(Threshold Limit) Sample Clauses
A Threshold Limit clause sets a minimum amount or value that must be reached before certain contractual obligations, such as indemnification or liability, become enforceable. In practice, this means that a party is not responsible for losses or claims unless the total amount exceeds the specified threshold, for example, only covering damages above $10,000. This clause helps prevent minor or trivial claims from triggering contractual remedies, ensuring that only significant issues are addressed and reducing administrative burdens for both parties.
(Threshold Limit). The Seller is not liable to make any payment (whether by way of damages or otherwise) for any Breach or any other breach of this Agreement unless the amount finally determined against or agreed by the Seller in respect of any one breach or the aggregate amount of a series of breaches exceeds $100,000;
(Threshold Limit). The Purchaser is not liable to make any payment (whether by way of damages or otherwise) for any Purchaser Breach or any other breach of this Agreement unless the amount finally determined against or agreed by the Purchaser in respect of any one breach or the aggregate amount of a series of breaches exceeds $100,000;
(Threshold Limit). The Threshold limit is a cumulative daily transaction limit that can be set by Emtel MFS or any regulatory authority;
(Threshold Limit). (a) The Seller shall only be liable under this Article 8 to the extent that the amount of an individual Claim exceeds 7,500 euros, provided that Claims resulting for the same series of events shall be aggregated for the purpose of determining the individual threshold of this Article 8.3(a).
(b) The Seller shall only be liable under this Article 8 to the extent that the amount of all Claims (exceeding individually the above de minimis amount) exceeds 75,000 euros, in which case the Seller will be liable for the entire amount of the Claims.
(c) The Seller shall be required to indemnify the Company under this Article 8 up to a maximum aggregate amount of the Euro (EUR) equivalent of 2,295,000 US dollars, as converted applying the exchange rate referred to in Article 8.3(f) as at the Completion Date.
(Threshold Limit). A Seller Party is not liable to make any payment (whether by way of damages or otherwise) for any Claim under or pursuant to this Agreement:
(a) unless the amount of each Claim (or Loss to which a Claim relates) exceeds AU$100,000; and
(b) until the aggregate of the amount in 16.5(a) for those Claims (or Loss to which the Claims relate) exceeds AU$250,000, in which event, subject to clause 16.4 the Seller Party will be liable for the whole of that amount, not merely the excess.