Basket Limitation definition

Basket Limitation means an amount equal to Fifty Thousand and No/100 Dollars ($50,000.00 U.S.).
Basket Limitation means an amount equal to One Hundred Thousand Dollars ($100,000).
Basket Limitation means an amount equal to $25,000.00.

Examples of Basket Limitation in a sentence

  • Notwithstanding the foregoing, the Basket and the Basket Limitation Amount shall not apply to indemnification claims (A) in respect of breaches or inaccuracies of the Specified Representations or (B) under Sections 8.2(a)(ii) – 8.2(a)(xii) (other than with respect to an indemnity claim under paragraph 1 of Schedule 8.2(a)(xii)).

  • The parties acknowledge that if the Basket Limitation is exceeded, Seller shall only be liable for the claims in excess of the Basket Limitation up to the maximum amount for which Seller is required to indemnify Buyer hereunder.

  • While the claim is being processed, asylum seekers may be housed in closed refugee housing centers, or even detention centers or prisons.


More Definitions of Basket Limitation

Basket Limitation is defined in Section 12.5(b).
Basket Limitation means an amount equal to $100,000.00;
Basket Limitation means an amount equal to Fifteen Thousand and No/100 Dollars ($15,000.00 U.S.).
Basket Limitation means an amount equal to $50,000.00.
Basket Limitation means an amount equal to $150,000.
Basket Limitation means an amount equal to $250,000.00.
Basket Limitation shall have the meaning set forth in Section 7.3.