Financial limit on liability. Subject to the provisions of Sections 5.2.4 and 5.2.5 below, the aggregate liability of each Party under the provisions of Section 5.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the Party's Project Share.
Appears in 1 contract
Samples: Consortium Agreement
Financial limit on liability. 8.2.3.1 Subject to the provisions of Sections 5.2.4 and 5.2.5 8.2.4 below, the aggregate liability of each Party under the provisions of Section 5.2.1 8.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the of:
(a) once that Party's Project Share,
8.2.3.2 The financial limitation of liability specified in Section 8.2.3.1 shall be doubled in the case of any breach by a Party of its obligations under:
(a) Article 6 (Confidentiality), or
(b) Section 5.3.2 (Assigning ownership of Foreground).
Appears in 1 contract
Samples: Consortium Agreement
Financial limit on liability. 5.2.3.1 Subject to the provisions of Sections 5.2.4 and 5.2.5 below, the aggregate liability of each Party under the provisions of Section 5.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the Party's Project Share.
5.2.3.2 The financial limitation of liability specified in Section 5.2.3.1 shall be doubled in the case of any breach by a Party of its obligations under:
(a) Section 4.3 (Confidentiality), or
(b) Section 4.1.3 (Assigning ownership of Foreground).
Appears in 1 contract
Samples: Consortium Agreement
Financial limit on liability. 5.2.3.1 Subject to the provisions of Sections 5.2.4 and 5.2.5 below, the aggregate liability of each Party under the provisions of Section 5.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the of: twice that Party's Project Share, or the sum of five hundred thousand euro (€ 500,000.-).
5.2.3.2 The financial limitation of liability specified in Section 5.2.3.1 shall be doubled in the case of any breach by a Party of its obligations under: Section 4.3 (Confidentiality), or Section 4.1.3 (Assigning ownership of Foreground).
Appears in 1 contract
Samples: Consortium Agreement
Financial limit on liability. 5.2.3.1 Subject to the provisions of Sections 5.2.4 and 5.2.5 below, the aggregate liability of each Party under the provisions of Section 5.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the lower of:
(a) that Party's Project Share;
(b) five hundred thousand euro (€500,000).
Appears in 1 contract
Samples: Consortium Agreement
Financial limit on liability. 5.2.3.1 Subject to the provisions of Sections 5.2.4 and 5.2.5 below, the aggregate liability of each Party under the provisions of Section Section
5.2.1 to all of the other Parties collectively in respect of any and all such claims shall not exceed the greater of the of:
(a) twice that Party's Project Share, or
(b) the sum of five hundred thousand euro ( 500,000.-).
5.2.3.2 The financial limitation of liability specified in Section 5.2.3.1 shall be doubled in the case of any breach by a Party of its obligations under:
(a) Section 4.3 (Confidentiality), or
(b) Section 4.1.3 (Assigning ownership of Foreground).
Appears in 1 contract
Samples: Consortium Agreement