Limitations Cap Sample Clauses
A Limitations Cap clause sets a maximum limit on the amount of liability one party may have to the other under a contract. Typically, this cap is expressed as a fixed dollar amount or as a percentage of the contract value, and it applies to claims arising from breaches of contract or certain types of damages. By establishing a clear upper boundary for financial responsibility, this clause provides predictability and helps both parties manage risk exposure.
Limitations Cap. EACH PARTY’S TOTAL AGGREGATE LIABILITY UNDER OR RELATED TO EACH ORDER SHALL UNDER NO CIRCUMSTANCES EXCEED THE FEES ACTUALLY PAID BY CLIENT TO FIS UNDER THAT ORDER FOR THE SOLUTION AND/OR SERVICES WHICH ARE THE SUBJECT MATTER OF THE CLAIM DURING THE TWELVE (12) MONTH PERIOD IMMEDIATELY PRECEDING THE DATE OF THE EVENT THAT IS THE BASIS FOR THE FIRST CLAIM.
Limitations Cap. The representations and warranties of PEDCO set forth above shall survive Closing for a period of nine (9) months. PEDCO shall indemnify Purchaser and its affiliates from any damages resulting from a breach of any representation or warranty pursuant to this Article IV, provided, however, PEDCO shall have no liability for any breaches of this Article IV until the aggregate amount of damages suffered as a result of all such breaches exceeds $50,000, in which case indemnification shall be made by PEDCO including damages up to that amount. The maximum liability of PEDCO pursuant to this Article IV shall be $50,000.
Limitations Cap. EACH PARTY’S TOTAL LIABILITY UNDER THIS AGREEMENT SHALL UNDER NO CIRCUMSTANCES EXCEED THE LIABILITY CAP.
Limitations Cap. Each party’s total aggregate liability under or related to each Order shall under no circumstances exceed the aggregate amount of fees actually paid by Client to FIS under that Order for the Solution and/or services which are the subject matter of the claim during the twelve (12) month period immediately preceding the date of the event that is the basis for the first claim.