Minimum Indemnification Amount definition

Minimum Indemnification Amount. The amount, equal to the Rupee equivalent of one hundred thousand Dollars ($100,000), that a Party's claims for indemnification pursuant to Article XI must exceed in the aggregate before that Party will be entitled to indemnification.
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Minimum Indemnification Amount. The amount, equal to ten thousand Dollars ($10,000), that a Party's claims for indemnification pursuant to Article 11 must exceed in the aggregate during an Agreement Year before that Party will be entitled to indemnification.
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Minimum Indemnification Amount means the amount equal to US$200,000 (two hundred thousand United States Dollars);
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Examples of Minimum Indemnification Amount in a sentence

  • INDEMNIFICATION AMOUNT Each Party shall be solely liable, and shall not be entitled to assert any claim for indemnification under this Agreement, for any Loss that would otherwise be the subject of indemnification under this Agreement, until all Losses of such Party, in the aggregate, during the then-current Agreement Year, exceed the Minimum Indemnification Amount.


More Definitions of Minimum Indemnification Amount

Minimum Indemnification Amount. The amount equal to the Rupee equivalent of one hundred thousand Dollars ($100,000).
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Minimum Indemnification Amount is defined in Section 8.1(e)(i).
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Minimum Indemnification Amount means the amount equal to PKR [◙]24 that a Party’s claims for indemnification pursuant to Article 9 (Indemnities &Limitation of Liabilities) must exceed in the aggregate before that Party will be entitled to indemnification; Minimum Revenue Guarantee or MRG means the amount that Authority undertakes to provide according to the MRG Agreement for meeting the Excess Delta which will be shared equally between Authority and the Concessionaire;
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Minimum Indemnification Amount means the amount listed as such in Schedule 0.
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Minimum Indemnification Amount means the amount listed as such in Schedule 1. “Minimum Initial Tested Capacity” has the meaning given to that term in Schedule 1. “Minimum Tested Capacity” has the meaning given to that term in Schedule 1.
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Minimum Indemnification Amount means the amount, equal to [one hundred thousand US Dollars US$100,000) or its equivalent in Naira.
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Related to Minimum Indemnification Amount

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

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

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

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

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

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

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • 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.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Indemnity Escrow Amount means $5,000,000.