De Minimis Claim Threshold definition

De Minimis Claim Threshold has the meaning set forth in Section 7.2(a).
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De Minimis Claim Threshold shall have the meaning set forth in Section 9.4(i).
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De Minimis Claim Threshold means any individual Loss or series or group of Losses arising from the same or substantially similar facts or circumstances where the Loss is less than Thirty Thousand Dollars ($30,000) in the aggregate.
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Examples of De Minimis Claim Threshold in a sentence

  • If such amendment is not obtained prior to the Closing, APD shall indemnify Buyer from any Losses resulting therefrom in accordance with Article VIII without regard to the De Minimis Claim Threshold or the Basket.

  • Notwithstanding the foregoing sentence, in no event shall Buyer be required to provide indemnification to any Seller Indemnified Party for any single claim or aggregated claims arising out of substantially the same events or circumstances under Section 9.3(b)(i) unless the amount of such claim exceeds the De Minimis Claim Threshold.

  • Notwithstanding the foregoing, neither De Minimis Claim Threshold nor Threshold shall apply to Losses arising as a result of (A) any fraud or intentional misrepresentation by Purchaser or Purchaser Parent, (B) any breach or inaccuracy of any Fundamental Representation by Purchaser or Purchaser Parent or (C) any nonfulfillment or breach of any covenant or agreement by Purchaser or Purchaser Parent.


More Definitions of De Minimis Claim Threshold

De Minimis Claim Threshold has the meaning set forth in Section 8.4(j).
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Related to De Minimis Claim Threshold

  • De Minimis Claim has the meaning set forth in Section 7.4(a).

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

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

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • 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.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

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

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Excluded Claims means (a) any claim arising from Customer’s breach of Section 1.4 (Use Restrictions), 2.3 (Rights in Customer Data); (b) any amounts payable to third parties pursuant to Customer’s indemnification obligations under Section 2.4 (Indemnification by Customer) or AvePoint’s indemnification obligations under Section 8 (Indemnification); (c) Customer’s breach of Section 3 (Ownership); or (d) unlawful or willful misconduct or gross negligence.

  • Deficiency Claim Date means, with respect to any Distribution Date, the fourth Business Day immediately preceding such Distribution Date.

  • Settled Claims means any and all of the claims, debts, demands, rights, actions, causes of action, suits, matters, issues, damages, losses or liabilities whatsoever (including, but not limited to, any claims for interest, attorneys’ fees, expert or consulting fees, and any other costs, expenses or liability whatsoever), whether based on United States or Canadian federal, state, provincial, local, statutory or common law or any other law, rule or regulation, whether fixed or contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or unmatured, whether class or individual in nature, including both known claims and Unknown Claims, (i) that have been asserted (or proposed as amendments) in any of the Actions against any of the Released Parties, or (ii) that could have been asserted in any forum by the Class Members or any of them against any of the Released Parties which arise out of or are based upon the allegations, transactions, facts, matters, breaches, occurrences, financial statements, statements, representations or omissions involved, set forth, or referred to in the Actions or in proposed amendments.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Indemnity Escrow Amount means $3,000,000.

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

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Threshold means with respect to Party B: infinity.