Maximum Indemnification Amount definition

Maximum Indemnification Amount has the meaning set forth in Section 7.4(b).

Maximum Indemnification Amount means fifteen percent (15%) of the Base Purchase Price.

Maximum Indemnification Amount means Four Million and Five Hundred Thousand Dollars ($4,500,000).

Examples of Maximum Indemnification Amount in a sentence

• Subject to the provisions of section 3.1 above, the Indemnification Undertaking in respect to each of the Indemnifiable Events shall be limited, in relation to each Office Holder in the Company separately and for each event separately, in the amount of the liability or expense which is indemnifiable as aforesaid, but not more than the Maximum Indemnification Amount in relation to each of the Indemnifiable Events.

• The Maximum Indemnification Amount shall not be affected in any way by the existence of, or payment under, insurance policies.

• It is hereby expressly agreed and understood that this Indemnification Letter does not derogate in any way from any indemnification undertaking the Company has made to you; provided however, that the aggregate indemnification amount pursuant to all the Indemnification Letters issued or that shall be issued by the Company will not exceed the Maximum Indemnification Amount.

• Certificates representing Parent Common Stock, with a value (based upon the Viad Price at the Effective Time) equal to sum of the Maximum Indemnification Amount and the Software Fee, which would have otherwise been issued to Dachis in accordance with the procedures of Section 3.1, shall be held in escrow by the Escrow Agent, with the other Escrowed Consideration pursuant to the terms of the Escrow Agreement.

• Contractor shall direct its Subcontractors to bear and pay all taxes connected with the Services assessed or imposed upon such Subcontractor (including without limiting the foregoing taxes connected with personnel) and that such Subcontractor shall fulfill all administrative and registration requirements, maintain proper accounting records, and properly file all necessary documents.

More Definitions of Maximum Indemnification Amount

Maximum Indemnification Amount has the meaning, with respect to each group of Acquired Companies, set forth in the Acquired Companies Annex applicable to such Acquired Companies.

Maximum Indemnification Amount shall have the meaning set forth in Section 11.5(b) of this Agreement.

Maximum Indemnification Amount shall have the meaning specified in Section 9.8(a)(ii).

Maximum Indemnification Amount shall be an amount equal the sum of (i) $25,000,000 plus (ii) the lesser of (a) the aggregate amount paid by the Optionors pursuant to Section 11.2(e) based upon the Specified Regulatory Matters and (b) $9,000,000. The parties hereto agree that under no circumstances shall the Maximum Indemnification Amount exceed $34,000,000.

Maximum Indemnification Amount means fifteen percent (15%) of the Closing Purchase Price.

Maximum Indemnification Amount means ten million dollars ($10,000,000.00).

Maximum Indemnification Amount as defined in Section 11.4(a).