Purchaser Indemnification Cap definition

Purchaser Indemnification Cap has the meaning set forth in Section 8(e)(ii)(B).

Purchaser Indemnification Cap means the amount of money equal to the sum of: (a) the Base U.S. Cash Transaction Consideration; (b) the Cash Europe Transaction Consideration; (c) the U.S. Notes Transaction Consideration; and (d) the U.S. Stock Transaction Consideration.

Examples of Purchaser Indemnification Cap in a sentence

• Subject to Section 11.2(b), the maximum aggregate liability of Seller to Purchaser and the other Purchaser Indemnified Parties under this Agreement, including but not limited to liability under Section 11.1, shall be an amount equal to $35,000,000 (the “Purchaser Indemnification Cap”), and recovery from the Indemnity Escrow Amount shall be the sole and exclusive remedy of the Purchaser Indemnified Parties for such Damages subject to the Purchaser Indemnification Cap.

• For avoidance of doubt, the Seller’s indemnification obligations under this Section 9.15 shall be subject to the Purchaser Indemnification Cap but not the Basket Amount and the indemnification obligations of the Purchaser under this Section 9.15 shall be subject to the Seller Indemnification Cap but not the Basket Amount.