Indemnification Cap definition

Indemnification Cap has the meaning set forth in Section 7.2(b).

Indemnification Cap shall have the meaning set forth in Section 8.4(b).

Indemnification Cap has the meaning set forth in Section 13.3(d).

Examples of Indemnification Cap in a sentence

• In no event shall the aggregate indemnity obligations of theS&R Parties pursuant to Section 9.1 exceed an amount equal to the S&R Indemnification Cap; provided, that the foregoing limitation shall not apply to any claim for indemnification based on any representation or warranty made by an S&R Party in Section 3.8(b) (Contributed Assets).

• Buyer shall not be required to indemnify, defend, hold harmless, pay or reimburse the Seller Indemnitees under Section 9.3(a) (other than claims based upon, resulting from, arising out of or relating to Buyer Fundamental Warranties) from and after the aggregate amount of all Losses in respect of indemnification under Section 9.3(a) exceeds the Indemnification Cap; provided, that the cumulative indemnification obligations of Buyer under this Agreement will not exceed the Purchase Price.

• In no event shall the aggregate indemnity obligations of the USAC Indemnifying Parties pursuant to Section 9.2 exceed an amount equal to the USAC Indemnification Cap.

More Definitions of Indemnification Cap

Indemnification Cap has the meaning set forth in Section 8.04(a).

Indemnification Cap shall have the meaning given to such term in Section 7.5.

Indemnification Cap has the meaning set forth in Section 17(e).

Indemnification Cap means an amount equal to the sum of (i) $5,000,000 and (ii) the policy limits of the insurance coverage obtained by Acquiror in accordance with Section 5.13(c). Acquiror agrees that the Indemnification Cap limit set forth in this Section 5.13(b) shall not apply to any damages, liabilities, judgments and claims (and related expenses, including, without limitation, attorneys’ fees and amounts paid in settlement) insofar as they arise out of or are based upon the matters for which indemnification is provided in Section 5.21 hereof.

Indemnification Cap has the meaning ascribed to it in Section 9.4(a)(ii).

Indemnification Cap shall have the meaning specified in Section 9.5(a).

Indemnification Cap means two and one-half times (2.5x) the amount of the Purchase Price as of any date of determination.