Examples of Buyer Indemnification Threshold in a sentence
Without limiting the generality of the previous sentence, the provisions of the Settlement Agreement relating to the Buyer Indemnification Threshold, the Seller Indemnification Threshold, the Buyer Indemnification Cap and the Stockholder Indemnification Cap are in full force and effect and are not impacted in any manner by this Agreement or the Escrow Agreement.
The Buyer Indemnification Threshold shall not be applicable to, and the Buyer Indemnified Parties shall be entitled to indemnification on account of any and all Indemnifiable Losses arising out of or relating to, the matters specified in clauses (ii), (v) and (vi) of the first sentence of this Section 9.2(a).
Notwithstanding the foregoing provisions, no claim for Buyer Indemnifiable Damages shall be asserted by the Buyer Indemnified Parties until the aggregate of all Buyer Indemnifiable Damages exceeds US$25,000.00 (the "Buyer Indemnification Threshold"), at which time the Buyer Indemnified Parties may assert claims for the full amount of Buyer Indemnified Damages.
The indemnification obligations of the Seller under this Section 10.3 shall not be subject to the Seller Indemnification Cap, the Seller Indemnification Basket, or the Seller Indemnification Threshold, and the indemnification obligations of the Buyer under this Section 10.3 shall not be subject to the Buyer Indemnification Cap, the Buyer Indemnification Basket, or the Buyer Indemnification Threshold.