Common use of Limitation on Recovery Clause in Contracts

Limitation on Recovery. 15.6.1 Except as provided in Section 15.7, the aggregate obligation of the Karrington Entities to indemnify the Kensington Entities under this Article shall be limited to One Hundred Fifty Thousand Dollars ($150,000.00) (the "Indemnity Cap"). 15.6.2 Except as provided in Section 15.7, the aggregate obligation of the Kensington Entities to indemnify the Karrington Entities under this Article shall be limited to the Indemnity Cap. 15.7

Appears in 2 contracts

Samples: Asset Purchase Agreement (Karrington Health Inc), Asset Purchase Agreement (Karrington Health Inc)

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Limitation on Recovery. 15.6.1 15.6.1. Except as provided in Section 15.7, the aggregate obligation of the Karrington Entities to indemnify the Kensington Entities under this Article shall be limited to One Hundred Fifty Thousand Dollars ($150,000.00) 150,000 (the "Indemnity Cap"). 15.6.2 15.6.2. Except as provided in Section 15.7, the aggregate obligation of the Kensington Entities to indemnify the Karrington Entities under this Article shall be limited to the Indemnity Cap. 15.7.

Appears in 1 contract

Samples: Registration Rights Agreement (Karrington Health Inc)

Limitation on Recovery. 15.6.1 14.6.1 Except as provided in Section 15.714.7, the aggregate obligation of the Karrington Entities to indemnify the Kensington Entities under this Article shall be limited to One Four Hundred Fifty Ninety Thousand Dollars ($150,000.00490,000.00) (the "Indemnity Cap"). 15.6.2 14.6.2 Except as provided in Section 15.714.7, the aggregate obligation of the Kensington Entities to indemnify the Karrington Entities under this Article shall be limited to the Indemnity Cap. 15.714.7

Appears in 1 contract

Samples: Asset Purchase Agreement (Karrington Health Inc)

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Limitation on Recovery. 15.6.1 14.6.1 Except as provided in Section 15.714.7, the aggregate obligation of the Karrington Entities to indemnify the Kensington Entities under this Article shall be limited to One Hundred Fifty Thousand Dollars ten percent ($150,000.0010%) of the purchase price payable under Section 2.4 (the "Indemnity Cap"). 15.6.2 14.6.2 Except as provided in Section 15.714.7, the aggregate obligation of the Kensington Entities to indemnify the Karrington Entities under this Article shall be limited to the Indemnity Cap. 15.714.7

Appears in 1 contract

Samples: Asset Purchase Agreement (Karrington Health Inc)

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