Common use of General Indemnification Threshold Clause in Contracts

General Indemnification Threshold. The Shareholders shall not be entitled to indemnification hereunder until such time as a single Loss or an aggregate of two (2) or more Losses exceeds One Million Dollars ($1,000,000), at which time the Shareholders shall be entitled to indemnification for all Losses sustained, incurred, paid or required to be paid by the Shareholders in excess of One Million Dollars ($1,000,000).

General Indemnification Threshold. The Shareholders shall not be entitled to indemnification hereunder until such time as a single Loss or an aggregate of two (2) or more Losses exceeds One Million Twenty Five Thousand Dollars ($1,000,00025,000), at which time the Shareholders shall be entitled to indemnification for all Losses sustained, incurred, paid or required to be paid by the Shareholders in excess of One Million Twenty Five Thousand Dollars ($1,000,00025,000).