Indemnification Threshold definition

Indemnification Threshold has the meaning set forth in Section 11.5.

Indemnification Threshold has the meaning set forth in Section 7.4(a).

Indemnification Threshold shall have the meaning set forth in Section 11.2(f).

Examples of Indemnification Threshold in a sentence

• Once the Indemnification Threshold has been exceeded for all Losses incurred or paid (without counting any Losses resulting from breaches of or inaccuracies in Fundamental Company Representations), the Indemnified Persons will be entitled to recover for all such Losses exceeding the Indemnification Threshold, subject to this Article 7.

• Nor shall such Indemnification Threshold or Maximum Amount apply to any Liability relating to any Excluded Asset or Excluded Liability.

• Nor shall such Indemnification Threshold or Maximum Amount apply to any Liability relating to any Purchased Asset, Assumed Liability, or any other Liability associated or arising out of or in connection with the ownership of such Purchased Assets or Assumed Liabilities or the operation of the Business (other than Excluded Assets and Excluded Liabilities).

• Notwithstanding the foregoing sentence, the Indemnified Persons will be entitled to recover for, and the Indemnification Threshold will not apply to, any Losses with respect to any breach of or 67 inaccuracy in any representation or warranty made in Section 2.2 (Capitalization), Section 2.3(a) (Authority) or Section 2.9 (Taxes) (the “Fundamental Company Representations”).

• In the event that the aggregate amount of Damages recoverable from an Indemnifying Party exceeds the Indemnification Threshold, such party shall be responsible for all such Damages, but only to the extent they exceed the Indemnification Threshold, and subject to the Indemnification Cap (as defined below).

More Definitions of Indemnification Threshold

Indemnification Threshold is defined in Section 9.2(b).

Indemnification Threshold as defined in Section 6.4 of this Agreement.

Indemnification Threshold shall have the meaning set forth in Section 6.3(a).

Indemnification Threshold means $1,125,000.

Indemnification Threshold means Fifty Thousand Dollars ($50,000).

Indemnification Threshold has the meaning set forth in Section 8(f)(ii).

Indemnification Threshold is an amount equal to two percent (2%) of the aggregate value of the consideration paid to the STOCKHOLDERS on the Closing Date pursuant to Section 2.2 of this Agreement plus the aggregate value of the consideration paid to the stockholders of NATI pursuant to Section 2.2 of the Agreement and Plan of Reorganization among URSI, NATI and the stockholders of NATI ("NATI Agreement") unless this Agreement is terminated prior to the Closing Date, in which event the Indemnification Threshold is an amount equal to two percent (2%) of the Minimum Value set forth in Annex I. All such amounts otherwise payable by one or more STOCKHOLDERS in excess of the amount so offset and reduced shall be paid without offset or reduction pursuant to this Section 11.5(i). This Section 11.5(i) shall not apply to amounts payable pursuant to Section 11.6. For purposes of determining the Indemnification Threshold, the URSI Stock shall be valued at the initial price of the URSI Stock sold to the public in the IPO.