Aggregate Threshold definition
Examples of Aggregate Threshold in a sentence
The Aggregate Threshold shall not apply to any other Indemnifiable Damages.
The Daily Threshold Number shall be multiplied by the number of days in the applicable period expiring prior to the Closing Date (the "Aggregate Threshold Number").
If the aggregate amount on a cumulative basis of all Recoverable Amounts exceeds the Aggregate Threshold, then the Indemnified Party shall be entitled to indemnification hereunder to the full extent of such Recoverable Amounts, including the Losses taken into account for the purpose of computing whether the Aggregate Threshold has been reached.
Notwithstanding anything herein to the contrary, adjustments to the Purchase Price prior to Closing for Title Defects shall only be made once the aggregate amount of all Title Defects exceed the Aggregate Threshold, in which event, Buyer shall be entitled to an adjustment to the Purchase Price for Title Defects of which Buyer provided notice to the Seller Representative in accordance with Section 3.04(a).
The Buyer shall be liable under Section 10.1(a) for all losses up to the Aggregate Threshold without any right to indemnification or damages from the Sellers for such amounts.