Common use of Threshold for Compass Clause in Contracts

Threshold for Compass. With respect to representations and --------------------- warranties, Compass shall not have any liability pursuant to Section 8.2(a) -------------- hereof unless and until and only to the extent that the aggregate amount of the Losses accrued pursuant to Section 8.2(a) exceeds the Threshold Amount; -------------- provided, however that this threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Sections 5.2 ------------ and 5.4.1 and Compass shall indemnify the Stockholder Indemnified Parties ----- from any Losses occurring thereunder in accordance with this Article VIII without regard to such threshold.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Compass International Services Corp), Stock Purchase Agreement (Compass International Services Corp)

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Threshold for Compass. With respect to representations and --------------------- warranties, Compass shall not have any liability pursuant to Section 8.2(a) -------------- hereof unless and until and only to the extent that the aggregate amount of the Losses accrued pursuant to Section 8.2(a) exceeds the Threshold Amount; -------------- provided, however that this threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Sections 5.2 ------------ and 5.4.1 and Compass shall indemnify the Stockholder Indemnified Parties ----- from any Losses occurring thereunder in accordance with this Article VIII ------------ without regard to such threshold.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Compass International Services Corp), Stock Purchase Agreement (Compass International Services Corp)

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Threshold for Compass. With respect to representations and --------------------- warranties, Compass shall not have any liability pursuant to Section 8.2(a) -------------- hereof unless and until and only to the extent that the aggregate amount of the Losses accrued pursuant to Section 8.2(a) exceeds the Threshold Amount; -------------- provided, however that this threshold shall not apply to Losses arising out of the breach of representations or warranties contained in Sections 5.2 ------------ and 5.4.1 and Compass shall indemnify the Stockholder ------------ ----- Indemnified Parties ----- from any Losses occurring thereunder in accordance with this Article VIII without regard to such threshold.. ------------

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass International Services Corp)

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