De Minimis Claim definition

De Minimis Claim has the meaning set forth in Section 7.4(a).

De Minimis Claim is defined in Section 8.3(a).

De Minimis Claim has the meaning set forth in Section 8.2(b)(i).

Examples of De Minimis Claim in a sentence

• Notwithstanding anything herein to the contrary, neither the De Minimis Claim limitation nor the Deductible shall apply to Losses to the extent such Losses arise from Fraud or a breach of any Company Fundamental Representation, and, for the avoidance of doubt, shall not apply in any claim for indemnification pursuant to Section 5.1(a)(ii), Section 5.1(a)(iii), Section 5.1(a)(iv), or Section 5.1(a)(v).

• If such amendment is not obtained prior to the Closing, APD shall indemnify Buyer from any Losses resulting therefrom in accordance with Article VIII without regard to the De Minimis Claim Threshold or the Basket.

• Notwithstanding anything to the contrary set forth herein, none of the Deductible, the Cap nor the De Minimis Claim Threshold shall apply to any claim involving Losses to the extent arising out of or relating to a breach of any Buyer Fundamental Representation.

• Such reports will set forth the name of the parties with whom the Debtors have settled a De Minimis Claim, the asserted claim amount (if applicable), the types of De Minimis Claims asserted by each settling party, and the terms and amounts for which such De Minimis Claims were settled.

• Any De Minimis Claim shall not count toward calculation of the Indemnification Deductible.

More Definitions of De Minimis Claim

De Minimis Claim shall have the meaning set forth in Section 8.4(b).

De Minimis Claim has the meaning set forth in Section 10.3(a).

De Minimis Claim shall have the meaning specified in Section 8.04(a).

De Minimis Claim means any Third Party Claim for which the Liability associated therewith is less than $25,000.

De Minimis Claim shall have the meaning set forth in Section 9.1.

De Minimis Claim has the meaning in Section 10.2(b)(i).

De Minimis Claim means any creditor that would receive a distribution of $25.00 or less. The Debtor estimates that Class 4 and 5 creditors with Allowed Claims of $834 or less, and 503(b)(9) claimants with Allowed claims in total that are less than $30.00 will be Class 6 Claimants.