Common use of Full Indemnification Clause in Contracts

Full Indemnification. Notwithstanding DANONE's right to obtain injunctive relief to enjoin or restrain any breach of this ARTICLE IV, in the event ▇▇▇▇▇▇▇▇▇▇'▇ violation of the non-competition provision triggers the payment of the indemnification provided in section 4.3. herein, and such amount becomes payable simultaneously with the Indemnification contemplated in the Offer, the Parties agree that the aggregate amount of monetary damages for both breaches shall amount to a maximum amount of US$ 50,000,000 (fifty million US Dollars) instead of US$ 100,000,000 (one hundred million US Dollars)."

Appears in 2 contracts

Sources: Shareholders Agreement, Shareholders' Agreement (Mastellone Brothers Inc)