Examples of Indemnification Limit in a sentence
The maximum aggregate liability of Purchaser for indemnification under this Article VI for any of the matters set forth in Section 6.2(b)(i) shall not exceed the Indemnification Limit; provided, however, that that neither the Liability Threshold nor the Indemnification Limit shall apply with respect to any claim described in Sections 6.2(b)(ii) – 6.2(b)(iv).
We indemnify up to the Indemnification Limit shown in your Policy Schedule for any one claim event for accidental damage to the Business Premises.
At such time as the aggregate amount of Losses which are subject to the Indemnification Limit exceed the Indemnification Limit and have been paid or settled (subject to being paid), the indemnifying party shall no longer have the right to control or defend any indemnification claims.
Shockwave, the Atom Shareholders and Atom each further acknowledge that resort to the Escrow Fund shall be the exclusive contractual remedy of Shockwave and the Shockwave Indemnified Persons for any Claim for Damages by Shockwave, and the Shockwave Indemnification Limit shall be the exclusive contractual remedy of Atom and the Atom Indemnified Persons for any Claim for Damages by the Representatives.
The maximum liability of Shockwave for Special Damages will be limited to 50% of the Shockwave Indemnification Limit.