This excerpt taken from the STLD 8-K filed Jun 16, 2008.
Indemnification Accounted for in Distributions. The Buyer Indemnified Parties shall not have a claim against any of the Sellers or Equity Owners pursuant to this Agreement in respect of
a. a breach of any covenant, representation or warranty, or
b. any indemnification obligation, of the Sellers or Equity Owners contained in this Agreement,
if, and only to the extent that, the subject matter of any such breach or indemnification obligation has been identified (by description and dollar amount) and has been expressly taken into account (as evidenced by spreadsheets, work papers and other similar documentation used and agreed to by Buyer and the Sellers to determine the Stub Period Free Cash Flow described in Section 7.3, and only to the extent such spreadsheets, work papers, or other similar documentation expressly refer to this Section 10.6 in identifying and quantifying such amount) in the determination of the Stub Period Free Cash Flow described in Section 7.3. By way of illustration, any expense actually incurred or accrued with respect to an expense expected to be incurred, with respect to any such breach or indemnification obligation that reduces the amount of the Stub Period Free Cash Flow, and is identified in Schedule 10.6, shall be considered expressly taken into account.