{"component": "clause", "props": {"groups": [{"samples": [{"hash": "4auDNqyWEtu", "uri": "/contracts/4auDNqyWEtu#indemnification-limitations", "label": "Asset Purchase Agreement (Vision Twenty One Inc)", "score": 18.0, "published": true}, {"hash": "3JKbPERjIUt", "uri": "/contracts/3JKbPERjIUt#indemnification-limitations", "label": "Asset Purchase Agreement (Vision Twenty One Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-the-provisions-of", "type": "clause", "offset": [0, 33]}, {"key": "no-party", "type": "clause", "offset": [62, 70]}, {"key": "to-indemnify", "type": "clause", "offset": [89, 101]}, {"key": "another-party", "type": "definition", "offset": [102, 115]}, {"key": "with-respect-to", "type": "clause", "offset": [116, 131]}, {"key": "claim-for-indemnification", "type": "clause", "offset": [194, 219]}, {"key": "after-the-closing-date", "type": "clause", "offset": [252, 274]}, {"key": "the-representations-and-warranties", "type": "clause", 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party with respect to a breach of a representation, warranty or covenant unless the claim for indemnification is brought within two (2) years after the Closing Date, except that a claim for indemnification for a breach of the representations and warranties contained in Sections 3.1, 3.2., 3.3, 3.11, 3.14, 4.3, 4.5, 4.7, 5.1, 5.2, 5.3, 5.4 and 6.1 may be made at any time, and a claim for indemnification for a breach of the representations and warranties contained in Sections 3.9, 3.15, 3.17, 3.18, 3.24, 3.25, 3.26, 3.27, 3.28, 3.30, 4.1, 4.4, 4.6, 5.6 and 5.7 may be made at any time within the applicable statute of limitations; (b) indemnification based upon Sections 15.1(b) through (d) and 15.2(b) may be made at any time within the applicable statute of limitations; and (c) the Physician shall not be required to indemnify Vision 21 pursuant to Section 15.1 unless, and to the extent that, the aggregate amount of Damages incurred by Vision 21 shall exceed an amount equal to two percent (2%) of the total Purchase Price; and (c) the Physician shall not be required to indemnify Vision 21 with respect to a breach of a representation, warranty or covenant for Damages in excess of the aggregate Purchase Price received by the Physician (other than pursuant to a requirement to indemnify Vision 21 under Sections 3.27 or 3.28, or unless the breach involves an intentional breach or fraud by the Physician which shall be unlimited).", "size": 11, "hash": "83a96ef40dd5bca752de49745c17fde6", "id": 4}, {"samples": [{"hash": "8CzJiOYLbGr", "uri": "/contracts/8CzJiOYLbGr#indemnification-limitations", "label": "Software License Agreement", "score": 35.4819564819, "published": true}, {"hash": "2t2Eo8jKHGw", "uri": "/contracts/2t2Eo8jKHGw#indemnification-limitations", "label": "End User License Agreement", "score": 35.244228363, "published": true}, {"hash": "7x8NkhyUVRS", "uri": "/contracts/7x8NkhyUVRS#indemnification-limitations", "label": "End User License Agreement", "score": 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{"key": "other-materials", "type": "clause", "offset": [524, 539]}, {"key": "subject-of-the", "type": "clause", "offset": [602, 616]}], "snippet": "Graylog shall have no obligation for any Infringement Claim arising out of or relating to: (a) any modification created by or at the direction of Customer;\n(b) use of the Software other than in accordance with the Documentation and/or the terms of these Terms; (c) use of a release of the Software no longer supported by Graylog; (d) use of the Software without Customer\u2019s implementation of all applicable Updates; (e) any third-party software; or (f) use of the Software in combination with any other hardware, software or other materials where, absent such combination, the Software would not be the subject of the Infringement Claim.", "size": 9, "hash": "1f6eec835b3c0c415b696765be4a6fad", "id": 7}, {"samples": [{"hash": "UkjLbtgQz8", "uri": "/contracts/UkjLbtgQz8#indemnification-limitations", "label": "Asset and Stock Purchase Agreement 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"type": "definition", "offset": [7843, 7864]}, {"key": "products-liability-claims", "type": "definition", "offset": [7896, 7921]}, {"key": "real-estate", "type": "clause", "offset": [7944, 7955]}, {"key": "employee-matters", "type": "definition", "offset": [7959, 7975]}, {"key": "except-for-claims", "type": "clause", "offset": [8048, 8065]}, {"key": "causes-of-action", "type": "definition", "offset": [8069, 8085]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [8119, 8146]}, {"key": "made-pursuant-to", "type": "clause", "offset": [8217, 8233]}, {"key": "to-purchaser", "type": "clause", "offset": [8295, 8307]}, {"key": "by-purchaser", "type": "clause", "offset": [8311, 8323]}, {"key": "the-case", "type": "definition", "offset": [8343, 8351]}, {"key": "adjustments-to-the-purchase-price", "type": "clause", "offset": [8386, 8419]}, {"key": "nothing-in-this-article", "type": "clause", "offset": [8470, 8493]}, {"key": "disclosure-schedule", "type": "definition", "offset": [8657, 8676]}, {"key": "material-respect", "type": "definition", "offset": [8741, 8757]}, {"key": "representation-or-warranty", "type": "clause", "offset": [8773, 8799]}, {"key": "subject-to-the-provisions", "type": "clause", "offset": [8837, 8862]}, {"key": "acknowledge-and-agree", "type": "clause", "offset": [8938, 8959]}, {"key": "the-other-parties", "type": "clause", "offset": [8965, 8982]}, {"key": "in-accordance-with", "type": "clause", "offset": [9074, 9092]}, {"key": "specific-terms", "type": "definition", "offset": [9097, 9111]}, {"key": "a-party", "type": "clause", "offset": [9146, 9153]}, {"key": "injunctive-relief", "type": "definition", "offset": [9175, 9192]}, {"key": "breaches-of-this-agreement", "type": "clause", "offset": [9204, 9230]}, {"key": "the-terms-and-provisions", "type": "clause", "offset": [9278, 9302]}, {"key": "in-particular", "type": "clause", "offset": [9311, 9324]}, {"key": "the-parties-acknowledge", "type": "clause", "offset": [9326, 9349]}, {"key": "business-is", "type": "definition", "offset": [9359, 9370]}, {"key": "breach-this-agreement", "type": "clause", "offset": [9438, 9459]}, {"key": "money-damages", "type": "definition", "offset": [9461, 9474]}, {"key": "no-adequate-remedy-at-law", "type": "clause", "offset": [9520, 9545]}, {"key": "in-addition-to", "type": "clause", "offset": [9587, 9601]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [9606, 9631]}, {"key": "action-for-damages", "type": "clause", "offset": [9728, 9746]}, {"key": "equitable-relief", "type": "clause", "offset": [9817, 9833]}], "snippet": "(a) In no event shall the Sellers be liable for indemnification pursuant to Section 10.2(a)(i) (other than in respect of the representations and warranties in Section 4.1 (Corporate Status), Section 4.2 (Authority), the first two sentences of each of Section 4.4(a) and 4.4(b) (Capitalization), Section 4.7 (Taxes), and Section 4.21 (Finder\u2019s Fee) (collectively, the \u201cExcluded Representations\u201d) and Section 4.17 (Sufficiency of Assets)) unless and until the aggregate amount of all Losses with respect to Section 10.2(a)(i) that are imposed on or incurred by the Purchaser Indemnified Parties exceeds $1,400,000 (the \u201cThreshold Amount\u201d), in which case the Purchaser Indemnified Parties shall be entitled to indemnification for all Losses from the first dollar, including both the Threshold Amount and any amounts in excess thereof. Notwithstanding anything herein to the contrary, the Sellers shall not (i) be required to make payments for indemnification pursuant to Section 10.2(a)(i) (other than in respect of the Excluded Representations) in an aggregate amount in excess of $18,000,000 (the \u201cIndemnification Cap\u201d), or (ii) be liable for indemnification with respect to any Loss by the Purchaser Indemnified Parties pursuant to Section 10.2(a)(i) (other than in respect of the Excluded Representations) to the extent such Loss and all Losses arising out of the same facts and circumstances are, in the aggregate, less than $15,000 (each, a \u201cDe Minimis Loss\u201d) (and such Losses shall be disregarded and shall not be aggregated for purposes of the Threshold Amount unless and until such Losses arising out of the same facts or circumstances exceed the De Minimis Loss amount). Notwithstanding anything to the contrary herein, Sellers shall have ninety (90) days after the receipt of an indemnification claim for any Loss by the Purchaser Indemnified Parties in respect of Section 4.20(b) (Products Liability; Warranty) in which to propose a commercially reasonable alternative to satisfy such claim, including the repair, replacement or redelivery of any products that are the subject of such claim, which such commercially reasonable alternative is subject to the prior written approval of the Purchaser Indemnified Party, not to be unreasonably withheld, conditioned or delayed (it being understood that any and all costs or other Losses imposed on or incurred by the Purchaser Indemnified Parties arising out of such alternative shall, subject to the terms, conditions and limitations contained herein, be considered indemnifable Losses). Purchaser shall not be required to make payments for indemnification pursuant to Section 10.2(b)(i) in an aggregate amount in excess of the Indemnification Cap.\n(b) In calculating amounts payable to an Indemnified Party hereunder, the amount of any indemnified Losses shall be determined without duplication of any other Loss for which an indemnification claim has been made or could be made under any other representation, warranty, covenant, or agreement and shall be computed net of (i) payments recovered by the Indemnified Party under indemnification agreements or arrangements with third parties or under any insurance policy with respect to such Losses (after deduction for any cost of collection, deductible, retroactive premium adjustment, reimbursement obligation or other cost or expense directly related thereto) (each, a \u201cCollateral Source\u201d), (ii) any prior recovery by the Indemnified Party from any Person with respect to such Losses, including by such Loss being included as a Liability in Final Net Working Capital and actually resulting in an adjustment to the Purchase Price pursuant to Section 3.4(f), or (iii) any Tax Benefit actually received by a Purchased Entity with respect to such Losses in the year of the indemnity payment or a prior year, but increased by the amount of any Tax detriment actually paid by any Indemnified Party as a result of such party\u2019s receipt of the indemnification payment with respect to such Loss. In the event of any indemnification claim paid, Honeywell may, in its sole discretion, require the Indemnified Party to grant to Honeywell an assignment of the right of such Indemnified Party to assert a claim against any Collateral Source. If the amount to be netted hereunder from any payment required under this Article X or Article VIII is determined after payment of any amount otherwise required to be paid to an Indemnified Party under this Article X or Article VIII, the Indemnified Party shall repay to the Indemnifying Party, promptly after such determination, any amount that the Indemnifying Party would not have had to pay pursuant to this Article X or Article VIII had such determination been made at the time of such payment.\n(c) Subject to the other provisions of this Article X, but notwithstanding any other provision of this Agreement, (i) in no event shall the Sellers or Purchaser be liable for any punitive damages, except to the extent such damages are payable to an unaffiliated third party and (ii) in no event shall the Sellers be liable for any consequential damages (it being understood and agreed that the term \u201cconsequential damages\u201d used herein shall not include damages related to lost profits, diminution in value (including multiple of earnings or similar metrics for measuring damages), nor damages payable to an unaffiliated third party) arising out of indemnification claims for Excluded Liabilities described in Sections 2.5(a)(iv), (v)(A), (vii)(B), (ix), (x), (xi), (xii), and (xiv) and Section 2.5(b)(vi) (each such indemnification claim, a \u201cBusiness Related Excluded Liabilities Claim\u201d) in excess of $28,000,000; provided that the foregoing limitation on consequential damages shall not apply to the extent any such Excluded Liability relates to the Excluded Assets, the Purchased Entities\u2019 Excluded Assets, or operation or conduct by the Sellers or any of their Affiliates of any business (other than the Business). Purchaser and the Sellers shall, and Purchaser shall cause the Purchaser Indemnified Parties to, in good faith, (x) agree upon what portion of damages (if any) constitute consequential damages in connection with the settlement of a Business Related Excluded Liabilities Claim and (y) use their respective commercially reasonable efforts to cause the applicable Governmental Authority to determine what portion of damages (if any) constitute consequential damages as part of any Governmental Order that is entered by such Governmental Authority in connection with a Business Related Excluded Liabilities Claim.\n(d) Notwithstanding anything else contained in this Agreement to the contrary, after the Closing, indemnification and specific performance pursuant to the provisions of this Article X, Section 6.14 and Article VIII shall be the sole and exclusive remedy of the parties with respect to any and all claims (whether in contract or in tort) arising out of or in connection with this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby (other than remedies set forth in the Ancillary Agreements with regard to the transactions contemplated thereby), including in respect of any misrepresentation or breach of any warranty, covenant or other provision contained in this Agreement or in any certificate delivered pursuant hereto. Without limiting the generality or effect of the foregoing, as a material inducement to the Sellers entering into this Agreement, Purchaser hereby waives, from and after the Closing, any claim or cause of action, known and unknown, foreseen and unforeseen, which it or any of the other Purchaser Indemnified Parties may have against any Seller or any of its Affiliates, including without limitation under the common law or federal or state securities Laws, trade regulation Laws or other Laws (including any relating to Intellectual Property, products liability (including Products Liability Claims), Tax, environmental, real estate or employee matters), by reason of this Agreement and the transactions provided for herein, except for claims or causes of action brought under and subject to the terms and conditions of the provisions contained in this Article X and Article VIII. All payments made pursuant to this Article X and Article VIII shall be made by the Sellers to Purchaser or by Purchaser to the Sellers, as the case may be, and shall be deemed to be adjustments to the Purchase Price. Notwithstanding anything to the contrary herein, nothing in this Article X shall limit any claim by a Purchaser Indemnified Party alleging that Sellers defrauded such Person by intentionally omitting or misstating any disclosure in the Disclosure Schedule where such omission or misstatement constitutes a breach in any material respect of any express representation or warranty, which claims shall, in any case, be subject to the provisions of Sections 4.23, 5.7(a)-(d), 11.7 and 11.8.\n(e) The Sellers and Purchaser acknowledge and agree that the other parties would be damaged irreparably in the event any provision of this Agreement is not performed in accordance with its specific terms or otherwise is breached, so that a party shall be entitled to injunctive relief to prevent breaches of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof. In particular, the parties acknowledge that the Business is unique and recognize and affirm that in the event that the Sellers breach this Agreement, money damages would be inadequate and Purchaser would have no adequate remedy at law, so that Purchaser shall have the right, in addition to any other rights and remedies existing in its favor, to enforce its rights and the Sellers\u2019 obligations hereunder not only by action for damages but also by action for specific performance, injunctive, and/or other equitable relief.", "size": 119, "hash": "6ce16d197e16c6e825b718302fdd6856", "id": 1}, {"samples": [{"hash": "lJx9Y3ji4VH", "uri": "/contracts/lJx9Y3ji4VH#indemnification-limitations", "label": "Preferred Stock Purchase Agreement (Marketing Specialists Corp)", "score": 18.0, "published": true}, {"hash": "jMt4AD7eOhj", "uri": "/contracts/jMt4AD7eOhj#indemnification-limitations", "label": "Preferred Stock Purchase Agreement (Richmont Marketing Specialists Inc)", "score": 18.0, "published": true}, {"hash": "bM0Ek3feTVB", "uri": "/contracts/bM0Ek3feTVB#indemnification-limitations", "label": "Preferred Stock Purchase Agreement (Marketing Specialists Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [0, 29]}, {"key": "indemnified-party", "type": "definition", "offset": [35, 52]}, {"key": "section-61", "type": "clause", "offset": [92, 103]}, {"key": "to-the-extent", "type": "clause", "offset": [116, 129]}, {"key": "amount-of-losses", "type": "clause", "offset": [149, 165]}, {"key": "section-63", "type": "clause", "offset": [245, 256]}, {"key": "indemnification-obligations", "type": "clause", "offset": [289, 316]}, {"key": "officer-of-the-company", "type": "definition", "offset": [345, 367]}, {"key": "organizational-documents", "type": "definition", "offset": [378, 402]}, {"key": "state-law", "type": "clause", "offset": [404, 413]}], "snippet": "Notwithstanding the foregoing, the Indemnified Party shall be entitled to make claims under Section 6.1 hereof only to the extent that the aggregate amount of losses arising from such claims does not exceed $5,000,000. Nothing contained in this Section 6.3 shall be construed to limit the indemnification obligations afforded to any director or officer of the Company under its organizational documents, state law or otherwise.", "size": 13, "hash": "43ad68706579077635d2389cf9dd83c0", "id": 3}, {"samples": [{"hash": "c6rgvxj1HL1", "uri": "/contracts/c6rgvxj1HL1#indemnification-limitations", "label": "Stock Purchase Agreement (Genesis Group Holdings Inc)", "score": 23.9267616272, "published": true}, {"hash": "5sEGKYUqueR", "uri": "/contracts/5sEGKYUqueR#indemnification-limitations", "label": "Stock Purchase Agreement (Genesis Group Holdings Inc)", "score": 23.8829574585, "published": true}], "snippet_links": [{"key": "claim-for-losses", "type": "clause", "offset": [22, 38]}, {"key": "by-purchaser", "type": "clause", "offset": [39, 51]}, {"key": "aggregate-amount", "type": "clause", "offset": [106, 122]}, {"key": "of-purchaser", "type": "clause", "offset": [137, 149]}, {"key": "this-agreement", "type": "clause", "offset": [156, 170]}, {"key": "threshold-amount", "type": "clause", "offset": [217, 233]}, {"key": "in-no-event-shall", "type": "clause", "offset": [316, 333]}, {"key": "liability-of-sellers", "type": "clause", "offset": [358, 378]}, {"key": "sum-of", "type": "clause", "offset": [417, 423]}, {"key": "lesser-of", "type": "definition", "offset": [450, 459]}, {"key": "actually-paid", "type": "definition", "offset": [493, 506]}, {"key": "to-sellers", "type": "definition", "offset": [507, 517]}, {"key": "after-the-closing", "type": "clause", "offset": [518, 535]}, {"key": "due-and-owing", "type": "definition", "offset": [539, 552]}, {"key": "article-ix", "type": "definition", "offset": [736, 746]}, {"key": "no-losses", "type": "clause", "offset": [748, 757]}, {"key": "sustained-by", "type": "clause", "offset": [799, 811]}, {"key": "to-the-extent", "type": "clause", "offset": [828, 841]}, {"key": "tax-benefit", "type": "clause", "offset": [854, 865]}, {"key": "received-by", "type": "definition", "offset": [875, 886]}, {"key": "the-company", "type": "definition", "offset": [938, 949]}, {"key": "following-the-closing", "type": "clause", "offset": [951, 972]}, {"key": "resulting-from", "type": "definition", "offset": [974, 988]}, {"key": "insurance-proceeds", "type": "definition", "offset": [1032, 1050]}, {"key": "in-respect-of", "type": "clause", "offset": [1087, 1100]}, {"key": "deductible-amounts", "type": "definition", "offset": [1124, 1142]}, {"key": "reasonable-efforts-to-mitigate", "type": "clause", "offset": [1197, 1227]}, {"key": "to-the-fullest-extent", "type": "clause", "offset": [1229, 1250]}, {"key": "claim-for-indemnification", "type": "clause", "offset": [1301, 1326]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [1362, 1402]}, {"key": "to-provide", "type": "clause", "offset": [1470, 1480]}, {"key": "with-respect-to", "type": "clause", "offset": [1497, 1512]}, {"key": "indemnified-party", "type": "definition", "offset": [1554, 1571]}, {"key": "payment-for-losses", "type": "clause", "offset": [1602, 1620]}, {"key": "rights-of-the-indemnitee", "type": "clause", "offset": [1734, 1758]}, {"key": "third-party", "type": "definition", "offset": [1771, 1782]}, {"key": "the-payment", "type": "clause", "offset": [1820, 1831]}, {"key": "in-addition-to", "type": "clause", "offset": [1841, 1855]}, {"key": "other-obligation", "type": "clause", "offset": [1860, 1876]}, {"key": "agrees-to", "type": "clause", "offset": [1914, 1923]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1929, 1948]}, {"key": "upon-request", "type": "definition", "offset": [1950, 1962]}, {"key": "all-instruments", "type": "clause", "offset": [1982, 1997]}, {"key": "reasonably-necessary", "type": "clause", "offset": [1998, 2018]}, {"key": "rights-granted", "type": "definition", "offset": [2077, 2091]}, {"key": "pursuant-to", "type": "definition", "offset": [2092, 2103]}, {"key": "responsibility-of-the-parties", "type": "clause", "offset": [2166, 2195]}, {"key": "in-connection-with", "type": "clause", "offset": [2206, 2224]}, {"key": "the-transactions", "type": "clause", "offset": [2225, 2241]}, {"key": "representation-or-warranty", "type": "clause", "offset": [2309, 2335]}, {"key": "breach-of-any", "type": "clause", "offset": [2347, 2360]}, {"key": "for-any-other-reason", "type": "clause", "offset": [2387, 2407]}, {"key": "nothing-in-this-section", "type": "clause", "offset": [2476, 2499]}, {"key": "specific-performance-or-injunctive-relief", "type": "clause", "offset": [2547, 2588]}], "snippet": "(a) The amount of any claim for Losses by Purchaser shall not be payable hereunder until such time as the aggregate amount of all Losses of Purchaser under this Agreement exceed Sixty Thousand Dollars ($60,000) (the \u201cThreshold Amount\u201d); and thereafter only for Losses of Purchaser in excess of the Threshold Amount. In no event shall the aggregate amount of liability of Sellers for Losses exceed an amount equal the sum of (x) $700,000 plus (y) the lesser of (A) $300,000 and (B) any amounts actually paid to Sellers after the Closing or due and owing but not actually paid to Sellers after the Closing.\n(b) If any event shall occur or circumstance shall exist which would otherwise entitle an Indemnitee to indemnification under this Article IX, no Losses shall be deemed to have been incurred or sustained by such Indemnitee to the extent of: (a) any tax benefit actually received by the Indemnitee or any Affiliate thereof (including the Company, following the Closing) resulting from matters underlying such breach; or (b) any insurance proceeds actually received by the Indemnitee in respect of the Losses (net of any deductible amounts). An Indemnitee shall be required to use commercially reasonable efforts to mitigate, to the fullest extent practicable, the amount of any Losses for which a claim for indemnification is made under this Article IX and, notwithstanding anything to the contrary in this Article IX, the Indemnitor shall not be required hereunder to provide indemnification with respect to any Losses resulting from failure of any Indemnified Party to do so.\n(c) Upon making any payment for Losses of an Indemnitee under this Article IX, the Indemnitor will, to the extent of such payment, be subrogated to all rights of the Indemnitee against any third party with respect to the Losses for which the payment relates. In addition to any other obligation under this Agreement, the Indemnitee agrees to duly execute and deliver, upon request of the Indemnitor, all instruments reasonably necessary to evidence and perfect the subrogation and subordination rights granted pursuant to this Section 9.7(c).\n(d) The sole and exclusive liability and responsibility of the parties hereunder in connection with the transactions described herein (including for any breach of or inaccuracy in any representation or warranty or for any breach of any covenant or obligation or for any other reason), shall be as set forth in this Article IX; provided, however, that nothing in this Section 9.7(d) shall prohibit any party from obtaining specific performance or injunctive relief in respect of any covenant or obligation.", "size": 18, "hash": "08cad883fab842409efd93d2e704b26b", "id": 2}, {"samples": [{"hash": "1hyCPW7D1nh", "uri": "/contracts/1hyCPW7D1nh#indemnification-limitations", "label": "Stockholder Agreement (National Australia Bank LTD)", "score": 25.824092865, "published": true}, {"hash": "dL7rQfbasi1", "uri": "/contracts/dL7rQfbasi1#indemnification-limitations", "label": "Stockholder Agreement (Great Western Bancorp, Inc.)", "score": 25.7529087067, "published": true}, {"hash": "8RVQXwsTnoN", "uri": "/contracts/8RVQXwsTnoN#indemnification-limitations", "label": "Stockholder Agreement (Great Western Bancorp, Inc.)", "score": 25.7310066223, "published": true}], "snippet_links": [{"key": "subject-to-the", "type": "clause", "offset": [4, 18]}, {"key": "article-vii", "type": "clause", "offset": [44, 55]}, {"key": "act-in-good-faith", "type": "clause", "offset": [87, 104]}, {"key": "use-of-personnel", "type": "clause", "offset": [146, 162]}, {"key": "own-cost", "type": "clause", "offset": [256, 264]}, {"key": "for-its-own-account", "type": "clause", "offset": [269, 288]}, {"key": "conduct-of", "type": "clause", "offset": [303, 313]}, {"key": "any-action", "type": "definition", "offset": [347, 357]}, {"key": "reasonable-efforts-to-mitigate", "type": "clause", "offset": [454, 484]}, {"key": "any-loss", "type": "definition", "offset": [485, 493]}, {"key": "section-71", "type": "definition", "offset": [559, 570]}, {"key": "in-the-event", "type": "clause", "offset": [572, 584]}, {"key": "an-indemnified-person", "type": "clause", "offset": [585, 606]}, {"key": "indemnifying-person", "type": "definition", "offset": [640, 659]}, {"key": "liability-for", "type": "clause", "offset": [674, 687]}, {"key": "the-indemnified-person", "type": "clause", "offset": [757, 779]}, {"key": "indemnification-payment", "type": "clause", "offset": [819, 842]}, {"key": "in-respect-of", "type": "clause", "offset": [843, 856]}, {"key": "party-claim", "type": "clause", "offset": [865, 876]}, {"key": "to-the-extent", "type": "clause", "offset": [908, 921]}, {"key": "rights-of-the", "type": "clause", "offset": [960, 973]}, {"key": "relevant-third-party", "type": "definition", "offset": [1005, 1025]}, {"key": "loss-to", "type": "clause", "offset": [1044, 1051]}, {"key": "the-payment", "type": "clause", "offset": [1058, 1069]}, {"key": "payment-for", "type": "clause", "offset": [1146, 1157]}, {"key": "claims-of", "type": "clause", "offset": [1181, 1190]}, {"key": "payment-to-the", "type": "clause", "offset": [1336, 1350]}, {"key": "without-limiting-the-generality-of", "type": "clause", "offset": [1405, 1439]}, {"key": "other-provision-of-this-agreement", "type": "clause", "offset": [1444, 1477]}, {"key": "upon-request", "type": "definition", "offset": [1550, 1562]}, {"key": "all-instruments", "type": "clause", "offset": [1563, 1578]}, {"key": "reasonably-necessary", "type": "clause", "offset": [1579, 1599]}, {"key": "subordination-rights", "type": "clause", "offset": [1660, 1680]}], "snippet": "(a) Subject to the other provisions of this Article VII, each Indemnified Person shall act in good faith, and will make the same decisions in the use of personnel and the incurring of expenses as it would make if it were engaged and acting entirely at its own cost and for its own account regarding the conduct of any proceedings or the taking of any action for which indemnification may be sought.\n(b) Each Indemnified Person shall use its commercially reasonable efforts to mitigate any Loss that is subject to indemnification pursuant to the provisions of Section 7.1. In the event an Indemnified Person fails to so mitigate a Loss, the Indemnifying Person shall have no liability for any portion of such Loss that reasonably could have been avoided had the Indemnified Person made such efforts.\n(c) Upon making any indemnification payment in respect of a Third-Party Claim, the Indemnifying Person will, to the extent of such payment, be subrogated to all rights of the Indemnified Person against the relevant third party in respect of the Loss to which the payment relates; provided, however, that until the Indemnified Person recovers full payment for such Loss, any and all claims of the Indemnifying Person against any such third party on account of said payment are hereby made expressly subordinated and subjected in right of payment to the Indemnified Person\u2019s rights against such third party. Without limiting the generality of any other provision of this Agreement, each such Indemnified Person and Indemnifying Person will duly execute upon request all instruments reasonably necessary to evidence and perfect the above-described subrogation and subordination rights.", "size": 9, "hash": "f3c9ac9e96cff539ee300114ccc02f5f", "id": 8}, {"samples": [{"hash": "aLePwgDjLUd", "uri": "/contracts/aLePwgDjLUd#indemnification-limitations", "label": "Merger Agreement (Universal Document MGMT Systems Inc)", "score": 18.0, "published": true}, {"hash": "96aaW64dxTJ", "uri": "/contracts/96aaW64dxTJ#indemnification-limitations", "label": "Merger Agreement (Universal Document MGMT Systems Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "section-136", "type": "clause", "offset": [3, 15]}, {"key": "tax-benefits", "type": "definition", "offset": [16, 28]}, {"key": "insurance-proceeds", "type": "definition", "offset": [30, 48]}, {"key": "section-137", "type": "clause", "offset": [106, 118]}], "snippet": "44 Section 13.6 Tax Benefits; Insurance Proceeds...................................................... 44 Section 13.7", "size": 10, "hash": "554adf11e49f739f4374ad1f6aa98d73", "id": 6}, {"samples": [{"hash": "v74DFtBD03", "uri": "/contracts/v74DFtBD03#indemnification-limitations", "label": "Consulting/Professional Services Agreement", "score": 29.58177948, "published": true}, {"hash": "aIdLNIiRXba", "uri": "/contracts/aIdLNIiRXba#indemnification-limitations", "label": "Consulting/Professional Services Agreement", "score": 29.287027359, "published": true}, {"hash": "5F4E30x9zDz", "uri": "/contracts/5F4E30x9zDz#indemnification-limitations", "label": "Consulting/Professional Services Agreement", "score": 28.7669277191, "published": true}], "snippet_links": [{"key": "the-foregoing", "type": "clause", "offset": [0, 13]}, {"key": "loss-of-life", "type": "clause", "offset": [92, 104]}, {"key": "damage-to-property", "type": "definition", "offset": [106, 124]}, {"key": "violation-of-law", "type": "clause", "offset": [129, 145]}, {"key": "gross-negligence-or-willful-misconduct", "type": "clause", "offset": [169, 207]}, {"key": "of-the-district", "type": "clause", "offset": [208, 223]}, {"key": "the-actions", "type": "clause", "offset": [282, 293]}, {"key": "duty-of", "type": "clause", "offset": [488, 495]}, {"key": "indemnify-and-hold-harmless", "type": "clause", "offset": [523, 550]}, {"key": "duty-to-defend", "type": "clause", "offset": [564, 578]}, {"key": "california-civil-code", "type": "clause", "offset": [615, 636]}, {"key": "by-district", "type": "clause", "offset": [649, 660]}, {"key": "endorsements-required", "type": "clause", "offset": [691, 712]}, {"key": "indemnification-and-hold-harmless-clause", "type": "clause", "offset": [801, 841]}, {"key": "claims-for-damages", "type": "clause", "offset": [919, 937]}, {"key": "insurance-policies", "type": "clause", "offset": [958, 976]}, {"key": "to-apply", "type": "clause", "offset": [1004, 1012]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [1017, 1044]}, {"key": "agrees-to", "type": "clause", "offset": [1087, 1096]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [1101, 1127]}], "snippet": "The foregoing obligation(s) of Consultant/Professional shall not apply when (1) the injury, loss of life, damage to property, or violation of law arises wholly from the gross negligence or willful misconduct of the District or its officers, employees, agents, or volunteers and (2) the actions of Consultant/Professional or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to property, or violation of law. It is understood that the duty of Consultant/Professional to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code. Acceptance by District of insurance certificates and endorsements required under this Agreement does not relieve Consultant/Professional from liability under this indemnification and hold harmless clause. This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply. By execution of this Agreement, Consultant/Professional acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.", "size": 10, "hash": "44cff010012b2044c7fcfbd1f14bf0fa", "id": 5}, {"samples": [{"hash": "3K8W4wYMoCN", "uri": "/contracts/3K8W4wYMoCN#indemnification-limitations", "label": "Asset Sale Agreement (Health Management Associates Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "notwithstanding-any-provision", "type": "clause", "offset": [4, 33]}, {"key": "in-this-agreement", "type": "clause", "offset": [60, 77]}, {"key": "seller-shall", "type": "clause", "offset": [79, 91]}, {"key": "no-liability-to-indemnify", "type": "clause", "offset": [101, 126]}, {"key": "section-1021", "type": "clause", "offset": [143, 157]}, {"key": "no-claim", "type": "clause", "offset": [162, 170]}, {"key": "notice-thereof", "type": "clause", "offset": [236, 250]}, {"key": "of-purchaser", "type": "clause", "offset": [289, 301]}, {"key": "to-seller", "type": "definition", "offset": [302, 311]}, {"key": "failure-to-provide", "type": "clause", "offset": [359, 377]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [390, 408]}, {"key": "materially-impair", "type": "definition", "offset": [418, 435]}, {"key": "a-third-party", "type": "clause", "offset": [519, 532]}, {"key": "to-the-extent", "type": "clause", "offset": [582, 595]}, {"key": "any-loss", "type": "definition", "offset": [601, 609]}, {"key": "policy-of-insurance", "type": "clause", "offset": [635, 654]}, {"key": "in-force", "type": "definition", "offset": [655, 663]}, {"key": "date-of-loss", "type": "clause", "offset": [671, 683]}, {"key": "applicable-policy", "type": "definition", "offset": [790, 807]}, {"key": "insurance-carrier", "type": "clause", "offset": [849, 866]}, {"key": "relates-to", "type": "definition", "offset": [912, 922]}, {"key": "arising-out-of", "type": "definition", "offset": [935, 949]}, {"key": "relating-to", "type": 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"after-the-effective-date", "type": "clause", "offset": [1911, 1935]}, {"key": "without-limitation", "type": "clause", "offset": [2059, 2077]}, {"key": "future-revenue", "type": "clause", "offset": [2087, 2101]}, {"key": "business-reputation", "type": "clause", "offset": [2123, 2142]}, {"key": "consequential-damages", "type": "definition", "offset": [2174, 2195]}, {"key": "nature-of", "type": "clause", "offset": [2390, 2399]}, {"key": "to-purchaser", "type": "clause", "offset": [2441, 2453]}, {"key": "liability-of-seller", "type": "clause", "offset": [2504, 2523]}, {"key": "in-respect-of", "type": "clause", "offset": [2524, 2537]}, {"key": "five-thousand", "type": "clause", "offset": [2588, 2601]}, {"key": "the-total", "type": "clause", "offset": [2648, 2657]}, {"key": "relevant-claims", "type": "definition", "offset": [2703, 2718]}, {"key": "in-the-aggregate", "type": "definition", "offset": [2719, 2735]}, {"key": "aggregate-amount", "type": "clause", "offset": [2783, 2799]}, {"key": "amount-of-damages", "type": "clause", "offset": [2930, 2947]}, {"key": "claim-by-purchaser", "type": "clause", "offset": [3022, 3040]}, {"key": "breach-by-seller", "type": "clause", "offset": [3078, 3094]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [3098, 3123]}, {"key": "maximum-aggregate-liability", "type": "clause", "offset": [3215, 3242]}, {"key": "the-cash-purchase-price", "type": "definition", "offset": [3304, 3327]}, {"key": "claim-of-indemnity", "type": "definition", "offset": [3487, 3505]}, {"key": "reasonable-endeavors", "type": "definition", "offset": [3570, 3590]}, {"key": "sum-recovered", "type": "definition", "offset": [3641, 3654]}, {"key": "party-a", "type": "definition", "offset": [3802, 3809]}, {"key": "reasonable-costs", "type": "definition", "offset": [3911, 3927]}, {"key": "expenses-incurred", "type": "definition", "offset": [3941, 3958]}, {"key": "the-third-party", "type": "definition", "offset": [4050, 4065]}], "snippet": "(a) Notwithstanding any provision to the contrary contained in this Agreement, Seller shall be under no liability to indemnify Purchaser under Section 10.2.1 and no claim under Section 10.2.1 of this Agreement shall:\n(i) be made unless notice thereof shall have been given by or on behalf of Purchaser to Seller in the manner provided in Section 10.4, unless failure to provide such notice in a timely manner does not materially impair Seller\u2019s ability to defend its rights, mitigate damages, seek indemnification from a third party or otherwise protect its interests;\n(ii) be made to the extent that any loss may be recovered under a policy of insurance in force on the date of loss; provided, however, that this Section 10.2.2(a)(ii) shall not apply to the extent that coverage under the applicable policy of insurance is denied by the applicable insurance carrier;\n(iii) be made to the extent that such claim relates to a liability arising out of or relating to any act, omission, event or occurrence connected with:\n(A) the use, ownership or operation of any of the Hospitals, or\n(B) the use, ownership or operation of any of the Assets or the assets comprising any of the TRH Businesses, on and after the Effective Time (without regard to whether such use, ownership or operation is consistent with Seller\u2019s or TRH\u2019s policies, procedures and/or practices prior to the Effective Time); other than as specifically included in the Excluded Liabilities;\n(iv) be made if and to the extent that proper provision or reserve was made for the matter giving rise to the claim in Net Working Capital;\n(v) be made to the extent such claim relates to an obligation or liability for which Purchaser has agreed to indemnify Seller pursuant to Section 10.3;\n(vi) be made to the extent that such claim would not have arisen but for a voluntary act, omission or transaction carried out by Purchaser, TRH or their affiliates after the Effective Date;\n(vii) be made to the extent such claim seeks Damages which are consequential in nature (as opposed to direct), including, without limitation, loss of future revenue or income or loss of business reputation or opportunity (collectively, \u201cConsequential Damages\u201d); provided, however, the limitation contained in this Section 10.2.2(a)(vii) shall not apply to the extent of any payments which Purchaser is required to make to a third party which are in the nature of Consequential Damages; and\n(viii) accrue to Purchaser unless and only to the extent that (A) the actual liability of Seller in respect of any single claim under Section 10.2.1\n(a) exceeds Five Thousand Dollars ($5,000) (a \u201cRelevant Claim\u201d) and (B) the total actual liability of Seller in respect of all Relevant Claims in the aggregate exceeds One Million Dollars ($1,000,000) (the \u201cAggregate Amount\u201d), in which event Purchaser shall be entitled to seek indemnification under Section 10.2.1(a) for all Relevant Claims in the full amount of Damages provided, however, that the Aggregate Amount shall be inapplicable to any claim by Purchaser for indemnification as a result of a breach by Seller of the provisions of Section 2.6(a).\n(b) Notwithstanding any provision to the contrary contained in this Agreement, the maximum aggregate liability of Seller to Purchaser under this Agreement shall not exceed the Cash Purchase Price.\n(c) If Purchaser is entitled to recover any sum (whether by payment, discount, credit or otherwise) from any third party in respect of any matter for which a claim of indemnity could be made against Seller hereunder, Purchaser shall use its reasonable endeavors to recover such sum from such third party and any sum recovered will reduce the amount of the claim. If Seller pays to Purchaser an amount in respect of a claim, and Purchaser subsequently recovers from a third party a sum which is referable to that claim, Purchaser shall forthwith repay such amount to Seller less all reasonable costs, charges and expenses incurred by Purchaser in obtaining payment in respect of that claim and in recovering that sum from the third party.", "size": 9, "hash": "267ff3cb9f7233c24dfaaf41467c531f", "id": 9}, {"samples": [{"hash": "ly09iGKQWax", "uri": "/contracts/ly09iGKQWax#indemnification-limitations", "label": "Merger Agreement (Universal Document MGMT Systems Inc)", "score": 18.0, "published": true}, {"hash": "l6ebNhxQIUV", "uri": "/contracts/l6ebNhxQIUV#indemnification-limitations", "label": "Merger Agreement (Universal Document MGMT Systems Inc)", "score": 18.0, "published": true}, {"hash": "cP1cq5QfCv4", "uri": "/contracts/cP1cq5QfCv4#indemnification-limitations", "label": "Merger Agreement (Universal Document MGMT Systems Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-the-provisions-of", "type": "clause", "offset": [0, 33]}, {"key": "no-party", "type": "clause", "offset": [62, 70]}, {"key": "to-indemnify", "type": "clause", "offset": [89, 101]}, {"key": "another-party", "type": "definition", "offset": [102, 115]}, {"key": "with-respect-to", "type": "clause", "offset": [116, 131]}, {"key": "breach-of", "type": "definition", "offset": [134, 143]}, {"key": "claim-for-indemnification", "type": "clause", "offset": [194, 219]}, {"key": "time-limit", "type": "definition", "offset": [242, 252]}, {"key": "section-186", "type": "clause", "offset": [266, 278]}, {"key": "no-claim", "type": "clause", "offset": [284, 292]}, {"key": "by-any-party", "type": "clause", "offset": [308, 320]}, {"key": "article-xiii", "type": "clause", "offset": [360, 372]}, {"key": "aggregate-cumulative-amount", "type": "definition", "offset": [394, 421]}, {"key": "such-party", "type": "clause", "offset": [431, 441]}, {"key": "the-value", "type": "clause", "offset": [565, 574]}, {"key": "the-merger-consideration", "type": "clause", "offset": [578, 602]}], "snippet": "Notwithstanding the provisions of Sections 13.1 and 13.2, (a) no party shall be required to indemnify another party with respect to a breach of a representation, warranty or covenant unless the claim for indemnification is brought within the time limit set forth in Section 18.6, (b) no claim may be brought by any party entitled to indemnification under this Article XIII unless and until the aggregate cumulative amount to which such party is entitled equals or exceeds $50,000, and (c) no party shall be obligated to make any indemnification in excess of 50% of the value of the Merger Consideration.", "size": 8, "hash": "720fb69ea9cd6f466d68559e95d2ee54", "id": 10}], "next_curs": "CmQSXmoVc35sYXdpbnNpZGVyY29udHJhY3RzckALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiRpbmRlbW5pZmljYXRpb24tbGltaXRhdGlvbnMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Indemnification Limitations", "children": [["indemnification-actions", "Indemnification Actions"], ["indemnification", "Indemnification"], ["negligence-strict-liability", "Negligence; Strict Liability"], ["survival", "Survival"], ["limitation-on-actions", "Limitation on Actions"]], "size": 623, "parents": [["indemnification", "Indemnification"], ["survival-indemnification", "Survival Indemnification"], ["remedies", "Remedies"], ["indemnification-provisions", "Indemnification Provisions"], ["survival-and-indemnification", "Survival and Indemnification"]], "id": "indemnification-limitations", "related": [["indemnification-limitation-of-liability", "Indemnification Limitation of Liability", "Indemnification Limitation of Liability"], ["additional-indemnification-limitation-of-liability", "Additional Indemnification; Limitation of Liability", "Additional Indemnification; Limitation of Liability"], ["exculpation-indemnification", "Exculpation; Indemnification", "Exculpation; Indemnification"], ["liability-exculpation-and-indemnification", "Liability Exculpation and Indemnification", "Liability Exculpation and Indemnification"], ["specific-limitations-on-indemnification", "Specific Limitations on Indemnification", "Specific Limitations on Indemnification"]], "related_snippets": [], "updated": "2026-05-08T06:30:32+00:00", "also_ask": ["What are the most effective caps or carve-outs to negotiate in indemnification limitations?", "Which drafting elements are essential to prevent unintended liability gaps?", "What common indemnification limitation flaws have courts found unenforceable?", "How do indemnification limitation standards differ across key jurisdictions?", "What are the best strategies to align indemnification limitations with insurance coverage?"], "drafting_tip": "Specify monetary caps and carve-outs to balance risk allocation; define covered claims precisely to avoid ambiguity; require prompt notice of claims to ensure timely defense.", "explanation": "The Indemnification Limitations clause sets boundaries on the extent to which one party must compensate the other for losses or damages arising from certain events or claims. Typically, this clause may cap the total amount recoverable under indemnification, exclude certain types of damages like consequential or punitive damages, or limit indemnification to specific circumstances such as breaches of contract or third-party claims. Its core practical function is to allocate and manage risk between the parties by preventing unlimited liability and ensuring that indemnification obligations remain reasonable and predictable."}, "json": true, "cursor": ""}}