{"component": "clause", "props": {"groups": [{"samples": [{"hash": "18kFfdL56JB", "uri": "/contracts/18kFfdL56JB#indemnification-threshold-and-cap", "label": "Stock Purchase Agreement (Roundys Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [0, 40]}, {"key": "subject-to-section", "type": "clause", "offset": [53, 71]}, {"key": "claiming-party", "type": "definition", "offset": [100, 114]}, {"key": "indemnifying-party", "type": "definition", "offset": [127, 145]}, {"key": "this-agreement", "type": "clause", "offset": [152, 166]}, {"key": "in-the-event", "type": "clause", "offset": [215, 227]}, {"key": "to-the-extent", "type": "clause", "offset": [232, 245]}, {"key": "accumulated-amount", "type": "definition", "offset": [255, 273]}, {"key": "all-claims", "type": "clause", "offset": [277, 287]}, {"key": "for-purposes-hereof", "type": "definition", "offset": [351, 370]}, {"key": "settled-claims", "type": "definition", "offset": [373, 387]}, {"key": "in-the-aggregate", "type": "definition", "offset": [499, 515]}, {"key": "indemnification-threshold", "type": "clause", "offset": [522, 547]}, {"key": "maximum-amount", "type": "definition", "offset": [564, 578]}, {"key": "to-provide", "type": "clause", "offset": [630, 640]}, {"key": "indemnification-cap", "type": "definition", "offset": [727, 746]}, {"key": "the-indemnification", "type": "definition", "offset": [762, 781]}, {"key": "buyer-indemnities", "type": "definition", "offset": [825, 842]}, {"key": "buyer-affiliates", "type": "definition", "offset": [847, 863]}, {"key": "principal-shareholders", "type": "definition", "offset": [891, 913]}, {"key": "the-other-hand", "type": "clause", "offset": [929, 943]}, {"key": "aggregate-amount", "type": "definition", "offset": [1017, 1033]}, {"key": "such-party", "type": "clause", "offset": [1126, 1136]}, {"key": "further-claims", "type": "clause", "offset": [1220, 1234]}, {"key": "subject-to-the", "type": "definition", "offset": [1273, 1287]}], "size": 4, "snippet": "Notwithstanding anything to the contrary herein, but subject to Section 10.6(c): (i) any claim by a Claiming Party against any Indemnifying Party under this Agreement shall be payable by the Indemnifying Party only in the event and to the extent that the accumulated amount of all claims that have been Definitively Resolved (as hereinafter defined) (for purposes hereof, \"Settled Claims\") against such Indemnifying Party shall exceed the amount of Nine Hundred Nineteen Thousand Dollars ($919,000) in the aggregate (the \"Indemnification Threshold\"); and (ii) the maximum amount for which an Indemnifying Party shall be obligated to provide indemnification hereunder shall not exceed Twenty Million Dollars ($20,000,000) (the \"Indemnification Cap\"). In applying the Indemnification Threshold and the Indemnification Cap, all Buyer Indemnities (or Buyer Affiliates), on the one hand, and all Principal Shareholders as a group, on the other hand, shall be considered to be one \"Indemnifying Party.\" At such time as the aggregate amount of Settled Claims against an Indemnifying Party shall exceed the Indemnification Threshold, such party shall thereafter be liable on a dollar-for-dollar basis for the full amount of all further claims beyond the Indemnification Threshold, subject to the Indemnification Cap.", "hash": "8d81f79dacb51b49d8828f156d1368e5", "id": 1}, {"samples": [{"hash": "ftXKMd4acaR", "uri": "/contracts/ftXKMd4acaR#indemnification-threshold-and-cap", "label": "Merger Agreement (Brampton Crest International Inc)", "score": 21.0, "published": true}, {"hash": "f03j37ba9BZ", "uri": "/contracts/f03j37ba9BZ#indemnification-threshold-and-cap", "label": "Merger Agreement (Blue Mountain Resources Inc.)", "score": 21.0, "published": true}, {"hash": "6VZ9yHBwr5R", "uri": "/contracts/6VZ9yHBwr5R#indemnification-threshold-and-cap", "label": "Merger Agreement (310 Holdings, Inc.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [4, 54]}, {"key": "person-or-party", "type": "definition", "offset": [66, 81]}, {"key": "obligation-to-indemnify", "type": "clause", "offset": [97, 120]}, {"key": "the-company", "type": "definition", "offset": [131, 142]}, {"key": "the-case", "type": "definition", "offset": [147, 155]}, {"key": "adverse-consequences", "type": "clause", "offset": [185, 205]}, {"key": "breach-of-any", "type": "clause", "offset": [232, 245]}, {"key": "representation-or-warranty", "type": "clause", "offset": [246, 272]}, {"key": "company-hereunder", "type": "clause", "offset": [290, 307]}, {"key": "alleged-breaches", "type": "clause", "offset": [447, 463]}, {"key": "in-the-aggregate", "type": "definition", "offset": [487, 503]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [575, 604]}, {"key": "prior-sentence", "type": "definition", "offset": [644, 658]}, {"key": "any-person", "type": "clause", "offset": [667, 677]}, {"key": "equal-to", "type": "definition", "offset": [1128, 1136]}], "size": 3, "snippet": "(a) Notwithstanding anything to the contrary contained herein, no Person or Party shall have any obligation to indemnify Parent or the Company, as the case may be, from and against any Adverse Consequences caused proximately by the breach of any representation or warranty of Parent or the Company hereunder, as the case may be, until Parent or the Company, as the case may be, has suffered Adverse Consequences by reason of all such breaches (or alleged breaches) in excess of $250,000 in the aggregate, with no single Adverse Consequence being valued at less than $50,000. Notwithstanding the foregoing, once the threshold referred to in the prior sentence is met, any Person or Party having an obligation to indemnify shall indemnify Parent or the Company from dollar one.\n(b) Notwithstanding anything to the contrary contained herein, no Person or Party shall have any obligation to indemnify Parent or the Company, as the case may be, from and against any Adverse Consequences caused proximately by the breach of any representation or warranty of Parent or the Company hereunder, as the case may be, in excess of an amount equal to US $1,000,000.", "hash": "8bd81d5938d1cef45d5c12a66641c853", "id": 2}, {"samples": [{"hash": "P7bxLHPsa2", "uri": "/contracts/P7bxLHPsa2#indemnification-threshold-and-cap", "label": "Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.)", "score": 34.1854896545, "published": true}], "snippet_links": [{"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [0, 40]}, {"key": "in-this-agreement", "type": "definition", "offset": [41, 58]}, {"key": "seller-shall", "type": "clause", "offset": [64, 76]}, {"key": "to-provide", "type": "clause", "offset": [93, 103]}, {"key": "purchaser-indemnitees", "type": "clause", "offset": [127, 148]}, {"key": "section-152", "type": "clause", "offset": [161, 173]}, {"key": "except-to-the-extent", "type": "clause", "offset": [174, 194]}, {"key": "aggregate-amount", "type": "definition", "offset": [199, 215]}, {"key": "losses-incurred", "type": "definition", "offset": [239, 254]}, {"key": "liability-for", "type": "clause", "offset": [468, 481]}, {"key": "indemnification-claims", "type": "clause", "offset": [494, 516]}, {"key": "the-purchase-price", "type": "clause", "offset": [556, 574]}, {"key": "in-the-event-the", "type": "clause", "offset": [616, 632]}, {"key": "the-indemnification", "type": "definition", "offset": [789, 808]}, {"key": "losses-paid", "type": "definition", "offset": [809, 820]}, {"key": "excess-insurance-proceeds", "type": "clause", "offset": [892, 917]}, {"key": "applicable-purchaser", "type": "clause", "offset": [925, 945]}, {"key": "costs-and-expenses-of-collection", "type": "clause", "offset": [1004, 1036]}, {"key": "threshold-and-cap", "type": "clause", "offset": [1078, 1095]}, {"key": "from-seller", "type": "clause", "offset": [1154, 1165]}, {"key": "brokerage-commission", "type": "definition", "offset": [1200, 1220]}, {"key": "closing-adjustments", "type": "clause", "offset": [1255, 1274]}, {"key": "cure-right", "type": "definition", "offset": [1343, 1353]}, {"key": "section-132", "type": "clause", "offset": [1366, 1378]}, {"key": "expenses-incurred-by-the-purchaser", "type": "clause", "offset": [1427, 1461]}, {"key": "article-xv", "type": "definition", "offset": [1547, 1557]}], "size": 3, "snippet": "Notwithstanding anything to the contrary in this Agreement, (A) Seller shall not be required to provide indemnification to the Purchaser Indemnitees pursuant to Section 15.2 except to the extent the aggregate amount of all Indemnification Losses incurred by the Purchaser Indemnitees for which Purchaser otherwise would be entitled to indemnification under Section 15.2 exceeds Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the \u201cThreshold\u201d), and (B) Seller\u2019s liability for any and all indemnification claims shall not exceed three percent (3%) of the Purchase Price (the \u201cCap\u201d); (x) provided, however, that in the event the Purchaser Indemnitees suffer Indemnification Losses in excess of the Cap and Seller actually receives insurance proceeds in excess of the Cap on account of the Indemnification Losses paid over to the Purchaser Indemnitees, Seller shall pay the amount of such excess insurance proceeds to the applicable Purchaser Indemnitees, less any applicable deductibles and Seller\u2019s costs and expenses of collection, and (y) provided, further, however, the Threshold and Cap shall not apply to (i) any Indemnification Losses arising from Seller\u2019s fraud, (ii) any amounts for any brokerage commission or fees, (iii) prorations or post-closing adjustments pursuant to Section 11.2, (iv) any amounts under an Indemnification Cure Right pursuant to Section 13.2, and (v) any reasonable out-of-pocket costs and expenses incurred by the Purchaser Indemnitees in making any Indemnification Claim and enforcing the provisions of this Article XV.", "hash": "509698ea81c85990ad491c44b6132e27", "id": 3}, {"samples": [{"hash": "7ehEby6vNSz", "uri": "/contracts/7ehEby6vNSz#indemnification-threshold-and-cap", "label": "Stock Purchase Agreement", "score": 26.1704311371, "published": true}, {"hash": "4fD1C8InOjl", "uri": "/contracts/4fD1C8InOjl#indemnification-threshold-and-cap", "label": "Stock Purchase Agreement", "score": 21.0, "published": true}], "snippet_links": [{"key": "other-provision-of-this-agreement", "type": "clause", "offset": [20, 53]}, {"key": "indemnification-obligations", "type": "clause", "offset": [88, 115]}, {"key": "a-shareholder", "type": "definition", "offset": [152, 165]}, {"key": "buyer-warranty-breach", "type": "definition", "offset": [254, 275]}, {"key": "relates-to", "type": "definition", "offset": [303, 313]}, {"key": "hsr-act", "type": "definition", "offset": [318, 325]}, {"key": "the-claims", "type": "clause", "offset": [382, 392]}, {"key": "applicable-indemnitor", "type": "definition", "offset": [414, 435]}, {"key": "in-the-aggregate", "type": "definition", "offset": [448, 464]}, {"key": "representations-regarding", "type": "clause", "offset": [534, 559]}, {"key": "ownership-of-the-securities", "type": "clause", "offset": [570, 597]}, {"key": "title-to", "type": "clause", "offset": [622, 630]}, {"key": "key-assets", "type": "clause", "offset": [635, 645]}, {"key": "the-acquiror", "type": "clause", "offset": [666, 678]}, {"key": "benefit-of-the-bargain", "type": "clause", "offset": [681, 703]}, {"key": "the-parties", "type": "definition", "offset": [723, 734]}, {"key": "the-closing", "type": "clause", "offset": [782, 793]}], "size": 2, "snippet": "Notwithstanding any other provision of this Agreement:\n(a) No Indemnitor shall have any indemnification obligations under Section 7.01(a) (exclusive of a Shareholder Warranty Breach under Section 2.30), Section 7.01(c) or Section 7.02(a) (exclusive of a Buyer Warranty Breach under Section 3.04(e) that relates to the HSR Act or under Section 3.05 or Section 3.06) unless and until the claims asserted against the applicable Indemnitor exceed $[ ] in the aggregate (the \u201cThreshold Amount\u201d).87 If indemnification 85 On the theory that representations regarding the legal ownership of the securities being purchased and the title to any key assets are at the heart of the acquiror\u2019s benefit of the bargain in an acquisition, the parties often agree that these representations survive the closing indefinitely.", "hash": "522f1d7b19953ba0cea85849c3b40793", "id": 4}, {"samples": [{"hash": "Xf2caxetq5", "uri": "/contracts/Xf2caxetq5#indemnification-threshold-and-cap", "label": "Asset Purchase Agreement (Langer Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "notwithstanding-any-other-provision", "type": "clause", "offset": [4, 39]}, {"key": "indemnification-obligations", "type": "clause", "offset": [76, 103]}, {"key": "section-601a", "type": "clause", "offset": [110, 124]}, {"key": "seller-warranty-breach", "type": "definition", "offset": [142, 164]}, {"key": "of-seller", "type": "clause", "offset": [179, 188]}, {"key": "fundamental-warranties", "type": "definition", "offset": [191, 213]}, {"key": "buyer-warranty-breach", "type": "definition", "offset": [279, 300]}, {"key": "of-buyer", "type": "clause", "offset": [315, 323]}, {"key": "the-claims", "type": "clause", "offset": [396, 406]}, {"key": "in-the-aggregate", "type": "definition", "offset": [455, 471]}, {"key": "threshold-amount", "type": "clause", "offset": [478, 494]}, {"key": "indemnification-claims", "type": "clause", "offset": [549, 571]}, {"key": "in-the-case", "type": "clause", "offset": [746, 757]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [874, 908]}, {"key": "section-217", "type": "definition", "offset": [922, 934]}, {"key": "title-matters", "type": "clause", "offset": [936, 949]}, {"key": "the-purchase-price", "type": "clause", "offset": [964, 982]}], "size": 2, "snippet": "(a) Notwithstanding any other provision hereof, no Indemnitor will have any indemnification obligations under Section 6.01(a) (exclusive of a Seller Warranty Breach involving any of Seller's Fundamental Warranties or any claim involving fraud) or Section 6.02(a) (exclusive of a Buyer Warranty Breach involving any of Buyer's Fundamental Warranties or any claim involving fraud) unless and until the claims asserted against such Indemnitor exceed $47,500 in the aggregate (the \"Threshold Amount\"); thereafter, such Indemnitor will be liable for all indemnification claims properly asserted against it, except for those comprising the Threshold Amount.\n(b) Seller\u2019s indemnification obligations under Section 6.01(a) will be capped at $475,000 or, in the case of Seller Warranty Breaches involving any of Seller's Fundamental Warranties other than a Seller Warranty Breach of the representations and warranties set forth in Section 2.17 (Title Matters), one-half of the Purchase Price, or, in the case of either (i) a Seller Warranty Breach of the representations and warranties set forth in Section 2.17 (Title Matters) or (ii) a claim involving fraud, the Purchase Price.", "hash": "00b87c0aa022a11452675d5ba1b6190e", "id": 5}, {"samples": [{"hash": "hjHdtw7D1gT", "uri": "/contracts/hjHdtw7D1gT#indemnification-threshold-and-cap", "label": "Acquisition and Stock Exchange Agreement (Ubics Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-any-other-provision", "type": "clause", "offset": [4, 39]}, {"key": "the-other-hand", "type": "clause", "offset": [90, 104]}, {"key": "indemnification-obligations", "type": "clause", "offset": [121, 148]}, {"key": "this-article", "type": "definition", "offset": [155, 167]}, {"key": "the-claims", "type": "clause", "offset": [185, 195]}, {"key": "such-party", "type": "clause", "offset": [213, 223]}, {"key": "in-the-aggregate", "type": "definition", "offset": [240, 256]}, {"key": "threshold-amount", "type": "clause", "offset": [263, 279]}, {"key": "indemnification-claims", "type": "clause", "offset": [330, 352]}, {"key": "obligations-of", "type": "clause", "offset": [474, 488]}, {"key": "each-case", "type": "definition", "offset": [556, 565]}, {"key": "the-product", "type": "clause", "offset": [585, 596]}, {"key": "number-of-exchange-shares", "type": "clause", "offset": [614, 639]}, {"key": "closing-price", "type": "clause", "offset": [655, 668]}], "size": 1, "snippet": "(a) Notwithstanding any other provision hereof, neither UBICS, on one hand, nor Rekhi, on the other hand, shall have any indemnification obligations under this Article unless and until the claims asserted against such party exceed $175,000 in the aggregate (the \"THRESHOLD AMOUNT\"); thereafter, such party shall be liable for all indemnification claims properly asserted against it, including those comprising the Threshold Amount.\n(b) The maximum aggregate indemnification obligations of Rekhi under Section 7.02 and of UBICS under Section 7.03, shall in each case, not exceed 30% of the product of (i) the total number of Exchange Shares times (ii) the Closing Price.", "hash": "1687e5dcb2aaebd3ac067aa40ed80f51", "id": 6}, {"samples": [{"hash": "cWhdx6dmWPI", "uri": "/contracts/cWhdx6dmWPI#indemnification-threshold-and-cap", "label": "Asset Purchase Agreement (Caliper Life Sciences Inc)", "score": 21.5941143036, "published": true}], "snippet_links": [{"key": "indemnitee-party", "type": "definition", "offset": [62, 78]}, {"key": "breach-of-representation-or-warranty", "type": "clause", "offset": [110, 146]}, {"key": "in-this-agreement", "type": "definition", "offset": [211, 228]}, {"key": "written-notice", "type": "definition", "offset": [251, 265]}, {"key": "section-85", "type": "clause", "offset": [278, 289]}, {"key": "loss-or-losses", "type": "definition", "offset": [304, 318]}, {"key": "in-the-aggregate", "type": "definition", "offset": [355, 371]}, {"key": "threshold-amount", "type": "clause", "offset": [378, 394]}, {"key": "indemnitee-parties", "type": "definition", "offset": [439, 457]}, {"key": "indemnifying-party", "type": "definition", "offset": [465, 483]}, {"key": "amount-of-losses", "type": "clause", "offset": [559, 575]}, {"key": "as-adjusted", "type": "definition", "offset": [701, 712]}, {"key": "section-34", "type": "clause", "offset": [725, 736]}, {"key": "indemnification-cap", "type": "definition", "offset": [750, 769]}], "size": 1, "snippet": "Notwithstanding anything contained herein to the contrary, no Indemnitee Party may recover any Losses for any breach of representation or warranty, or the inaccuracy of any representation or warranty, contained in this Agreement: (i) unless and until written notice pursuant to Section 8.5 identifying a Loss or Losses in excess of [***] Dollars ($[***]) in the aggregate (the \u201cThreshold Amount\u201d) has or have been delivered by one or more Indemnitee Parties to the Indemnifying Party, in which case such Indemnitee Party shall only be entitled to recover the amount of Losses so identified in excess of the Threshold Amount, or (ii) in any event in excess of [***] Dollars ($[***]), in the aggregate, as adjusted pursuant to Section 3.4 hereof (the \u201cIndemnification Cap\u201d).", "hash": "69e2df5e754d39f4513f1fc029da10f8", "id": 7}, {"samples": [{"hash": "kAEcCss0vZN", "uri": "/contracts/kAEcCss0vZN#indemnification-threshold-and-cap", "label": "Stock Purchase Agreement (Copps Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [0, 40]}, {"key": "subject-to-section", "type": "clause", "offset": [53, 71]}, {"key": "buyer-indemnitees", "type": "definition", "offset": [102, 119]}, {"key": "this-agreement", "type": "clause", "offset": [151, 165]}, {"key": "by-the-shareholders", "type": "clause", "offset": [183, 202]}, {"key": "in-the-event", "type": "clause", "offset": [208, 220]}, {"key": "accumulated-amount", "type": "definition", "offset": [230, 248]}, {"key": "all-claims", "type": "clause", "offset": [252, 262]}, {"key": "for-purposes-hereof", "type": "definition", "offset": [326, 345]}, {"key": "settled-claims", "type": "definition", "offset": [348, 362]}, {"key": "in-the-aggregate", "type": "definition", "offset": [488, 504]}, {"key": "indemnification-threshold", "type": "clause", "offset": [511, 536]}, {"key": "maximum-amount", "type": "definition", "offset": [553, 567]}, {"key": "to-provide", "type": "clause", "offset": [625, 635]}, {"key": "indemnification-cap", "type": "definition", "offset": [733, 752]}, {"key": "aggregate-amount", "type": "definition", "offset": [776, 792]}, {"key": "the-indemnification", "type": "definition", "offset": [855, 874]}, {"key": "subject-to-the", "type": "definition", "offset": [1007, 1021]}, {"key": "other-limitations", "type": "clause", "offset": [1050, 1067]}, {"key": "article-x", "type": "definition", "offset": [1086, 1095]}], "size": 1, "snippet": "Notwithstanding anything to the contrary herein, but subject to Section 10.6(b):\n(i) any claim by the Buyer Indemnitees against the Shareholders under this Agreement shall be payable by the Shareholders only in the event that the accumulated amount of all claims that have been Definitively Resolved (as hereinafter defined) (for purposes hereof, \"Settled Claims\") against the Shareholders as a group shall exceed the amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) in the aggregate (the \"Indemnification Threshold\"); and\n(ii) the maximum amount for which the Shareholders as a group shall be obligated to provide indemnification hereunder shall not exceed Five Million and 00/100 Dollars ($5,000,000.00) (the \"Indemnification Cap\"). At such time as the aggregate amount of Settled Claims against the Shareholders as a group exceeds the Indemnification Threshold, the Shareholders shall thereafter be liable for the amount of all claims in excess of the Indemnification Threshold, but subject to the Indemnification Cap and the other limitations set forth in this Article X, and subject to Section 10.6(b).", "hash": "b8175cfaad1149b30e2c9ee09103edd3", "id": 8}, {"samples": [{"hash": "4nBMMohTppq", "uri": "/contracts/4nBMMohTppq#indemnification-threshold-and-cap", "label": "Asset Purchase and Sale Agreement (Serologicals Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "no-claim", "type": "definition", "offset": [0, 8]}, {"key": "pursuant-to", "type": "definition", "offset": [85, 96]}, {"key": "article-11", "type": "clause", "offset": [102, 112]}, {"key": "with-respect-to", "type": "clause", "offset": [113, 128]}, {"key": "the-buyer-shall", "type": "clause", "offset": [264, 279]}, {"key": "indemnification-of", "type": "clause", "offset": [295, 313]}, {"key": "special-losses", "type": "definition", "offset": [384, 398]}, {"key": "calendar-days", "type": "clause", "offset": [416, 429]}, {"key": "following-the-closing-date", "type": "clause", "offset": [430, 456]}, {"key": "indemnification-period", "type": "definition", "offset": [471, 493]}, {"key": "representations-or-warranties", "type": "clause", "offset": [532, 561]}, {"key": "the-basket", "type": "clause", "offset": [588, 598]}, {"key": "the-special", "type": "definition", "offset": [695, 706]}, {"key": "the-sellers", "type": "clause", "offset": [865, 876]}, {"key": "indemnification-obligations", "type": "clause", "offset": [877, 904]}], "size": 1, "snippet": "No claim may be made against Serologicals, Royalty or any Seller for indemnification pursuant to this Article 11 with respect to any individual Loss, unless the aggregate of all such Losses under this Article 11 shall exceed $600,000 (the \"Basket\"), in which case the Buyer shall be entitled to indemnification of its Losses in excess thereof; provided, however, that with respect to Special Losses in the first 100 calendar days following the Closing Date (the \"Special Indemnification Period\") solely arising from breaches of the representations or warranties in Sections 4.11 or 4.13, the Basket shall be $500,000 (the \"Special Basket\") and, provided, further that once Special Losses during the Special Indemnification Period solely arising from breaches of the representations or warranties in Sections 4.11 or 4.13 exceed the Special Basket, Serologicals and the Sellers indemnification obligations hereunder shall extend back to any Special Losses in excess of $250,000 arising solely from breaches of Sections 4.11 or 4.", "hash": "694dacfa68079d0bc5e3ae9d24bab258", "id": 9}, {"samples": [{"hash": "99AxnogUC50", "uri": "/contracts/99AxnogUC50#indemnification-threshold-and-cap", "label": "Stock Purchase Agreement (Caliper Life Sciences Inc)", "score": 21.5941143036, "published": true}], "snippet_links": [{"key": "indemnified-party", "type": "definition", "offset": [3, 20]}, {"key": "written-notice", "type": "definition", "offset": [65, 79]}, {"key": "pursuant-to-section", "type": "definition", "offset": [80, 99]}, {"key": "loss-or-losses", "type": "definition", "offset": [121, 135]}, {"key": "in-the-aggregate", "type": "definition", "offset": [172, 188]}, {"key": "threshold-amount", "type": "clause", "offset": [195, 211]}, {"key": "the-escrow-agent", "type": "definition", "offset": [244, 260]}, {"key": "indemnified-parties", "type": "definition", "offset": [276, 295]}, {"key": "general-indemnification-cap", "type": "definition", "offset": [443, 470]}, {"key": "losses-incurred", "type": "definition", "offset": [477, 492]}, {"key": "ip-indemnification-cap", "type": "definition", "offset": [553, 575]}, {"key": "ip-losses", "type": "definition", "offset": [698, 707]}, {"key": "provided-that", "type": "definition", "offset": [711, 724]}, {"key": "in-the-event", "type": "clause", "offset": [726, 738]}, {"key": "to-the-extent", "type": "clause", "offset": [743, 756]}, {"key": "the-balance", "type": "clause", "offset": [1241, 1252]}, {"key": "in-the-general", "type": "clause", "offset": [1263, 1277]}, {"key": "to-provide", "type": "clause", "offset": [1364, 1374]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1431, 1460]}, {"key": "the-indemnification", "type": "definition", "offset": [1533, 1552]}, {"key": "all-claims", "type": "clause", "offset": [1607, 1617]}, {"key": "payments-made", "type": "clause", "offset": [1621, 1634]}, {"key": "with-respect-to", "type": "clause", "offset": [1635, 1650]}, {"key": "pursuant-to-clauses", "type": "clause", "offset": [1675, 1694]}, {"key": "willful-breach", "type": "clause", "offset": [1752, 1766]}, {"key": "representation-or-warranty", "type": "clause", "offset": [1786, 1812]}, {"key": "special-representation", "type": "clause", "offset": [1867, 1889]}, {"key": "with-regard-to", "type": "clause", "offset": [1891, 1905]}, {"key": "the-action", "type": "clause", "offset": [1989, 1999]}, {"key": "responsible-for", "type": "clause", "offset": [2057, 2072]}, {"key": "expenses-and", "type": "clause", "offset": [2077, 2089]}, {"key": "in-connection", "type": "clause", "offset": [2106, 2119]}], "size": 1, "snippet": "No Indemnified Party may recover any Losses (i) unless and until written notice pursuant to Section 6.3(a) identifying a Loss or Losses in excess of [***] Dollars ($[***]) in the aggregate (the \u201cThreshold Amount\u201d) has or have been delivered to the Escrow Agent by one or more Indemnified Parties, in which case such Indemnified Party shall be entitled to recover all Losses so identified, or (ii) in excess of (A) [***] Dollars ($[***]) (the \u201cGeneral Indemnification Cap\u201d) for Losses incurred under Section 6.2(a)(i) or (B) [***] Dollars ($[***]) (the \u201cIP Indemnification Cap\u201d together with the General Indemnification Cap, the \u201cIndemnification Cap\u201d) for Losses incurred under Section 6.2(a)(iv) (\u201cIP Losses\u201d); provided that, in the event and to the extent that any Indemnified Party incurs IP Losses that exceed the IP Indemnification Cap, such IP Losses may be applied to the General Indemnification Cap if the General Indemnification Cap has not already been exhausted. By way of example only, assume hypothetically that there are Losses excluding IP Losses of $[***] and IP Losses of $[***]. In such case, the IP Losses would first be used against the IP Indemnification Cap, after which there would be $[***] in unreimbursed IP Losses. The balance of $[***] in the General Indemnification Cap after reimbursement of $[***] of non-IP losses would be available to provide reimbursement for the $[***] in unreimbursed IP Losses. Notwithstanding the foregoing, Taconic shall be entitled to recover for, and the Threshold Amount and the Indemnification Cap shall not apply as a threshold or cap to, any and all claims or payments made with respect to (A) all Losses incurred pursuant to clauses (ii) or (iii) of Section 6.2(a), (B) fraud or knowing or willful breach or inaccuracy of a representation or warranty contained herein or (C) any breach or inaccuracy of a Special Representation. With regard to the matter described in Section 6.2(a)(iii), Caliper shall continue the defense of the action described therein at its own expense and shall be solely responsible for any expenses and Losses incurred in connection therewith.", "hash": "ca0ce4b38f7df4371a40d391b7b65550", "id": 10}], "next_curs": "CmoSZGoVc35sYXdpbnNpZGVyY29udHJhY3RzckYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IippbmRlbW5pZmljYXRpb24tdGhyZXNob2xkLWFuZC1jYXAjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [], "title": "Indemnification Threshold and Cap", "parents": [["indemnification", "Indemnification"], ["survival-of-representations-and-warranties-indemnity", "Survival of Representations and Warranties Indemnity"], ["remedies-for-breach-of-agreement", "Remedies for Breach of Agreement"], ["representations-and-warranties-of-the-buyer68", "REPRESENTATIONS AND WARRANTIES OF THE BUYER68"], ["investment", "Investment"]], "size": 21, "id": "indemnification-threshold-and-cap", "related": [["indemnification-limitations", "Indemnification Limitations", "Indemnification Limitations"], ["indemnification-third-party-claims", "Indemnification; Third Party Claims", "Indemnification; Third Party Claims"], ["expenses-indemnity-damage-waiver", "Expenses Indemnity Damage Waiver", "Expenses Indemnity Damage Waiver"], ["indemnification-etc", "Indemnification Etc", "Indemnification Etc"], ["indemnification-exculpation", "Indemnification; Exculpation", "Indemnification; Exculpation"]], "related_snippets": [], "updated": "2026-04-26T05:39:20+00:00"}, "json": true, "cursor": ""}}