Examples of Indemnification Threshold in a sentence
Except with respect to the right to receive the merger consideration as set forth on Annex I, the Stockholders shall not assert any claim for indemnification hereunder against TCI or Newco until such time as, and solely to the extent that, the aggregate of all claims which the Stockholders may have against TCI or Newco shall exceed the Indemnification Threshold.
Even after the $50,000 threshold for IES or the Indemnification Threshold for a Stockholder has been met, all claims must be made in $10,000 increments, which claims may be cumulated in order to meet such $50,000 and $10,000 thresholds.
For purposes of calculating the value of the VPI Stock received or delivered by a STOCKHOLDER (for purposes of determining the Indemnification Threshold, the limitation on indemnity set forth in the second preceding sentence and the amount of any indemnity paid), VPI Stock shall be valued at its initial public offering price as set forth in the Registration Statement.
The Offer Document also envisages the creation of a dedicated function to support and manage the investments and strategy, to better monitor the operations and to facilitate the sharing of good practices between joint ventures.
Stockholders shall not assert any claim for indemnification hereunder against Home or Newco until such time as, and solely to the extent that, the aggregate of all claims which Stockholders may have against Home or Newco shall exceed the Indemnification Threshold.