Claim Threshold definition

Claim Threshold has the meaning set forth in Section 11.04(b).
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Claim Threshold has the meaning specified in Section 10.2(2)(b).
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Claim Threshold has the meaning set forth in Section 8.4.1. “Closing” has the meaning set forth in Section 2.4.
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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.

  • For the avoidance of doubt, (A) any Damages asserted against Seller hereunder that do not exceed the Indemnity Claim Threshold shall not be counted in determining the Deductible for Seller, and (B) the Buyer Indemnified Parties shall only be entitled to recover Damages from Seller in excess of the Deductible.

  • No indemnification payment obligation will arise under this Article VI unless and until the aggregate amount of Damages claimed by all Indemnified Parties under this Article VI exceeds $275,000 (the "Claim Threshold"); provided, however, that once the Claim Threshold is exceeded, all Damages of the Indemnified Parties, including the first $275,000 (in the aggregate) of Damages claimed by the Indemnified Partes, will be subject to the indemnity provisions of this Article VI.

  • Seller shall have no liability pursuant to Section 8.1.1 in connection with any individual or group of claims that results in Losses to the Purchaser Indemnified Parties that are subject to indemnification pursuant to Section 8.1.1 in the aggregate of less than Amount ([$XXX]), and such Losses below such amount shall not be applied towards the satisfaction of the Claim Threshold.


More Definitions of Claim Threshold

Claim Threshold has the meaning set forth in Section 8(b)(i).
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Claim Threshold means either the Individual Claim Threshold or the Aggregate Claim Threshold.
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Claim Threshold has the meaning set forth in Section 6.16(d).
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Claim Threshold has the meaning set forth in Section 9.4.
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Claim Threshold has the meaning given in Clause 8.7.2;
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Claim Threshold has the meaning assigned in Section 17.5.
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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.
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