Liability Threshold definition

Liability Threshold shall have the meaning ascribed to it in Section 9.4(a).

Liability Threshold means an amount equal to 1% of the Purchase Price (without giving effect to the adjustment provisions set forth in Section 1.05 hereof).

Liability Threshold has the meaning set forth in Section 7.3(c).

Examples of Liability Threshold in a sentence

• Purchaser shall have no liability for indemnification under Section 6.2(b)(i) with respect to any Losses that would otherwise be payable under Section 6.2(b)(i) until the aggregate of all such Losses exceeds the Liability Threshold, and after the Liability Threshold has been exceeded, Purchaser shall be responsible for all such Losses in excess of the Liability Threshold.

• The maximum aggregate liability of Purchaser for indemnification under this Article VI for any of the matters set forth in Section 6.2(b)(i) shall not exceed the Indemnification Limit; provided, however, that that neither the Liability Threshold nor the Indemnification Limit shall apply with respect to any claim described in Sections 6.2(b)(ii) – 6.2(b)(iv).

• Seller shall have no liability for indemnification under Section 6.2(a)(i) with respect to any Losses that would otherwise be payable under Section 6.2(a)(i) until the aggregate of all such Losses exceeds $100,000 (the “Liability Threshold”), and then after the Liability Threshold has been exceeded Seller shall be responsible for all such Losses based thereon for all amounts in excess of the Liability Threshold.

• In addition, as to the provisions of Section 11.2(g), there shall be no Liability Threshold and Seller and Shareholder shall be liable for and from the first dollar of Loss.

• Notwithstanding anything in this Article IX to the contrary, no Damages with respect to Claims arising out of this Article IX shall be payable pursuant to this Article IX unless and until the aggregate amount of Damages asserted against the Indemnifying Party under this Article IX with respect to such Claims equals or exceeds an amount equal to $5,000,000.00 (the "Liability Threshold").

More Definitions of Liability Threshold

Liability Threshold has the meaning given such term in Section 11.6(a) of this Agreement.

Liability Threshold is defined in Section 5.4(b) hereof.

Liability Threshold has the meaning specified in Section 6.2.1 hereof.

Liability Threshold. As defined in Section 20(a).

Liability Threshold has the meaning set forth in Section 11.3(a). ---------------

Liability Threshold has the meaning specified in Section 8.2(h)(ii).

Liability Threshold shall have the meaning assigned to it in SECTION 5.02(a) hereof.