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

• 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.

• 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.

• 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.

• 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.