Common use of Deductible Amount Clause in Contracts

Deductible Amount. Without limiting the effect of any of the other limitations set forth herein, neither party shall be required to make any indemnification payment hereunder with respect to any breach of any of its representations and warranties, except to the extent that the cumulative amount of the Losses to which the Indemnified Party is entitled to indemnification under the terms of this Article XII as a result of all such breaches of such representations and warranties exceeds the Deductible Amount; and the Indemnifying Party shall only be required to pay, and shall only be liable for, the amount by which the cumulative amount of such Losses resulting from all such breaches of such representations and warranties exceeds the Deductible Amount. The “Deductible Amount” shall be U.S. $100,000.

Deductible Amount. Without limiting the effect of any of the other limitations set forth herein, neither a party shall not be required to make any indemnification payment hereunder with respect to any breach of any of its representations and warranties, except to the extent that the cumulative amount of the Losses to which Damages actually incurred by the Indemnified Party is entitled to indemnification under the terms of this Article XII damaged party as a direct result of all such breaches of such representations and warranties actually exceeds the Deductible Amount; and the Indemnifying Party such party shall only be required to pay, and shall only be liable for, the amount by which the cumulative amount of such Losses resulting from the Damages actually incurred by the damaged party as a direct result of all such breaches of such representations and warranties actually exceeds the Deductible Amount. The “"Deductible Amount” " shall be U.S. $100,0001,000,000.