Common use of Monetary Limitations Clause in Contracts

Monetary Limitations. Subject to the last sentence of this Section 8.7, Seller shall not be required to indemnify the Buyer Group, and shall not have any Liability under Section 8.2, until the aggregate amount of all Losses under Section 8.2 exceeds 1% of the Purchase Price (the “Minimum Loss”), and then to the extent of all aggregate Losses, including Losses up to the Minimum Loss. Subject to the following sentence, the aggregate amount of Seller’s liability for Losses under Section 8.2 shall be limited in each case to an amount equal to 20% of the Purchase Price. The limitations set forth in this Section 8.7 will not apply to any claims for indemnification in connection with, arising out of, or which would not have occurred but for:

Monetary Limitations. Subject to the last sentence of this Section 8.7, Seller shall not be required to indemnify the Buyer GroupIndemnitees, and shall not have any Liability under Section 8.28.2(a), until the aggregate amount of all Losses under Section 8.2 8.2(a) exceeds 1% of the Purchase Price $200,000 (the “Minimum Loss”), and then only to the extent of all such aggregate Losses, including Losses up to exceed the Minimum Loss. Subject to the following sentence, the aggregate amount of each of Seller’s liability for Losses under Section 8.2 8.2(a) and Buyer’s and Parent’s aggregate liability for Losses under Section 8.2(b) shall be limited in each case to an amount equal to 2040% of the Purchase Price. The limitations set forth in this Section 8.7 will not apply to any claims Claims for indemnification in connection with, arising out of, or which would not have occurred but for:

Monetary Limitations. Subject to the last sentence of this Section 8.7, Seller shall not be required to indemnify the Buyer Group, and shall not have any Liability under Section 8.2, until the aggregate amount of all Losses under Section 8.2 exceeds 1% of the Purchase Price $250,000 (the “Minimum Loss”), and then only to the extent of all such aggregate Losses, including Losses up to exceed the Minimum Loss. Subject to the following sentence, the aggregate amount of Seller’s liability for Losses under Section 8.2 8.2(a) and Buyer’s aggregate liability for Losses under Section 8.3(a) shall be limited in each case to an amount equal to 20% of Ten Million Dollars ($10,000,000) (the Purchase Price“Indemnity Cap”). The limitations set forth in this Section 8.7 will not apply to any claims for indemnification in connection with, arising out of, or which would not have occurred but for:

Monetary Limitations. Subject to the last sentence of this Section 8.7, Seller shall not be required to indemnify the Buyer GroupIndemnitees, and shall not have any Liability under Section 8.28.2(a), until the aggregate amount of all Losses under Section 8.2 8.2(a) exceeds 1% of the Purchase Price $200,000 (the “Minimum Loss”"MINIMUM LOSS"), and then only to the extent of all such aggregate Losses, including Losses up to exceed the Minimum Loss. Subject to the following sentence, the aggregate amount of each of Seller’s 's liability for Losses under Section 8.2 8.2(a) and Buyer's and Parent's aggregate liability for Losses under Section 8.2(b) shall be limited in each case to an amount equal to 2040% of the Purchase Price. The limitations set forth in this Section 8.7 will not apply to any claims Claims for indemnification in connection with, arising out of, or which would not have occurred but for: