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Common use of De Minimis Amount Clause in Contracts

De Minimis Amount. Notwithstanding the foregoing, no payment pursuant to this Section SECTION 3 shall be made unless the aggregate amount of payments required under this Section SECTION 3 exceeds $10,000.

Appears in 5 contracts

Sources: Agreement for Allocation and Settlement of Income Tax Liabilities, Agreement for Allocation and Settlement of Income Tax Liabilities (First Hawaiian, Inc.), Tax Sharing Agreement (First Hawaiian, Inc.)

Related Clauses

  • De Minimis Adjustments
  • De Minimis
  • Allocation of Excess Nonrecourse Liabilities
  • Excess Nonrecourse Liabilities
  • Chargeback of Partner Nonrecourse Debt Minimum Gain

Parent Clauses

  • Indemnification
  • Certain Other Limits on Indemnification
  • Expected Taxes Return Taxes Unexpected Taxes and Transfer Taxes
  • Limitations on Indemnification
  • Payment Options

Sub-Clauses

  • Provision of Corporate Records
  • Preservation of Corporate Records
  • Conflicts Waiver
  • Agreement for Waiver of Conflict and Shared Defense
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