Common use of Limitations of quantum Clause in Contracts

Limitations of quantum. 2.1 The maximum aggregate liability of the Issuer in respect of all claims for breach of Warranties shall not exceed the amount of the Subscription Price. 2.2 No liability shall attach to the Issuer unless the aggregate amount of all claims for breach of Warranties for which it would, in the absence of this provision, be liable shall exceed HKD1,000,000 and in such event the Issuer shall be liable for the whole of such amount and not merely the excess.

Appears in 6 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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