Common use of Thresholds Clause in Contracts

Thresholds. The Contributors shall not be liable in respect of Damages under Section 9.2(a)(ii) or Section 9.2(a)(iv) (solely with respect to CCCI Indemnified Taxes) unless and until (A) the amount of each such Damages exceeds $25,000 or (B) the aggregate amount of all such Damages exceeds $1,655,000, in which case the Contributors shall be liable for the entire amount of the Damages.

Appears in 4 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)

Thresholds. The Contributors shall not be liable in respect of Damages under Section 9.2(a)(ii) or Section 9.2(a)(iv) (solely with respect to CCCI AI Research’s Contributor Indemnified Taxes) unless and until (A) the amount of each such Damages exceeds $25,000 or (B) the aggregate amount of all such Damages exceeds $1,655,000250,000, in which case the Contributors shall be liable for the entire amount of the DamagesDamages not to exceed the Cap.

Appears in 4 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)

Thresholds. The Contributors shall not be liable in respect of Damages under Section 9.2(a)(ii) or Section 9.2(a)(iv) (solely with respect to CCCI Vanguard’s Contributor Indemnified Taxes) unless and until (A) the amount of each such Damages exceeds $25,000 or (B) the aggregate amount of all such Damages exceeds $1,655,000120,000, in which case the Contributors shall be liable for the entire amount of the Damages.

Appears in 3 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)

Thresholds. The Contributors shall not be liable in respect of Damages under Section 9.2(a)(ii) or Section 9.2(a)(iv) (solely with respect to CCCI Bond Street’s Contributor Indemnified Taxes) unless and until (A) the amount of each such Damages exceeds $25,000 or (B) the aggregate amount of all such Damages exceeds $1,655,000120,000, in which case the Contributors shall be liable for the entire amount of the Damages.

Appears in 2 contracts

Sources: Contribution Agreement (AIAI Holdings Corp), Contribution Agreement (AIAI Holdings Corp)