Claim Cap definition

Claim Cap has the meaning ascribed to such term in Section 9(f) hereof.
Claim Cap shall have the meaning set forth in Section 10.4.
Claim Cap means one percent (1%) of the Purchase Price.

Examples of Claim Cap in a sentence

  • For the avoidance of doubt, and notwithstanding anything herein to the contrary, nothing in this Agreement (including, without limitation, any Claim Cap, basket, survival limitation, release or waiver) shall limit, modify or otherwise affect either party’s rights or obligations under the Leaseback Lease, which shall constitute independent, standalone obligations.


More Definitions of Claim Cap

Claim Cap has the meaning ascribed to such term in Section 15(c) hereof.
Claim Cap has the meaning set forth in Section 7.2(d)(i).
Claim Cap has the meaning ascribed to such term in Section 9(d) hereof. (i) “Code” has the meaning ascribed to such term in Section 11(m) hereof. (j) “ERISA” has the meaning ascribed to such term in Section 11(m) hereof. (k) “Environmental Laws” has the meaning ascribed to such term in Section 11(k) hereof. (l) “Exchange Act” means the Securities and Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. (m) “Executive Order” has the meaning ascribed to such term in Section 11(n) hereof. (n) “FIRPTA” has the meaning ascribed to such term in Section 11(i) hereof. (o) “Guarantor” shall mean ▇▇▇▇▇▇▇▇▇▇▇, Inc., an Indiana corporation. (p) “Hazardous Substances” shall mean any hazardous or toxic materials, substances or wastes, such as (a) substances defined as “hazardous substances”, “hazardous materials” or “toxic substances” in the Comprehensive Environmental Response, Compensation and Liability Act of 1980, (42 USC Section 9601, et seq.) and/or the Hazardous Materials Transportation Act (49 USC Section 1801, et seq.), as either of such acts are amended from time to time; (b) any materials, substances or wastes which are toxic, ignitable, corrosive or reactive and which are regulated by any local governmental authority, any agency of the state in which the Property is located, or any agency of the United States of America; (c) asbestos, petroleum and petroleum based products, urea formaldehyde foam insulation, polychlorinated biphenyls (PCBs), and freon and other chlorofluorocarbons; and (d) those substances defined as any of the foregoing in the regulations adopted and publications promulgated pursuant to each of the aforesaid laws. (q) “Improvements” shall mean all structures, improvements and fixtures owned by Seller located on the Land, including the Buildings. (r) “Intangible Property” shall mean Seller’s interest in all transferable licenses, permits, entitlements, development rights, approvals, certificates of occupancy, utility agreements, architectural and engineering plans and specifications, site plans, surveys and schematics, and all warranties and guaranties used exclusively in connection with the operation of the Properties, if any, but excluding the name of Seller and any derivation thereof and all intellectual property rights.
Claim Cap has the meaning given to it in paragraph 1.3 of Schedule 7 (Limitation of Liability);
Claim Cap has the meaning ascribed to such term in Section 8(e) hereof. ​
Claim Cap means that no Individual Claim Amount, regardless of the value of a Claim determined by the Point Formula, shall exceed the sum of $1,500.00.
Claim Cap means EUR 1,717,500;