Claim Threshold definition

Claim Threshold has the meaning specified in Section 10.2(2)(b).

Claim Threshold has the meaning set out in Section 4.8(1);

Claim Threshold has the meaning set forth in Section 8(b)(i).

Examples of Claim Threshold in a sentence

• This is the award amount earned when claims in the year are greater than $0 and less than the Annual Claim Threshold.

• Except for the Basket and the Eligible Claim Threshold, there shall be no cap or limit on the dollar amount of any Losses for Indemnifiable Claims.

• The Per Claim Threshold and the Indemnification Deductible shall not apply with respect to any: (i) claims for indemnification for any breach of a Fundamental Representation; or (ii) claims with respect to Seller’s actual and intentional fraud with respect to any express provisions in this Agreement.

• Any such individual claims or group of related claims for amounts less than the Per Claim Threshold shall be ignored in determining whether the Indemnification Deductible has been exceeded.

• Any such individual claims or group of related claims for the amounts less than the Per Claim Threshold shall be ignored in determining whether the Indemnification Deductible has been exceeded.

More Definitions of Claim Threshold

Claim Threshold has the meaning set forth in Section 8.4.1. “Closing” has the meaning set forth in Section 2.4.

Claim Threshold means either the Individual Claim Threshold or the Aggregate Claim Threshold.

Claim Threshold has the meaning set forth in Section 6.16(d).

Claim Threshold has the meaning set forth in Section 12.6.4.1(i) hereof. “Commencement Date” has the meaning set forth in Section 2.3.1 hereof. “Commercially Reasonable Efforts” means efforts which are reasonably within the contemplation of the Parties at the time of executing this Agreement and which do not require the performing Party to expend any funds other than expenditures which are customary and reasonable in transactions of the kind and nature contemplated by this Agreement in order for the performing Party to satisfy its obligations hereunder.

Claim Threshold has the meaning given in Clause 8.7.2;

Claim Threshold has the meaning assigned in Section 17.5.

Claim Threshold means Fifteen Thousand Dollars ($15,000.00) based upon Seller’s aggregate revenue for the most recent six (6) month period (multiplied by .5%); “Previous Statement” shall mean the Initial Warranty Costs Statement or the immediately preceding Subsequent Warranty Costs Statement delivered by Buyer, as the case may be; and “Warranty Policies” shall mean the warranty policies of Seller in effect with respect to the relevant product as of the date hereof.