Damage Limits Clause Samples
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Damage Limits. The maximum aggregate liability of the Sellers for all Damages arising under this Agreement will equal One Hundred Thousand Dollars ($100,000). No indemnified party shall be entitled to indemnification for Damages either covered by insurance proceeds from insurance owned and paid for by the Sellers or otherwise reimbursed by and Third Person. Except with respect to the failure of Buyer to remit any Seller's Accounts Receivable (defined in Section 9.1.4) that it collects, the maximum aggregate liability of the Buyer for all Damages arising under this Agreement will equal One Hundred Thousand Dollars ($100,000).
Damage Limits. Buyer shall not be entitled to any right or remedy for any inaccuracy in or breach of any representation or warranty or covenant under this Agreement or any Transaction Document other than as set forth in Section 10(c) and Section 14(b) of the Agreement.
Damage Limits. For purposes of the Contract Documents, "
Damage Limits. Notwithstanding the foregoing, (i) Acquiror may not receive any amounts from the Escrow Fund unless and until an Officer's Certificate or Certificates (as defined in Section 8.5 below) identifying Damages the aggregate amount of which exceeds $150,000 has been delivered to the Escrow Agent as provided in Section 8.5 below and such amount is determined pursuant to this Article VIII to be payable, in which case Acquiror shall receive payment from the Escrow Fund for the full amount of Damages, and (ii) the total liability of the Sellers for Damages under or in connection with this Agreement shall in no event exceed the aggregate amount of the Escrow Fund contemplated hereunder, which shall be the sole and exclusive source for satisfaction of the Sellers' obligations contained in Section 8.2 or for Damages resulting from any misrepresentation or breach of or default in connection with any representations, warranties, covenants and agreements given or made by the Sellers in this Agreement, the Sellers Disclosure Schedule, or any exhibit or schedule hereto (provided that nothing in this Section 8.3 shall limit or otherwise affect the provisions of Section 7.3, it being understood that the Sellers or the Specified Sellers, as the case may be, shall bear the full amount of all fees, costs and expenses as provided in Section 7.3 irrespective of the provisions of this Section 8.3). In determining the amount of any Damage attributable to a breach, any materiality standard contained in a representation, warranty or covenant of Acquiror shall be disregarded.