Common use of Basket Amount Clause in Contracts

Basket Amount. No Indemnifying Party shall be liable to any Indemnitee for indemnification of any amounts pursuant to this Section 10 other than pursuant to Section 10.2(e) unless the aggregate amount of all indemnifiable losses exceeds $50,000 (the "Basket") and only to the extent such losses exceed the Basket.

Appears in 1 contract

Sources: Asset Purchase Agreement (Green Mountain Coffee Inc)

Basket Amount. No Indemnifying Party shall be liable to any Indemnitee for indemnification of any amounts pursuant to this Section 10 other than pursuant to Section 10.2(e) 11 unless the aggregate amount of all indemnifiable losses exceeds Ten Thousand Dollars ($50,000 10,000) (the "Basket") and only to the extent such losses exceed the Basket.

Appears in 1 contract

Sources: Asset Purchase Agreement (Multi Color Corp)

Basket Amount. No Indemnifying Party shall be liable to any Indemnitee for indemnification of any amounts pursuant to this Section 10 other than pursuant to Section 10.2(e) 15 unless the aggregate amount of all indemnifiable losses exceeds $50,000 25,000 (the "β€œBasket"”) and only to the extent such losses exceed the Basket.

Appears in 1 contract

Sources: Asset Purchase Agreement (Multi Color Corp)