De Minimis Losses definition

De Minimis Losses has the meaning set forth in Section 8.04(b).
De Minimis Losses shall have the meaning set forth in Section 9.4(a)(iii).
De Minimis Losses has the meaning set forth in Section8.2(d)(i).

Examples of De Minimis Losses in a sentence

  • No Indemnifying Party will have any liability under Section 14.1 until the Buyer Indemnitees or Seller Indemnitees (as applicable) have suffered Losses in excess of an aggregate amount equal to $750,000 (the “Deductible”) arising from Losses under Section 14.1, including De Minimis Losses, and then the recoverable Losses under Section 14.1 shall be limited to those that in the aggregate exceed such Deductible.

  • Any De Minimis Losses will be expressly excluded from counting towards the Deductible.


More Definitions of De Minimis Losses

De Minimis Losses has the meaning set forth in Section 11.5(b).
De Minimis Losses means any Losses arising out of any particular claim or Action or resulting from the same facts, events, circumstances or root cause(s) that are equal to or less than $50,000.
De Minimis Losses has the meaning ascribed thereto in Section 7.3.3;
De Minimis Losses has the meaning set forth in Section 6.5(a). (kk) “D&O Indemnified Party” has the meaning set forth in Section 5.4(a). (ll) “Direct Services” shall mean information technology services, finance and accounting services, human resources services and logistics services, which includes import, traffic, warehouse administration and customs administration services. (mm) “Disclosure Schedule” has the meaning set forth in Article 3. (nn) “Dispute” has the meaning set forth in Section 8.5. (oo) “Early Payment Date” has the meaning set forth in Section 5.9. (pp) “Earnings” has the meaning set forth in Section 2.7(c). (qq) “Earn-Out” has the meaning set forth in Section 2.2(d). (rr) “Earn-Out Payment” has the meaning set forth in Section 2.2(d). (ss) “Earn-Out Period” has the meaning set forth in Section 2.2(d). (tt) “Earn-Out Year” shall mean the First Earn-Out Year or the Second Earn-Out Year, as applicable.
De Minimis Losses means Partial Losses that would not reasonably be expected to cost more than two per cent (2%) of the Sale Price in the aggregate to repair, replace or rectify.
De Minimis Losses means, with respect to a Vessel, Partial Losses which would not reasonably be expected to cost more than one percent (1%) of the agreed value for such Vessel set forth in Section 9.2(d) in the aggregate to repair, replace or rectify.
De Minimis Losses has the meaning set forth in Section 8.3(a). -----------------