Cap Limitation definition

Cap Limitation means an amount equal to one percent (1%) of the Purchase Price.
Cap Limitation means an amount equal to two percent (2%) of the Purchase Price.
Cap Limitation means an amount equal to Three Hundred and Twenty-Eight Thousand, Forty-Two Dollars and Thirty-three Cents ($328,042.33).

Examples of Cap Limitation in a sentence

  • In no event shall the total liability of the Seller with respect to the indemnifications provided for in SECTION 10.1, or the liability of the Buyer with respect to the indemnification provided for in SECTION 10.2, as applicable, exceed in the aggregate the Cap Limitation.

  • Restoration Housing LP Distribution Cap Limitation - Regulatory Agreement with BRA.

  • Notwithstanding the foregoing, if after the Effective Date, Seller has conveyed title to the Property to another party or intentionally and knowingly taken any other action to defeat the remedy of specific performance, Purchaser shall be entitled to seek actual damages from Seller not to exceed the Cap Limitation.

  • Seller is not liable for any Damages under Sections 10.2(a) or (b) in excess of the applicable Cap Limitation.

  • In no event shall the liability of the Buyer with respect to the indemnification provided for in Section 11.2 exceed in the aggregate the Cap Limitation; provided that the Basket Limitation and Cap Limitation shall not apply to the Buyer's obligations under Article X or Sections 3.4(k), 7.1, 14.1, 14.3, 14.4, 14.6(a) or 15.2, or to any breach of any representation or warranty of the Buyer contained in Section 4.1(b)(ii) or Section 4.1(f) of this Agreement (the “Buyer Fundamental Representations”).


More Definitions of Cap Limitation

Cap Limitation means an amount equal to five percent (5%) of the Purchase Price.
Cap Limitation means an amount equal to Seven Hundred Forty-Four Thousand and No/100 Dollars ($744,000.00 U.S.).
Cap Limitation shall have the meaning set forth in Section 7.3.
Cap Limitation means an amount equal to three percent (3%) of the Purchase Price.
Cap Limitation. 1% of the Purchase Price.
Cap Limitation means an amount equal to $7,500,000.
Cap Limitation means an amount equal to $3,000,000.