purpose without a corresponding reduction of the Available Basket Amount), plus (vi) the after-tax amount (after taking into account any available tax credit or deductions and any tax sharing arrangements) of all Distributions received in Cash by the Loan Parties after the Closing Date that are attributable to their Equity Interests in any Joint Venture or any Subsidiary that is not a Subsidiary Guarantor, plus (vii) all Net Cash Sales Proceeds received from Dispositions permitted by this Agreement, minus (b) the aggregate amount of all Investments, Capital Expenditures, Distributions and payments in respect of Subordinated Obligations, in each case to the extent made after the Closing Date with amounts available under the Available Basket Amount.

  • Market Seller Offer Cap means a maximum offer price applicable to certain Market Sellers under certain conditions, as determined in accordance with Tariff, Attachment DD. section 6 and Tariff, Attachment M-Appendix, section II.E.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Basket Amount has the meaning set forth in Section 10.5(b).

  • Average Active Subscriber Base means the number arrived by averaging the active subscriber base count in the manner specified in the Schedule VII of the Regulation.

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Preexisting condition exclusion means, with respect to coverage, a limitation or exclusion of

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Fraud Loss Coverage Amount As of the Closing Date, $2,748,787, subject to reduction from time to time, by the amount of Fraud Losses allocated to the Certificates. In addition, on each anniversary of the Cut-off Date, the Fraud Loss Coverage Amount will be reduced as follows:

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Exclusions means that certain things are deliberately not covered in a particular policy type

  • Real-time Loss Price means the Loss Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Buyer Data means all data, records, files, information or content, including text, sound, video, images and software, that is (a) input or uploaded by Buyer or its Users to or collected, received, transmitted, processed, or stored by Buyer or its Users using the Software or SaaS Service in connection with this Agreement, or (b) derived from (a). Buyer Data is Confidential Information of Buyer.

  • Buyer Fundamental Representations means the representations and warranties of Buyer contained in Sections 6.1, 6.2 and 6.7.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Seller’s Warranties means Seller’s representations and warranties set forth in Section 9.2 and the Closing Documents executed by Seller, as such representations and warranties may be deemed modified or waived by Buyer pursuant to the terms of this Agreement.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.