Common use of Minimum Claim Clause in Contracts

Minimum Claim. Anything in this Article 8 to the contrary notwithstanding, the TPEG Indemnified Parties, as a group, shall not have any claims for indemnification against the GJE Parties, and the GJE Indemnified Parties, as a group, shall not have any claims for indemnification against TPEG unless the amount of such individual claims for Losses, or the amount of such claim when added to all other claims for Losses for which such party could have sought indemnification hereunder and under the Other Merger Agreements but for the provisions of this Section 8.9, exceeds, in the aggregate, Forty Thousand ($40,000) Dollars (the "Indemnification Minimum Amount"); provided, however, that in determining amounts to be included in the Indemnification Minimum Amount, if any, but for no other purpose, all representations, warranties and covenants in this Agreement, made by the GJE Parties or by TPEG, as the case may be, shall be read without regard to any materiality standard or any knowledge qualification set forth in this Agreement.

Minimum Claim. Anything in this Article 8 to the contrary notwithstanding, the TPEG Indemnified Parties, as a group, shall not have any claims for indemnification against the GJE GJP Parties, and the GJE GJP Indemnified Parties, as a group, shall not have any claims for indemnification against TPEG unless the amount of such individual claims for Losses, or the amount of such claim when added to all other claims for Losses for which such party could have sought indemnification hereunder and under the Other Merger Agreements but for the provisions of this Section 8.9, exceeds, in the aggregate, Forty Thirty Thousand ($40,00030,000) Dollars (the "Indemnification Minimum Amount"); provided, however, that in determining amounts to be included in the Indemnification Minimum Amount, if any, but for no other purpose, all representations, warranties and covenants in this Agreement, made by the GJE GJP Parties or by TPEG, as the case may be, shall be read without regard to any materiality standard or any knowledge qualification set forth in this Agreement.

Minimum Claim. Anything in this Article 8 to the contrary notwithstanding, the TPEG Indemnified Parties, as a group, shall not have any claims for indemnification against the GJE GJM Parties, and the GJE GJM Indemnified Parties, as a group, shall not have any claims for indemnification against TPEG unless the amount of such individual claims for Losses, or the amount of such claim when added to all other claims for Losses for which such party could have sought indemnification hereunder and under the Other Merger Agreements but for the provisions of this Section 8.9, exceeds, in the aggregate, Forty Ten Thousand ($40,00010,000) Dollars (the "Indemnification Minimum Amount"); provided, however, that in determining amounts to be included in the Indemnification Minimum Amount, if any, but for no 55 57 other purpose, all representations, warranties and covenants in this Agreement, made by the GJE GJM Parties or by TPEG, as the case may be, shall be read without regard to any materiality standard or any knowledge qualification set forth in this Agreement.