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Deductible
Deductible contract clause examples

Deductible. Sellers shall not be liable to Buyer Indemnified Persons for indemnification under [Section 9.1(a)(i)] unless and until Buyer Indemnified Persons have suffered or incurred Damages in excess of Seventy-Five Thousand Dollars ($75,000.00) (the “Deductible”), at which point Buyer Indemnified Persons shall be entitled to recover the amount of all Damages in excess of the Deductible; provided, however, with respect to any claim as to which Buyer Indemnified Persons may be entitled to indemnification under [Section 9.1(a)(i)], Sellers shall not be liable for any individual Damage which does not exceed Five Thousand Dollars ($5,000) (“Mini-Basket”) (which Damages shall not be counted towards the Deductible or Cap to the extent less than the Mini-Basket); provided, further, that Mini-Basket and the Deductible shall not apply to any claim or Action based on # breach of or inaccuracy in any Fundamental Representation or # any claim or Action based on any unpaid Transaction Expenses, any Fraud, intentional misrepresentation or willful or criminal misconduct (each of (A) and (B), a “Fundamental Damage”).

Tax Deductible Voluntary Contributions. The Plan Administrator will not accept Tax Deductible Voluntary Contributions made for years after 1986. Such contributions made for years prior to that date will be maintained in a separate account which will be nonforfeitable at all times, and which shall include gains and losses in accordance with [Section 8.02].

Tax Deductible Voluntary Contributions. The Plan Administrator will not accept Tax Deductible Voluntary Contributions made for years after 1986. Such contributions made for years prior to that date will be maintained in a separate account which will be nonforfeitable at all times, and which shall include gains and losses in accordance with [Section 8.02].

De Minimis Amount; Deductible Amount. The Seller shall only be liable for Losses resulting from any individual Breach, excluding, for the avoidance of doubt, Tax Claims, if and to the extent that such Losses, excluding Tax Claims, exceed an amount of EUR 25,000 (in words: Euro twenty-five thousand) (the “De Minimis Amount”) and the aggregate amount of all Losses resulting from individual Breaches exceeding the De Minimis Amount exceeds an amount of EUR 250,000 (in words: Euro two hundred fifty thousand) (the “Deductible Amount”), in which case only the amount of Losses exceeding the Deductible Amount shall be recoverable (Freibetrag). The limitations of this [Section 12.3.2] shall not apply to Exempted Claims.

If for any reason whatsoever, any directors’ and officers’ liability insurer asserts that the Indemnified Party is subject to a deductible under any existing or future Policy purchased and maintained by the Corporation for the benefit of the Indemnified Party, the Corporation shall pay the deductible for and on behalf of the Indemnified Party.

Landlord hereby represents that its property insurance deductible is currently ​, and Landlord shall maintain a deductible which is similar to the current deductible unless insurance rates substantially change and Landlord, in its commercially reasonable discretion, determines that a higher deductible should be maintained and is commercially reasonable.”

. No policy shall have a deductible exceeding Twenty-Five Thousand Dollars ($25,000) for any one occurrence unless # Administrative Agent approves a higher deductible, # a higher deductible is required under applicable Legal Requirements, or # a higher deductible is required by insurers for specific catastrophic perils, such as earthquake, flood and named windstorm (and evidence of such mandatory

Tenant shall be responsible for the payment of any insurance deductible pursuant to this [Section 19], not to exceed the Deductible Limit.

All items of tax-exempt income and non-deductible expense shall be taken into account as if they were taxable or deductible, as applicable.

Seller Deductible” means $315,000[[Parties:Organization]]

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