Aggregate Deductible Amount definition

Aggregate Deductible Amount means, with respect to Aggregate Transaction Claims made by Buyer or its Affiliates hereunder, five percent (5%) of the Purchase Price. References in this Agreement to “deductible” or “deductible amount” mean the Aggregate Deductible Amount.
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Aggregate Deductible Amount means an amount equal to two percent (2.0%) of the Transaction Value.
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Aggregate Deductible Amount means with respect to Qualified Title Defects their Qualified Title Defect Values and Qualified Environmental Defects and their Qualified Environmental Defect Values, an amount equal to three percent (3%) of the Purchase Price.
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Examples of Aggregate Deductible Amount in a sentence

  • For the avoidance of doubt, and notwithstanding anything in this Agreement to the contrary, the Title Threshold Amount and the Aggregate Deductible Amount will in no way limit any claim by Buyer pursuant to this Section 7.40.

  • The Aggregate Deductible Amount shall be restored to the extent that any portion thereof is applied as a credit against a Title Defect Amount attributable to a Title Defect which is subsequently cured by Seller or determined not to constitute a Title Defect.

  • The apportionment of any such increase or reduction shall take into account an apportionment of the Aggregate Deductible Amount as applied to such claims, which in each case shall be allocated to the Parties based on the relative dollar value of the aggregate amount of Interest Additions, Title Defects or Environmental Defects, as applicable, to the extent affecting the ARP Assets, on the one hand, and affecting the AGP Assets, on the other hand.

  • The apportionment of any such increase or reduction shall take into account an apportionment of the Aggregate Deductible Amount as applied to such claims, which in each case shall be allocated to ARP Purchaser and AGP Purchaser based on the relative dollar value of the aggregate amount of Interest Additions, Title Defects or Environmental Defects, as applicable, to the extent affecting the ARP Assets, on the one hand, and affecting the AGP Assets, on the other hand.

  • As Buyer’s sole and exclusive remedy with respect to Title Defects, Buyers shall be entitled to reduce the Purchase Price by the amount, if any, by which the aggregate amount of Title Defect Amounts which otherwise generate an adjustment to the Purchase Price exceed the Aggregate Deductible Amount.


More Definitions of Aggregate Deductible Amount

Aggregate Deductible Amount means an amount equal to two and one-half percent (2.5%) of the Base Purchase Price.
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Aggregate Deductible Amount means Seven Million Dollars ($7,000,000) increased by an amount determined pursuant to Section 6.4.
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Related to Aggregate Deductible Amount

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.