Minimum Claim Amount definition

Minimum Claim Amount has the meaning set forth in Section 7.2(b)(iii).

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Minimum Claim Amount shall have the meaning ascribed to such term in Section 9.10(a).

Minimum Claim Amount has the meaning specified in Section 10.4(b)(ii).

Examples of Minimum Claim Amount in a sentence

Notwithstanding the foregoing, neither the Transferor Basket nor the Minimum Claim Amount shall be applicable to any breach of a Fundamental Representation or a claim for fraud or intentional misrepresentation.
Promptly following the final determination of the amount of any Damages claimed by the Indemnified Party, the Indemnifying Party, subject to the limitations of the Minimum Claim Amount, Threshold Amount and the Cap Amount, shall pay such Damages to the Indemnified Party by wire transfer or check made payable to the order of the Indemnified Party.
Damages relating to any single breach or series of related breaches of ETP’s representations and warranties shall not constitute Damages, and therefore shall not be applied towards the Threshold Amount or be indemnifiable hereunder, unless such Damages relating to any single breach or series of related breaches exceeds the Minimum Claim Amount.
For purposes of illustration and not limitation, in determining whether the Minimum Claim Amount has been met, an individual Loss occurring or arising out of a fact pattern shall be aggregated with all other individual Losses arising out of identical or substantially similar fact patterns.
The Purchaser will be obligated only to indemnify and hold harmless Seller Indemnitees under Sections 13.5(a) (except for those based upon, arising out of or otherwise in respect of Section 5.1 or 5.2) (a) for Losses in excess of the Minimum Claim Amount and (b) up to an aggregate amount equal to the Maximum Amount.

More Definitions of Minimum Claim Amount

Minimum Claim Amount has the meaning given to such term in Section 5.3(b);

Minimum Claim Amount as defined in Section 9.2. “Negotiation Period” as defined in Section 6.14. “Offset Amount” as defined in Section 2.7.1. “Offset Dispute” as defined in Section 2.7.1. “Organizational Documents” as defined in Section 3.1. “Outbound Technology Agreements” as defined in Section 3.9.6. “Payment Due Date” as defined in Section 2.7.1. “Post-Closing Consideration” as defined in Section 2.7.1. “Prepaid Expenses” as defined in Section 2.1.8. “Purchased Assets” as defined in Section 2.1. “Purchase Price Allocation Schedule” as defined in Section 2.6. “Permits” as defined in Section 2.1.5. “Restrictive Covenants” as defined in Section 6.10.2. “Retained Claims” as defined in Section 2.4.4. “Second Milestone Date” as defined in Section 2.7.2. “Second Option Period” as defined in Section 2.7.2. “Second Sale Notice” as defined in Section 2.7.2. “Seller” as defined in the preamble to this Agreement. “Seller Fundamental Representations” as defined in Section 9.1. “Seller Indemnified Parties” as defined in Section 9.3. “Seller Inventory Trademarks” as defined in Section 6.13. “Soothe® Terms” as defined in Section 6.14. “Third Party Negotiation Period” as defined in Section 6.14. “Third Party Sale” as defined in Section 6.14. “Trademarks” as defined in Section 3.10.2. “Transfer Taxes” as defined in Section 6.5.

Minimum Claim Amount shall have the meaning set forth in Section 9.4(a)(i).

Minimum Claim Amount has the meaning given to it in Clause ‎13.2.1;

Minimum Claim Amount shall have the meaning set forth in Section 7.01(d).

Minimum Claim Amount means ten thousand dollars ($10,000).

Minimum Claim Amount has the meaning ascribed to such term in Section 8.6(a). “New General Partner Units” has the meaning ascribed to such term in Section 2.2.