Indemnification Basket. No indemnification payment by a indemnifying party with respect to any indemnifiable Losses payable under this Section 8.2 shall be payable until such time as the indemnifiable Losses have an aggregated cumulative amount which equals or exceeds US$10,000 (the “Basket Amount”), after which time such Indemnifying Party shall be liable in full for the accumulated indemnifiable Losses subject to the provisions of this Article VIII.
Appears in 3 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (INPHI Corp), Share Purchase Agreement (INPHI Corp)