Limitations on Certain Indemnities Sample Clauses
The "Limitations on Certain Indemnities" clause restricts the scope and extent of indemnification obligations between parties in a contract. Typically, this clause sets boundaries on what types of losses or liabilities can be indemnified, may exclude certain categories such as indirect or consequential damages, and can cap the total amount recoverable under indemnity provisions. By clearly defining these limits, the clause helps prevent excessive or unforeseen liability, ensuring that indemnification remains fair and manageable for both parties.
Limitations on Certain Indemnities
