Maximum Indemnification Amount definition

Maximum Indemnification Amount has the meaning set forth in Section 7.4(b).

Maximum Indemnification Amount means fifteen percent (15%) of the Base Purchase Price.

Maximum Indemnification Amount shall have the meaning set forth in Section 4.1(a)(iii).

Examples of Maximum Indemnification Amount in a sentence

• Subject to the provisions of section 3.1 above, the Indemnification Undertaking in respect to each of the Indemnifiable Events shall be limited, in relation to each Office Holder in the Company separately and for each event separately, in the amount of the liability or expense which is indemnifiable as aforesaid, but not more than the Maximum Indemnification Amount in relation to each of the Indemnifiable Events.

• Certificates representing Parent Common Stock, with a value (based upon the Viad Price at the Effective Time) equal to sum of the Maximum Indemnification Amount and the Software Fee, which would have otherwise been issued to Dachis in accordance with the procedures of Section 3.1, shall be held in escrow by the Escrow Agent, with the other Escrowed Consideration pursuant to the terms of the Escrow Agreement.

• It is hereby clarified and agreed that as of the time in which the aforementioned reasonable concern ceases to exist, the Underwriter shall be entitled to the completing of his indemnification up to the difference between the Maximum Indemnification Amount and the Interim Amount.

• Subject to the provisions set forth in section 3.1 hereinabove, the undertakings for indemnification for each of the Determining Events shall be limited with respect to each officer in the Company separately and for each discrete event, in the amount of liability or the expense that is indemnifiable as said, however in an amount that shall not exceed the Maximum Indemnification Amount with relation to each of the Determining Events.

• The Seller and the Buyer acknowledge and agree that any event, transaction, circumstance, or Liability, whether contingent or accrued, for which adequate reserves by the Company have been established on as of the Closing Date, shall not be used at any time as the basis of any claim for indemnification under this Article VII, or considered in any way in determining whether the Threshold or the Maximum Indemnification Amount has been reached.

More Definitions of Maximum Indemnification Amount

Maximum Indemnification Amount has the meaning set forth in Section 12.3(a) hereof.

Maximum Indemnification Amount has the meaning, with respect to each group of Acquired Companies, set forth in the Acquired Companies Annex applicable to such Acquired Companies.

Maximum Indemnification Amount means Four Million and Five Hundred Thousand Dollars ($4,500,000).

Maximum Indemnification Amount shall have the meaning set forth in Section 11.5(b) of this Agreement.

Maximum Indemnification Amount as defined in Section 11.4(a).

Maximum Indemnification Amount means ten million dollars ($10,000,000.00).

Maximum Indemnification Amount means fifteen percent (15%) of the Closing Purchase Price.