Limitations on Contractors Liability Sample Clauses
The "limitations on contractor's liability" clause sets a cap on the amount or types of damages a contractor may be held responsible for under a contract. Typically, this clause restricts liability to a certain monetary amount, excludes certain categories of damages such as consequential or indirect losses, or limits liability to the value of the contract itself. By clearly defining the extent of the contractor's financial responsibility, this clause helps manage risk for contractors and provides predictability for both parties in the event of a dispute or loss.
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Limitations on Contractors Liability. In no event shall Contractor’s liability pursuant to this Contract, whether arising in contract, warranty, or otherwise, be greater in the aggregate than an amount equal to fifteen percent (15%) of the Contract Price (as the same may increase or, subject to Section 16.01, decrease from time to time in accordance with the terms of this Contract). In no event shall Contractor’s aggregate liability: (a) under Section 15.01 for the provision of Temporary Chilling Services or Delay Liquidated Damages exceed the Maximum Contractor Delay Liquidated Damages, (b) under Sections 15.02 for Corrective Action Measures exceed the Maximum Contractor Corrective Action Amounts, or (c) for the aggregate amount of all Delay Liquidated Damages and Corrective Action Measures payable by Contractor under this Contract exceed a collective sum of fifteen percent (15%) of the Contract Price (as the same may increase or, subject to Section 16.01, decrease from time to time in accordance with the terms of this Contract).
Limitations on Contractors Liability. In no event shall Contractor’s liability pursuant to this Contract, whether arising in contract, warranty, default or otherwise, be greater in the aggregate than an amount equal to one hundred percent (100%) of the Contract Price; provided, however, that nothing contained in this Section 31.3 or in any other provision of this Contract shall be construed to limit Contractor’s liabilities for its obligations: (a) with respect to maintenance, termination, cancellation or non-renewal (or other loss of coverage) of any insurance policy required by Article 23;
Limitations on Contractors Liability. 33.2.1 In no event shall Contractor’s liability pursuant to this Contract, whether arising in contract, warranty, or otherwise, be greater in the aggregate than an amount equal to [***] of the Contract Price (as the same may increase or, subject to Section 17.2, decrease from time to time in accordance with the terms of this Contract).
33.2.2 In no event shall Contractor’s aggregate liability (a) under Section 16.1 for Delay Liquidated Damages exceed the Maximum Contractor Delay Liquidated Damages, (b) under Section 16.2 for Buy Down Amounts exceed the Maximum Contractor Buy Down Amounts, or (c) for the aggregate amount of all Delay Liquidated Damages and Buy Down Amounts payable by Contractor under this Contract exceed a collective sum of [***] of the Contract Price (as the same may increase or, subject to Section 17.2, decrease from time to time in accordance with the terms of this Contract). Notwithstanding any of the foregoing, the limitations of this Section 33.2.2 shall not limit Owner’s remedies for any other breach of this Contract other than the specific liquidated damages claims specified in this Section, and specifically such limitations shall not limit Owner’s remedies for Contractor’s failure to Successfully Run those Performance Guarantees (Non-Buy Down) for which Buy Down Amounts are not paid.
Limitations on Contractors Liability. 29.2.1 Overall Liability Cap. Prior to Substantial Completion, in no event shall Contractor’s aggregate liability under this Agreement exceed [***]; provided that such maximum aggregate liability shall increase on a dollar for dollar basis for any increase in the Contract Price pursuant to Article 15 or as otherwise agreed to by the Parties. After Substantial Completion, in no event shall Contractor’s aggregate liability under this Agreement exceed [***]; provided that such maximum aggregate liability shall increase by an amount equal to [***] of every dollar of increase in the Contract Price pursuant to Article 15 or as otherwise agreed to by the Parties; provided further that any liability of Contractor in connection with Article 22 arising after the Substantial Completion shall not exceed [***]. [***] for purposes of this Article 29 and the Contract Price for purposes of this Article 29 shall at all times be the initial Contract Price plus, if applicable, any increased pursuant to Article 15 or as otherwise agreed to by the Parties.
Limitations on Contractors Liability