Basket. The indemnification provided for in this Article VIII shall not apply unless the aggregate Damages for which one or more Indemnified Persons seeks indemnification exceeds $25,000. In the event that Damages do exceed $25,000, the Indemnifying Person will indemnify the Indemnified Persons for the entire amount of Damages (including the initially excluded $25,000 of Damages). This Section 8.3.3 shall not apply to any liability described in Section 8.3.2 above.
Appears in 4 contracts
Samples: Membership Interest Purchase Agreement (Dovebid Inc), Agreement and Plan of Merger (Dovebid Inc), Membership Interest Purchase Agreement (Dovebid Inc)