Common use of Limitations on Indemnification by the Sellers Clause in Contracts

Limitations on Indemnification by the Sellers. The Sellers will have no Liability with respect to the matters described in Section 8.1(b)(i) until the total of all Losses with respect to such matters exceeds $10,000 (the "Basket"), at which point the Sellers will be obligated to indemnify for only Losses exceeding the Basket, subject to the Indemnification Cap set forth in Section 8.1 above. The Basket limitation set forth in this Section 8.4 will not apply to any fraudulent or intentional breach of any representation or warranty.

Limitations on Indemnification by the Sellers. The Sellers will have no Liability with respect to the matters described in Section 8.1(b)(i) 8.1 until the total of all Losses with respect to such matters exceeds $10,000 50,000 (the "Basket"), at which point the Sellers will be obligated to indemnify for only Losses exceeding the Basket, subject to the Indemnification Cap set forth in Section 8.1 8.1(c) above. The Basket limitation set forth in this Section 8.4 will not apply to any fraudulent or intentional breach of any representation or warranty.

Limitations on Indemnification by the Sellers. The Sellers will have no Liability with respect to the matters described in Section 8.1(b)(i) until the total of all Losses with respect to such matters exceeds $10,000 (the "“Basket"”), at which point the Sellers will be obligated to indemnify for only Losses exceeding the Basket, subject to the Indemnification Cap set forth in Section 8.1 above. The Basket limitation set forth in this This Section 8.4 will not apply to any fraudulent or intentional breach of any representation or warranty.