Examples of Tipping Basket in a sentence
The Tipping Basket shall not apply to any other Indemnifiable Damages.
Lake Roosevelt’s shorelines are comprised of bedrock (10 percent) and thick ice age deposits (90 percent) (Jones et al.
In no event shall Damages for a Specific Indemnities Matter count against the De Minimis Amount or the Tipping Basket.
Once the Basket Amount is exceeded, the Stockholders and Option Holders shall not have any liability under Section 8.1(a)(i) (other than for Losses resulting from or arising out of breaches of the Fundamental Representations) until the aggregate of Losses in excess of the Basket Amount exceeds $100,000 (the “Tipping Basket Amount”), in which event the Stockholders and Option Holders shall be liable for all of the Losses in excess of the Basket Amount including the Tipping Basket Amount.
Once the total liabilities exceed the Tipping Basket, Buyer Indemnitees shall be entitled to indemnification for all liabilities from the Escrow Fund).