Maximum Indemnification Amount definition

Maximum Indemnification Amount has the meaning set forth in Section 7.3(a) hereof.

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

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

Examples of Maximum Indemnification Amount in a sentence

Notwithstanding anything to the contrary in this Section 3.1, the Operating Company’s total liability under this Agreement shall not exceed the Maximum Indemnification Amount.
If, but for the previous sentence, as part of a single transaction or series of related transactions, the Operating Company’s liability to the Protected Members pursuant to this Section 3.1 would exceed the Maximum Indemnification Amount, any payments by the Operating Company to the Protected Members pursuant to this Section 3.1 as a result of such transaction or series of transactions shall be made first to the Protected Members who are ▇▇▇▇▇▇ ▇.
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.
Notwithstanding anything to the contrary contained in this Agreement, Target Shareholder shall be deemed to have satisfied payment of the Maximum Indemnification Amount upon delivery to Acquirer of an aggregate of 5,000,000 Holdback Shares or Acquiror Shares.
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.

More Definitions of Maximum Indemnification Amount

Maximum Indemnification Amount shall have the meaning specified in Section 9.8(a)(ii).

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

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

Maximum Indemnification Amount shall be an amount equal the sum of (i) $25,000,000 plus (ii) the lesser of (a) the aggregate amount paid by the Optionors pursuant to Section 11.2(e) based upon the Specified Regulatory Matters and (b) $9,000,000. The parties hereto agree that under no circumstances shall the Maximum Indemnification Amount exceed $34,000,000.

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

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