Limited Claims definition
Examples of Limited Claims in a sentence
Any Limited Claims that are not brought within the applicable time period shall be forever barred, without regard to any other limitations period set forth by law or statute.
Any occurrence which may give rise to a claim should be advised within 14 days to: International Passenger Protection Limited, Claims Office, Telephone: +▇▇ (▇)▇▇ ▇▇▇▇ ▇▇▇▇, Fax: +▇▇ (▇)▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇-▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ 0PR, UK.
The aggregate amount of Losses payable by the Sellers on the one hand, and the Buyer on the other hand, pursuant to this Section 9 with respect to all claims for indemnification, (including Purchase Price Limited Claims) shall not exceed the Purchase Price.
Specially Limited Claims are all claims that may be made pursuant to this Agreement, including this Section 11, except claims based on (a) breach of representations and warranties in Section 5.13, (b) breach of representations and warranties in Section 5.19 or Section 5.20 or (c) Section 11.6.
The aggregate amount payable by the Sellers as indemnifying parties in respect of any Purchase-Price Limited Claims shall not exceed an amount equal to the Cash Purchase Price, less amounts previously paid or to be paid by the Sellers as indemnifying parties pursuant to this Section 8.
In the event any Limited Claim or Limited Claims of an Indemnitee, singly or in the aggregate, exceed $130,000, then the indemnification provided for in this SECTION 9 shall apply only to the extent such Limited Claims exceed the $130,000 threshold provided for above.
The Administrator of this Agreement is TWG Services Limited, Claims Department, The Aspen Building, Floor ▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇.
If and to the extent such Holdback Escrow Amount is insufficient to cover the Limited Claims, the Buyer Indemnitees’ right to indemnification for the uncovered portion is extinguished.
If and to the extent that the Escrow Shares are insufficient to cover the Limited Claims, the Buyer Indemnitees’ right to indemnification for the uncovered portion thereof is extinguished.
The aggregate amount of Losses payable by the Sellers on the one hand, and the Buyer on the other hand, pursuant to this Section 12 with respect to all claims for indemnification, (including Purchase Price Limited Claims) shall not exceed the Purchase Price.