Indemnification Threshold Amount definition

Indemnification Threshold Amount has the meaning set forth in Section 16.7(a) (Indemnification Payments).
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Indemnification Threshold Amount has the meaning set forth in Section 7.3(a).
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Indemnification Threshold Amount is defined in Section 9.4(b).
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Examples of Indemnification Threshold Amount in a sentence

  • Osenton's and PGM's obligation to pay the amounts under this Section 10.8 shall not be subject to any limitations, i.e., the Indemnification Cap or Indemnification Threshold Amount, contained in Section 10.3 or any of the limitations contained in Section 10.4 hereof.

  • The Sellers shall not be required to indemnify the Indemnitees pursuant to Section 10.2(a)(i), unless and until the aggregate amount of all Losses incurred with respect to all claims pursuant to Section 10.2(i) exceed $100,000.00 (the “Indemnification Threshold Amount”), in which event the Sellers shall be responsible for only the amount of such Losses in excess of the Indemnification Threshold Amount.

  • An Indemnifying Party shall not be liable in respect of any indemnification obligations under this Agreement until the cumulative aggregate amount of Indemnified Losses exceed $100,000 (“ Indemnification Threshold Amount”); provided, however, that once the Indemnification Threshold Amount has been exceeded, the Indemnified Party shall be entitled to recover the Indemnification Threshold Amount and any additional amounts owed pursuant to this Article 16.

  • To create awareness among researchers and end-users and provide key points to be answered when best practice documents are submitted.

  • Once the aggregate amount of such losses exceeds the Indemnification Threshold Amount, then (i) the Indemnification Threshold Amount, plus (ii) the full amount by which such losses exceed the Indemnification Threshold Amount, plus (iii) the amount of all future losses resulting from claims by the Subscriber shall be fully reimbursable, subject to the limitations set forth in this Section 5.

  • Selection does not constitute formal entry into the MTW Demonstration Program.Selected PHAs may not combine Section 8 and Section 9 funding or invoke any MTW flexibility before an ACC amendment, or other agreement as determined by HUD, detailing MTW participation is executed by both HUD and the PHA.

  • The Purchaser shall not be required to indemnify the Indemnitees pursuant to Section 10.2(b)(i), unless and until the aggregate amount of all Losses incurred with respect to all claims pursuant to Section 10.2(b)(i) exceed the Indemnification Threshold Amount, in which event the Purchaser shall be responsible for only the amount of such Losses in excess of the Indemnification Threshold Amount.


More Definitions of Indemnification Threshold Amount

Indemnification Threshold Amount has the meaning set forth in Section 9.2(h)(i).
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Indemnification Threshold Amount means $100,000.
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Related to Indemnification Threshold Amount

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

  • Threshold Amount means $50,000,000.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

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

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • Indemnity Cap has the meaning set forth in Section 10.3(a).

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

  • Restoration Threshold means with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount of such Individual Property.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnification Claim has the meaning set forth in Section 10.3.

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

  • Indemnified Amount has the meaning set forth in Section 8.01.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Alteration Threshold means, with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount (as defined in the Mortgage Loan Agreement) of such Individual Property.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period