Indemnitee Losses definition

Indemnitee Losses has the meaning provided in Section 7.3(a).

Indemnitee Losses has the meanings set forth in Sections 11.1(a), 11.2(a), and 11.3(a).

Indemnitee Losses shall have the meaning specified in Section 8.1(a).

Examples of Indemnitee Losses in a sentence

• Any Indemnitee Claim will state in reasonable detail the basis for such Indemnitee Losses to the extent then known by Indemnitee and the nature of Indemnitee Loss for which indemnification is sought, and it may state the amount of Indemnitee Loss claimed.

• Notwithstanding anything to the contrary contained herein, the Company shall not have any liability for indemnification pursuant to this Section 8.3 until the aggregate Indemnitee Losses are in excess of 5% of the Subscription Amount, at which point the Company shall be liable for the entire amount of Indemnitee Losses up to the maximum aggregate liability hereunder.

• The Information Technology (IT) department supports the technical infrastructure of the building.

• We’ve underestimated what these costs will be in the future by minimizing the revenue.

• Notwithstanding anything to the contrary contained herein, the Company shall not have any liability for indemnification pursuant to this Section 7.3 until the aggregate Indemnitee Losses are in excess of 10% of Purchase Price, at which point the Company shall only be liable for the amount of Indemnitee Losses in excess of such amount.

• Notwithstanding anything to the contrary contained herein, the Company shall not have any liability for indemnification pursuant to this Section 7.3 until the aggregate Indemnitee Losses are in excess of 5% of the Subscription Amount, at which point the Company shall be liable for the entire amount of Indemnitee Losses up to the maximum aggregate liability hereunder.

• Reserves for liabilities on the Closing Date Balance Sheet shall be deemed to offset Buyer Indemnitee Losses only if and to the extent that such reserve amount was expressly identified as being in respect of the category or class of breach for which indemnity could be sought rather that a general reserve for unknown potential liabilities.