Seller Cap definition

Seller Cap shall have the meaning set forth in Section 6.4(a)(i).

Seller Cap is defined in Section 10.1(d).

Seller Cap has the meaning set forth in Section 7.4(1).

Examples of Seller Cap in a sentence

• Notwithstanding the foregoing, the Individual Seller Cap shall not apply to claims for indemnification resulting from or relating to breaches by such Seller constituting fraud or intentional misconduct.

• Seller shall provide copies of each Seller Cap Ex Report as promptly as practicable after such report shall have been received by Seller.

• Notwithstanding the provisions of Section 7.4, the Seller shall indemnify and hold the Purchaser harmless for any breach of its representation in this Section 9.21, without regard to the Seller One-Time Deductible and Seller Cap in Section 7.4(1).

• In the event that any Purchase Order is cancelled by the customer through no fault of Purchaser, then Purchaser may deduct the amount of such Purchase Order from the Escrow Amount; provided, however, that such deduction shall not constitute a payment in the nature of indemnity and, therefore, shall not be counted with respect to, or otherwise affect, the amount under the Seller Cap (as defined in Section 8.2 below).

• Nothing in this Agreement, including, but not limited to the Seller Cap and the nine-month period in which to bring claims, shall limit the liability of either Matrix or Seller in respect of a proven allegation of fraud, fraudulent misrepresentation or willful misstatement.

More Definitions of Seller Cap

Seller Cap has the meaning set forth in Section 8.3(c)(i) of this Agreement.

Seller Cap has the meaning set forth in Section 8.4(b)(i).

Seller Cap has the meaning set forth in Section 9.02(b).

Seller Cap has the meaning set forth in Section 9.2(d)(i).

Seller Cap means an amount of $500,000.

Seller Cap has the meaning set forth in Section 8.04(b).

Seller Cap is defined in Section 7.4(a).