Maximum Amount of Indemnification. Notwithstanding anything contained in this Agreement to the contrary, but subject in all respects to Section 9.4(c), below, in no event shall the Seller’s aggregate obligation to provide indemnification for Losses under Section 9.1(a), above, exceed Ten percent (10%) of the Base Purchase Price, that is Three Million One Hundred Thousand Dollars ($3,100,000).
Maximum Amount of Indemnification. Subject to Section 10.4(e) below, in no event shall the Sellers’ obligation to provide indemnification for Losses under Section 10.1(a), above, exceed, in the aggregate, the Indemnification Limit.
Maximum Amount of Indemnification. Notwithstanding the foregoing, the maximum amount of Indemnifiable Losses that will be considered for the calculation of any indemnification payment to any Investor Indemnified Parties or the Initial Shareholders Indemnified Parties, pursuant to Section 8.13 below, as the case may be, by virtue of the obligations to indemnify contained in this Agreement shall be limited to, in the aggregate, one hundred fifty million Reais (R$ 150,000,000), annually adjusted by the IGP-M.
Maximum Amount of Indemnification. Other than for the Excluded --------------------------------- Claims, in no event shall the Sellers' aggregate liability with respect to all claims of indemnification under Paragraph 8.1 exceed the aggregate amount of Seven Million Three Hundred Thousand Dollars ($7,300,000).
Maximum Amount of Indemnification. (a) Except with respect to Claims (i) for breaches of the warranties or representations contained in Paragraph 4.1, or (ii) for breaches of the warranties or representations contained in Paragraph 4.2.21 or for Deemed Environmental Breaches (as to both of which the limits in Paragraph 9.5.2(b), shall apply), in no event shall: (A) the aggregate liability of all of the Sellers with respect to all Claims of indemnification by the Buyer exceed the aggregate amount of Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000.00), (the "Cap Amount"), and (B) the liability of any Seller with respect to all Claims of indemnification exceed the product of the Cap Amount and the percentage set forth opposite such Seller's name on Schedule 1 attached hereto.
Maximum Amount of Indemnification. (i) The aggregate amount of Losses in respect of all indemnification claims under Section 8.2(b)(i) for which the Buyer Indemnitees can recover from a Vendor shall not exceed such Vendor’s Adjusted Pro-Rata Portion of One Million One Hundred Thousand Canadian Dollars (CAD$1,100,000).
Maximum Amount of Indemnification. In no event shall the --------------------------------- aggregate liability of the Sellers with respect to all claims of indemnification under Paragraph 10.1, above, exceed the aggregate amount of [ ] (the "Cap Amount").
Maximum Amount of Indemnification. Except with respect to claims for breaches of representations or warranties which arise as a result of a Fraud Claim or those representations or warranties contained in Section 4.1, Section 4.2.4 (Litigation), Section 4.2.10 (Taxes) and Section 4.2.18 (Environmental Matters) for which there shall be no limit, in no event shall the aggregate liability of the Seller with respect to all claims of indemnification by the Buyer exceed the aggregate amount of Eight Million Dollars ($8,000,000), plus or minus any Purchase Price Increase or Purchase Price Decrease, as appropriate, pursuant to Section 1.4, and minus any amount of the ISP Payment not received by the Seller (the "Cap Amount").
Maximum Amount of Indemnification. Notwithstanding the amount of the claim for indemnification, in no event shall either Seller or Tick be obligated to indemnify Purchaser for any amount in excess of the then current fair market value of forty thousand (40,000) shares of Apparel Technologies, Inc. common shares, as traded on the NASDAQ Stock Exchange which shares shall be valued as of the date the claim is settled, or, if such shares are sold by Tick prior thereto, the value of the shares as of the date of sale. Seller and Tick's maximum liability for indemnification claims shall be an aggregate amount to apply to any and all claims made pursuant to this provision.
Maximum Amount of Indemnification. The maximum amount payable to Chesapeake by the Shareholders in the aggregate pursuant to this Section 9.2 shall be $500,000 and the maximum amount payable by each Shareholder shall be such Shareholder's proportionate ownership percentage of the outstanding Xeron Common Stock immediately prior to the Merger multiplied by $500,000. The maximum amount payable to the Shareholders, in the aggregate, by Chesapeake pursuant to this Section 9.2, shall be $500,000. Notwithstanding the foregoing provisions, the respective maximum amounts shall not be applicable to amounts owed arising out of the knowing, fraudulent or intentional breach of any provision of this Agreement by an Indemnifying Party. Furthermore, in no event shall Chesapeake be obligated to pay the Shareholders any indemnification if the market price of Chesapeake Common Stock for the last day of the preceding month end is $17 per share or above, as adjusted for stock splits, stock dividends and similar events.
