General Representation Cap definition
Examples of General Representation Cap in a sentence
In the case of any claim pursuant to Section 10.3(a) or Section 10.3(c) (other than a claim in connection with a Fundamental Representation) (a “Parent General Claim”), the aggregate liability of the Parent Indemnified Parties for all such claims shall be capped at the General Representation Cap.
Notwithstanding anything herein to the contrary, any Losses for which the Seller is obligated to indemnify the Purchaser Indemnified Parties under Section 9.3 and which are subject to the General Representation Cap, the Privacy Representations Cap or the Special Indemnity Cap, shall also be subject to the Fundamental and Tax Cap.
Notwithstanding anything to the contrary contained in this Agreement, the General Representation Cap shall not apply to Claims or Losses based upon, arising out of, with respect to or by reason of (i) a breach of or inaccuracy in any Company Fundamental Representation or (ii) any fraud.
The Basket and the General Representation Cap shall not apply to Claims or Losses under any Special Matters, or any Claims or Losses for Fraud.