Common use of Basket Amount Clause in Contracts

Basket Amount. Notwithstanding anything in Sections 6.5(a) ------------- and (b) to the contrary, neither the Company nor the Selling Shareholders shall be entitled to any indemnification under such sections if the aggregate amount of all damages thereunder is less than $50,000 (the "Exception Amount"). The parties hereto do not intend that the Exception Amount be deemed to be a definition of what is "material" for any purpose in this Agreement.