Seller Indemnification Threshold definition

Seller Indemnification Threshold has the meaning specified in Section 12.4.2.
Seller Indemnification Threshold means $17,600,000.
Seller Indemnification Threshold means $1,500,000, less the aggregate amount of non-indemnified Losses in excess of $5,000 that are incurred by "Seller Indemnitees" (as such quoted term is defined in the Other Agreement) under the Other Agreement.

Examples of Seller Indemnification Threshold in a sentence

  • In the event that the aggregate amount of all Losses in respect of indemnification under Section 7.2(a) exceeds the Seller Indemnification Threshold, the relevant Seller(s) shall, severally and not jointly, indemnify, defend, hold harmless, pay and reimburse the Purchaser Indemnitees only the amount in excess of the Seller Indemnification Threshold.


More Definitions of Seller Indemnification Threshold

Seller Indemnification Threshold shall have the meaning set forth in Section 5.3(d)(v).
Seller Indemnification Threshold has the meaning ascribed to it in Section 9.3(a). “Straddle Period” means any taxable period that begins on or prior to and ends after the Closing Date.
Seller Indemnification Threshold shall have the meaning set forth in Section 10.5(d).
Seller Indemnification Threshold has the meaning set forth in Section 7.3(a). “Special Committee” has the meaning set forth in the Recitals of this Agreement.
Seller Indemnification Threshold has the meaning set forth in Section 8.4(a)(i).
Seller Indemnification Threshold shall have the meaning set forth in Clause 14.3(b).

Related to Seller Indemnification Threshold