Examples of Indemnification Holdback Amount in a sentence
So long as any of the Indemnification Holdback Amount remains in the Indemnification Holdback Fund, the Indemnification Holdback Fund shall be the sole source of recovery for any Damage incurred by a Purchaser Indemnitee under Section 8.2 of this Agreement.
For Marlborough Town Council this will be £31.50p Town Clerk’s RecommendationThe Town Clerk recommends that Members agree that the Town Clerk as Responsible Finance Officer (RFO) applies for a fixed rate annuity loan of £91,190 from the PWLB in readiness for the start of the refurbishment works to the public toilets at George Lane.
In no event shall Sellers’ aggregate liability pursuant to Section 11.2 for Losses incurred or suffered by the Purchaser Indemnified Parties exceed the Indemnification Holdback Amount.
The Indemnification Holdback Amount shall be placed in an interest-bearing escrow account by the Escrow Agent and shall be subject to the applicable provisions of this Agreement and the provisions of the Escrow Agreement in substantially the form attached as Exhibit A (the “Escrow Agreement”) between Buyer, the Shareholders’ Agent and the Escrow Agent.
See also, Bugos G.E. and Kevles D.J., Plants as Intellectual Property: American Practice, Law, And Policy in World Context (California Institute of Technology, Pasadena 1991).