Seller shall not be liable to the Purchaser Indemnified Parties and Purchaser shall not be liable to the Seller Indemnified Parties for such indemnification until the aggregate amount of indemnification claims thereunder exceeds but if the aggregate amount of such indemnification claims reaches such amount, the Indemnifying Party shall be liable to the Indemnified Parties for the full amount of such indemnified claims (i.e., so-called coverage and NOT a so-called deductible); and
Seller shall not be liable to the Purchaser Indemnified Parties and Purchaser shall not be liable to the Seller Indemnified Parties for such indemnification until the aggregate amount of indemnification claims thereunder exceeds but if the aggregate amount of such indemnification claims reaches such amount, the Indemnifying Party shall be liable to the Indemnified Parties for the full amount of such indemnified claims (i.e., so-called coveragecoverage and NOT a so-called deductible)deductible); and
Seller shall not be liable to the PurchaserNo Indemnified Parties and Purchaser shall not be liable to the Seller Indemnified Parties for such indemnification until the aggregate amount of indemnification claims thereunder exceeds but if the aggregate amount of such indemnification claims reaches such amount, the Indemnifying Party shall be liableentitled to make an indemnity claim, either individually or together with other related indemnity claims arising out of the Indemnified Partiessame event, facts or circumstances, for the full amount of such indemnified claims (i.e., so-called any Losses not exceeding coverage and NOT a so-called deductible); andin the aggregate for such claim or series of related claims.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.