Common use of Aggregate Amount Limitations Clause in Contracts

Aggregate Amount Limitations. Notwithstanding any provision of this Article 6 to the contrary, the aggregate amount of the indemnification obligations of the Shareholders pursuant to Section 6.1 of this Article 6 for the inaccuracy or breach of any representations or warranties contained in or made pursuant to this Agreement shall not exceed for the purposes of these indemnification provisions ten percent (10%) of the value of the consideration received by the Shareholders hereunder, and (ii) the aggregate amount of the indemnification obligations of ABR for the inaccuracy or breach of any representations or warranties contained in or made pursuant to this Agreement shall not exceed for the purposes of these indemnification provisions ten percent (10%) of the value of the consideration received by ABR hereunder.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Abr Information Services Inc), Agreement and Plan of Reorganization (Abr Information Services Inc)