Common use of Threshold Amount Clause in Contracts

Threshold Amount. No liability of the Investor under Section 5.02 shall arise, and no Company Indemnitee will be entitled to indemnification from the Investor, unless and until the cumulative amount of such Company Liabilities allegedly due to it under Section 5.02 exceeds $250,000 (the “Threshold”).

Threshold Amount. No liability of the Investor Company under Section 5.02 5.01 shall arise, and no Company Investor Indemnitee will be entitled to indemnification from the InvestorCompany, unless and until the cumulative amount of such Company Indemnified Liabilities or Indemnified Securities Liabilities allegedly due to it under Section 5.02 5.01 exceeds $250,000 (the “Threshold”).