Examples of Buyer Indemnification Ceiling in a sentence
The maximum amount that Sellers combined shall be required to pay in the aggregate pursuant to Section 11.2(a) in respect of all Losses by all Buyer Indemnitees is the Buyer Indemnification Ceiling less the Buyer Indemnification Deductible, after which point no Seller will have an obligation to indemnify Buyer from and against further such Losses.
Buyer’s indemnification obligations under this Section 6.3(b) shall not be subject to the Buyer Indemnification Deductible or the Buyer Indemnification Ceiling.
In the event such Threshold is exceeded, then, Buyer shall be liable to indemnify Seller for all Indemnifiable Losses incurred by them for which Claims have been asserted prior to the expiration of the Survival Period applicable thereto, not only for Identifiable Losses in excess of the Threshold, but also for the first $50,000.00 of Identifiable Losses, subject to the Buyer Indemnification Ceiling provided for hereinafter.