Common use of Amount Limitation Clause in Contracts

Amount Limitation. Except with respect to claims for breaches of representations or warranties contained in Sections 4.24 or 5.3, an Indemnified Party shall not be entitled to indemnification under this Article 11 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 (but for this Section 11.6.(b)) exceeds $50,000; but in such event, the Indemnified Party shall be entitled to indemnification in full up to a maximum amount of $750,000, except for indemnification pursuant to Section 11.5.(a) with respect to which there shall be no limit.

Appears in 1 contract

Sources: Asset Purchase Agreement (Ladish Co Inc)

Amount Limitation. Except with respect to claims for breaches of representations or warranties contained in Sections 4.7 (with respect to the fourth and fifth sentences thereof), 4.24 or 5.35.4, an Indemnified Party shall not be entitled to indemnification under this Article 11 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 (but for this Section 11.6.(b)) exceeds $50,000; 300,000 but in such event, the Indemnified Party shall be entitled to indemnification in full up to a maximum amount for all breaches of $750,000, except for indemnification pursuant to Section 11.5.(a) with representations and/or warranties. With respect to which there shall be no limit.claims for breaches of representations or warranties contained in the fourth and fifth sentences of

Appears in 1 contract

Sources: Asset Purchase Agreement (Northland Cranberries Inc /Wi/)

Amount Limitation. Except with respect to claims for breaches of representations or warranties contained in Sections 4.24 4.12(a), 4.18(b), (e) and (j), 4.23, or 5.3, 5.4 an Indemnified Party shall not be entitled to indemnification under this Article 11 8 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 8 (but for this Section 11.6.(b8.5(b)) exceeds $50,000; 100,000 but in such event, the Indemnified Party shall be entitled to indemnification in full up to a maximum amount for all breaches of $750,000, except for indemnification pursuant to Section 11.5.(a) with respect to which there shall be no limitrepresentations and/or warranties.

Appears in 1 contract

Sources: Asset Purchase Agreement (Enterprise Systems Inc /De/)

Amount Limitation. Except with respect to claims for breaches of representations or warranties contained in Sections 4.24 3.1.(g), 3.2, 3.5 or 5.33.24, and except as otherwise provided in Section 5.16, an Indemnified Party shall not be entitled to indemnification under this Article 11 9 for breach of a representation or warranty unless the aggregate of the Indemnifying Party's ’s indemnification obligations to the Indemnified Party pursuant to this Article 11 9 (but for this Section 11.6.(b9.6.(b)) exceeds $50,000100,000; but in such event, the Indemnified Party shall be entitled to indemnification in full up to a maximum amount for all breaches of $750,000representations and/or warranties. For purposes of this limitation, except for indemnification pursuant to Section 11.5.(a) with respect to which there the Shareholders and ▇▇▇▇▇▇▇ ▇▇ in the aggregate shall be no limitdeemed to be a single Indemnifying Party.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Ladish Co Inc)