Common use of Limitation on Indemnities Clause in Contracts

Limitation on Indemnities. No claim may be made against an indemnifying ------------------------- party for indemnification pursuant to either clause (ii) of Section 8.2 or Section 8.3 until the aggregate dollar amount of all Losses indemnifiable pursuant to such section exceeds $1,000,000. The aggregate amount of all Losses for which any indemnifying party shall be required to indemnify any indemnifying parties pursuant to this Article 8 (other than pursuant to clause (i) of Section 8.2) shall not exceed $45,000,000.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tc Group LLC), Securities Purchase Agreement (Tc Group LLC)

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Limitation on Indemnities. No claim may be made against an ------------------------- indemnifying ------------------------- party for indemnification pursuant to either clause (ii) of Section 8.2 9.2 or Section 8.3 9.3 until the aggregate dollar amount of all Losses indemnifiable pursuant to such section exceeds $1,000,0001,500,000. The aggregate amount indemnification obligations of all Losses for which any indemnifying party the Company pursuant to Section 9.2 and the indemnification obligations of the Purchasers pursuant to Section 9.3 shall be required effective only until the dollar amount paid in respect of the Losses indemnified against under such clause of this Agreement aggregates to indemnify any indemnifying parties pursuant an amount equal to this Article 8 (other than pursuant to clause (i) of Section 8.2) shall not exceed $45,000,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tc Group LLC)

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Limitation on Indemnities. No claim may be made against an indemnifying ------------------------- party for indemnification pursuant to either clause (ii) of Section 8.2 or Section 8.3 until the aggregate dollar amount of all Losses indemnifiable pursuant to such section exceeds $1,000,000. The aggregate amount of all Losses for which any indemnifying party shall be required to indemnify any indemnifying parties pursuant to this Article 8 (other than pursuant to clause (i) of Section 8.2) shall not exceed $45,000,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aviall Inc)

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