Common use of Limitation on Buyer’s Liability Clause in Contracts

Limitation on Buyer’s Liability. In no event shall Buyer be liable for anticipated profits or for incidental or consequential damages. Buyer’s liability on any claim of any kind for any loss or damage arising out of or in connection with or resulting from the PO or from the performance or breach thereof shall not exceed the Price allocable to the Goods and/or Services which give rise to the claim. Buyer shall not be liable for penalties of any description. Any action resulting from any breach on the part of Buyer as to the Goods and/or Services delivered hereunder must be commenced within one year after the cause of action has occurred.

Limitation on Buyer’s Liability. In no event shall Buyer be liable for anticipated profits or for incidental or consequential damages. Buyer’s liability on any claim of any kind for any loss or damage arising out of or in connection with or resulting from the PO this Purchase Order or from for the performance or breach thereof by Buyer shall not in no case exceed the Price price allocable to the Goods and/or Services goods or unit thereof which give gives rise to the claim. Buyer shall not be liable for penalties of any description. Any action resulting from any breach on the part of Buyer as to the Goods and/or Services delivered hereunder must be commenced within one (1) year after the cause of action has occurredaccrued.