General Indemnity Cap definition

General Indemnity Cap has the meaning set forth in Section 7.1.1.
General Indemnity Cap shall have the meaning set forth in Section 9.01(c)(i)(A).
General Indemnity Cap means an amount equal to $1,595,000.

Examples of General Indemnity Cap in a sentence

  • Management must approve all sponsorship recognition including, but not limited to, introductions, presentations, signage, handouts and giveaways.

  • Once the aggregate amount of all Losses recovered by any Buyer Indemnified Party, in the aggregate, equals the General Indemnity Cap, then Buyer, on behalf of itself and the Buyer Indemnified Parties, shall release Sellers from all Liabilities relating to, resulting from, arising out of or otherwise by virtue of this Agreement or any of the transactions contemplated herein, other than claims based on fraud or claims for equitable relief.

  • Any Damages based upon, arising out of, or by reason of (x) any breach of the Fundamental Representations, or (y) Fraud shall not count toward the General Indemnity Cap, but shall be subject to the caps described in Section 7.2(b).

  • With respect to any of the items so excluded from the General Indemnity Cap pursuant to the preceding sentence in each case, no Damages incurred in connection with such items shall be counted in determining whether the General Indemnity Cap in this Section 9.5(b) has been exceeded.

  • Notwithstanding anything to the contrary contained herein, the limitations in this Section 8.2(f) shall not apply to claims under Section 5.11, or Leasehold Indemnification Claims and such claims shall not in any way count against the General Indemnity Cap.


More Definitions of General Indemnity Cap

General Indemnity Cap has the meaning set forth in Section 5.11(f).
General Indemnity Cap means an amount equal to [***].
General Indemnity Cap has the meaning set forth in Section 8.3(a). ---------------------
General Indemnity Cap means One Million Five Hundred Thirty Thousand Dollars ($1,530,000).
General Indemnity Cap has the meaning given to such term in Section 9.5(b).
General Indemnity Cap has the meaning set forth in Section 7.3(c).
General Indemnity Cap is defined in Section 8.2(e)(ii).