Indemnity Threshold definition

Indemnity Threshold has the meaning set forth in Section 9.3.

Indemnity Threshold shall have the meaning set forth in Section 9.6(b).

Indemnity Threshold has the meaning given to it in Section 11.06(b).

Examples of Indemnity Threshold in a sentence

• Notwithstanding the foregoing, an Indemnified Party may make an indemnity claim solely with respect to the inaccuracy of any Fundamental Representation or any representation relating to Tax matters or the Cash Grant irrespective of whether the claim or claims are less than, equal to or greater than the respective Indemnity Threshold Amount.

• No Indemnified Person will be entitled to indemnification under Section 9.2 until such time as the aggregate of all claims for Losses that the Indemnified Person may have under Section 9.2 exceeds US$1,000,000 (the “Indemnity Threshold”), and that once the aggregate amount of such Losses exceeds the Indemnity Threshold, then the Indemnified Person will be entitled to recover the full amount of such Losses and not only the exceeding portion.

• Target Company is a non deposit accepting Non Banking Finance Company (“NBFC”) registered with RBI vide certificate number B-07.00061.

• The Purchaser will not be entitled to indemnification under Section 9.2 until such time as the aggregate of all claims for Losses that the Purchaser may have under Section 9.2 exceeds US$1,000,000 (the “Indemnity Threshold”), and that once the aggregate amount of such Losses exceeds the Indemnity Threshold, then the Purchaser will be entitled to recover the full amount of such Losses and not only the exceeding portion.

• For claims for indemnity with respect to which the Indemnity Threshold applies, such claim shall be deemed to have been made (subject to the application of the Indemnity Threshold, the Indemnity Deductible and the Indemnity Cap) upon the indemnified party’s providing an initial notice for a claim of indemnity to the indemnifying party.

More Definitions of Indemnity Threshold

Indemnity Threshold has the meaning set forth in Section 6.3(a)(i).

Indemnity Threshold has the meaning set forth in Section 7.2.

Indemnity Threshold has the meaning set forth in Section 9.5(f).

Indemnity Threshold is defined in Section 8.4(a).

Indemnity Threshold is defined in Section 10.4(a).

Indemnity Threshold has the meaning set forth in §6.3(e).

Indemnity Threshold means an amount equal to $2,750,000.