Common use of Threshold Amount Clause in Contracts

Threshold Amount. No liability of the Company under Section 5.01 shall arise, and no Investor Indemnitee will be entitled to indemnification from the Company, unless and until the cumulative amount of such Indemnified Liabilities or Indemnified Securities Liabilities allegedly due to it under Section 5.01 exceeds $250,000 (the “Threshold”).

Threshold Amount. No liability of the Company Investor under Section 5.01 5.02 shall arise, and no Investor Company Indemnitee will be entitled to indemnification from the CompanyInvestor, unless and until the cumulative amount of such Indemnified Liabilities or Indemnified Securities Company Liabilities allegedly due to it under Section 5.01 5.02 exceeds $250,000 (the “Threshold”).