Indemnity Claim Threshold definition

Indemnity Claim Threshold has the meaning provided such term in Section 10.4(a).
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Indemnity Claim Threshold means $10,000.
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Indemnity Claim Threshold has the meaning provided such term in Section 8.2.
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Examples of Indemnity Claim Threshold in a sentence

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  • Notwithstanding the foregoing, a Party may not make any claim for indemnification under Sections 9.2 or 9.3, as applicable, for any claim that, individually, does not exceed the Indemnity Claim Threshold; provided, however, that the foregoing shall not apply to any claims for Damages arising from any breach of any Fundamental Representation.

  • Once the Aggregate Indemnity Claim Threshold is met, Parent Indemnities shall be entitled to recover for all Indemnified Losses in excess of the Aggregate Indemnity Claim Threshold pursuant to Section 10.03(a) above.

Related to Indemnity Claim Threshold

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Indemnification Claim has the meaning set forth in Section 10.3.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VII.

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Indemnified Matter has the meaning specified in Section 11.4 (Indemnities).

  • Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Third Party Claim has the meaning set forth in Section 7.05(a).

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.