Basket. In no event will any amount be recovered from LMP for any ▇▇▇▇▇▇▇▇ Damages resulting from matters described in Section 8.2(a)(ii) until the aggregate amount of all LMP Indemnified Liabilities incurred by ▇▇▇▇▇▇▇▇ and/or the Company exceeds the Basket, in which event LMP will be obligated, subject to the other provisions of this Agreement, to indemnify ▇▇▇▇▇▇▇▇ for only those amounts in excess of the Basket.
Appears in 5 contracts
Sources: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)