CLAIM LIMITATION Sample Clauses
A Claim Limitation clause sets a maximum cap on the amount of damages or compensation that one party can claim from the other under a contract. Typically, this clause specifies a monetary limit or ties the cap to the contract value, and may exclude certain types of claims, such as those arising from gross negligence or willful misconduct. Its core function is to allocate and manage risk between the parties by preventing excessive or unpredictable liability, thereby providing financial certainty and encouraging contractual engagement.
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CLAIM LIMITATION. Unless otherwise allowed by applicable law, any claim related to the Services shall be brought within one year of the events giving rise to the claim. Failure to assert any such claim during that one-year period results in the claim being forever waived and barred.
CLAIM LIMITATION. If the Access Client files a claim or counterclaim against ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ or any of its attorneys or employees in any such arbitration, he or she may do so only on an individual basis and not with any other member or as part of a class action.
CLAIM LIMITATION. An Indemnified Party shall not be entitled to indemnification under this Article 11 with respect to any matter that was taken into account in the calculation of Final Net Inventory Minus Liabilities or otherwise in the calculation of the amount payable under the Note (“Excluded Claims”).
CLAIM LIMITATION. Unless otherwise allowed by applicable law, any claim related to the Application shall be brought within one year of the events giving rise to the claim. Failure to assert any such claim during that one-year period results in the claim being forever waived and barred.
CLAIM LIMITATION. Notwithstanding anything to the contrary contained herein, Purchaser shall not assert any claim or claims against Seller for breach ofany representation or warranty made by Seller in this Agreement, and Seller shall not assert any claim or claims against Purchaser for breach ofany representation or warranty made by Purchaser in this Agreement, as the case may be, unless and until the aggregate ofsuch party's claim or claims thereunder exceeds Twenty-Five Thousand and 001100 Dollars ($25,000.00) ("Claim Threshold"); provided, however, once any claim or claims exceed the Claim Threshold, Purchaser or Seller, as applicable, shall be liable back to the first dollar ofsuch claims. Notwithstanding the foregoing, the limitations ofthe Claim Threshold shall (a) not be applicable in the event ofa breaching party's gross negligence or willful misconduct and any claim or claims by the other party that fall below the Claim Threshold arising as a result ofsuch breaching party's gross negligence or willful misconduct may be asserted, or (b) have any effect on the Ground Leases, the Master Leases or the Guaranty.
CLAIM LIMITATION. You acknowledge, understand, and agree that regardless of any statute or law to the contrary, any claim or action arising out of or related to the use of our Services or this Agreement must be filed within one year after said claim or cause of action arose or shall be forever barred.
CLAIM LIMITATION. Notwithstanding anything to the contrary contained herein, Purchaser shall not assert any claim or claims against Seller for breach of any representation or warranty made by Seller in this Agreement, and Seller shall not assert any claim or claims against Purchaser for breach of any representation or warranty made by Purchaser in this Agreement, as the case may be, unless and until the aggregate of such party's claim or claims thereunder exceeds Twenty Thousand and 00/100 Dollars ($20,000.00).
CLAIM LIMITATION. Unless otherwise allowed by applicable law, any claim related to the Platform or Your Services shall be brought within one year of the events giving rise to the claim. Failure to assert any such claim during that one-year period results in the claim being forever waived and barred.
CLAIM LIMITATION. If Closing occurs, Seller Indemnified Parties, and any of them, may not bring (and hereby waives, and forfeits) any claim against Buyer Indemnified Parties for the inaccuracy, violation or breach of any representation, warranty or covenant in this Agreement to the extent any Seller Indemnified Party had actual knowledge of such inaccuracy, violation or breach on or before the Closing. If Closing occurs, Buyer Indemnified Parties, and any of them, may not bring (and hereby waives, and forfeits) any claim against Seller Indemnified Parties for the inaccuracy, violation or breach of any representation, warranty or covenant in this Agreement to the extent any Buyer Indemnified Party had actual knowledge of such inaccuracy, violation or breach on or before the Closing.
CLAIM LIMITATION. No amount shall be payable by the Indemnifying Parties with respect to the Indemnification Event under:
(a) Clause 11.1(a) (including for avoidance of doubt limb (a) and (b) of the Sole Liability Indemnification Event) and Clause 11.1(f), unless the Indemnified Parties have notified the Indemnifying Parties in writing of such Indemnification Claim, on or prior to 11 (Eleven) years from the Closing Date;
(b) Clause 11.1(b) and Clause 11.1(e), unless the Indemnified Parties have notified the Indemnifying Parties in writing of such Indemnification Claim, on or prior to 2 (Two) years from the Closing Date;
(c) Clause 11.1(c) unless the Indemnified Parties have notified the Indemnifying Parties in writing of such Indemnification Claim, on or prior to 4 (Four) years from close of the Financial Year in which Closing occurs;