Common use of Minimum Losses Clause in Contracts

Minimum Losses. No Parent Indemnitee shall have any right to indemnification under Section 7.2 until aggregate Losses incurred by all Parent Indemnitees would exceed Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Indemnity Threshold”), after which there may only be recovered those Losses in excess of the Indemnity Threshold, subject to the conditions of this Article VII, including the limitations set forth in Section 7.5.

Minimum Losses. No Parent Indemnitee shall have any right to indemnification under Section SECTION 7.2 until aggregate Losses incurred by all Parent Indemnitees would exceed Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Indemnity Threshold”"INDEMNITY THRESHOLD"), after which there may only be recovered those Losses in excess of the Indemnity Threshold, subject to the conditions of this Article ARTICLE VII, including the limitations set forth in Section SECTION 7.5.