Maximum Indemnification Amount. The aggregate indemnification obligations of the Seller and the Stockholders under this Agreement shall be limited to no more than $10.0 million; provided, however, such limitation shall not apply to indemnification obligations resulting from breaches of representations, warranties or covenants under Sections 3.2 ("Corporate Power Authority; Due Authorization"), 3.3 ("Title to Assets"), from fraud by Seller or the Stockholders, or from the Environmental Matters set forth on Schedule 3.26.
Appears in 1 contract
Sources: Asset Purchase Agreement (Euramax International PLC)
Maximum Indemnification Amount. The aggregate indemnification obligations of the Seller and the Stockholders Shareholders under this Agreement shall be limited to no more than $10.0 million1,500,000 (the "Maximum Indemnification Amount"); provided, however, such limitation shall not apply to indemnification obligations resulting from breaches of representations, warranties or covenants under Sections 3.2 ("Corporate Power Authority; Due Authorization"3.1(a), 3.3 ("Title to Assets"3.1(b), 3.1(c), 3.1(g) or 3.1(l) or from fraud or willful misconduct by Seller or the Stockholders, or from the Environmental Matters set forth on Schedule 3.26Shareholders.
Appears in 1 contract
Sources: Merger Agreement (Villageedocs Inc)