De Minimis Losses definition

De Minimis Losses shall have the meaning set forth in Section 9.4(a)(iii).
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De Minimis Losses has the meaning set forth in Section 8.04(b).
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De Minimis Losses has the meaning set forth in Section 6.5(b).
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Examples of De Minimis Losses in a sentence

  • With respect to any claim as to which the Sellers may be entitled to indemnification under Section 9.4(a), Buyer shall not be liable for any De Minimis Losses.

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  • In respect of Partial Losses other than De Minimis Losses, the following provisions of this Article 9.2 shall apply.

  • The De Minimis Losses shall not be counted toward the Deductible applicable to the Sellers, unless all such De Minimis Losses exceed $50,000.00 in the aggregate, in which case all such De Minimis Losses will be counted toward such Deductible.

  • The De Minimis Losses of the Buyer shall not be counted toward the Deductible applicable to the Buyer, unless all such De Minimis Losses exceed $50,000.00 in the aggregate, in which case all such De Minimis Losses will be counted toward such Deductible.


More Definitions of De Minimis Losses

De Minimis Losses means any Losses arising out of any particular claim or Action or resulting from the same facts, events, circumstances or root cause(s) that are equal to or less than $50,000.
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De Minimis Losses means either Purchaser Losses or Shareholder Losses (as the case may be) that (i) arise from a single event, occurrence or circumstance or series of related or similar events, occurrences or circumstances that would otherwise be indemnified pursuant to Section 10.1 or Section 10.2 and (ii) do exceed $2,500.00 per such event, occurrence or circumstance or series of related or similar events, occurrences or circumstances
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De Minimis Losses shall have the meaning set forth in Section ----------------- 10.5(a)(ii).
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De Minimis Losses means, with respect to a Vessel, Partial Losses which would not reasonably be expected to cost more than one percent (1%) of the agreed value for such Vessel set forth in Section 9.2(d) in the aggregate to repair, replace or rectify.
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De Minimis Losses. Section 8.2(b)(iii)
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De Minimis Losses means Partial Losses that would not reasonably be expected to cost more than two per cent (2%) of the Sale Price in the aggregate to repair, replace or rectify.
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De Minimis Losses has the meaning ascribed thereto in Section 7.3.3;
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