Common use of Amount Limitation Clause in Contracts

Amount Limitation. An Indemnified Party shall not be entitled to indemnification under this Article 11 for breach of a representation or warranty except to the extent the aggregate of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 (but for this Section 11.5.(b)) exceeds Fifty Thousand Dollars ($50,000).

Appears in 2 contracts

Sources: Asset Purchase Agreement (Hein Werner Corp), Asset Purchase Agreement (Kaydon Corp)

Amount Limitation. An Indemnified Party shall will not be entitled to indemnification under this Article 11 Section 8 for breach of a representation or warranty except to the extent that the aggregate amount of the Indemnifying Party's indemnification obligations to the Indemnified Party pursuant to this Article 11 Section 8 (but for this Section 11.5.(b8.7.(b)) exceeds Fifty Thousand Dollars thirty-five thousand dollars ($50,00035,000).

Appears in 1 contract

Sources: Stock Purchase Agreement (U S Laboratories Inc)