Claim Threshold. Notwithstanding anything to the contrary contained in this Agreement, (a) Seller shall not have liability for its indemnification obligations under Section 8.1.1 or Section 8.1.2 until the aggregate amount of all Losses incurred by the Purchaser Indemnified Parties that are subject to indemnification pursuant to Section 8.1.1 or Section 8.1.2 equals or exceeds [Amount] ([$XXX]) (the “Claim Threshold”), in which event Seller shall become liable for the aggregate Losses under Section 8.1.1
Appears in 3 contracts
Sources: Build Transfer Agreement, Transfer Agreement, Build Transfer Agreement