Common use of Aggregate Minimum Claims Clause in Contracts

Aggregate Minimum Claims. 10.3.1 The Seller shall not be liable for any Seller’s Warranty Claim or Tax Warranty Claim unless the aggregate amount of all Seller’s Warranty Claims and Tax Warranty Claims for which the Seller would otherwise be liable exceeds £3,500,000. 10.3.2 Where the liability agreed or determined in respect of: (i) all Seller’s Warranty Claims and Tax Warranty Claims referred to in Clause 10.3.1; and (ii) all Wider Seller’s Warranty Claims and Wider Tax Warranty Claims exceeds £3,500,000, the liability of the Seller shall include the entire amount (and shall not be limited to the amount of the excess).

Aggregate Minimum Claims. 10.3.1 The Seller shall not be liable for any Seller’s Warranty Claim or Tax Warranty Claim unless the aggregate amount of all Seller’s Warranty Claims and Tax Warranty Claims for which the Seller would otherwise be liable exceeds £3,500,000. 10.3.2 Where the liability agreed or determined in respect of: of (i) all Seller’s Warranty Claims and Tax Warranty Claims referred to in Clause 10.3.1; 10.3.1 and (ii) all Wider Seller’s Warranty Claims and Wider Tax Warranty Claims exceeds £3,500,000, the liability of the Seller shall include the entire amount (and shall not be limited to the amount of the excess).

Aggregate Minimum Claims. 10.3.1 8.3.1 The Seller shall not be liable for any Seller’s Warranty Claim or Tax Warranty Claim unless the aggregate amount of all Seller’s Warranty Claims and Tax Warranty Claims for which the Seller would otherwise be liable exceeds £3,500,000. 10.3.2 8.3.2 Where the liability agreed or determined in respect of: (i) all Seller’s Warranty Claims and Tax Warranty Claims referred to in Clause 10.3.18.3.1; and (ii) all Wider Seller’s Warranty Claims and Wider Tax Warranty Claims exceeds £3,500,000, the liability of the Seller shall include the entire amount (and shall not be limited to the amount of the excess).