Maximum Liability for API Clause Samples

The Maximum Liability for API clause sets a cap on the total amount of financial responsibility that a party, typically the API provider, can incur under the agreement. In practice, this means that if issues such as data breaches, service outages, or other failures occur related to the API, the provider’s liability is limited to a specified amount, such as the total fees paid under the contract or a fixed dollar value. This clause serves to protect the API provider from unlimited financial exposure, ensuring predictability and risk management for both parties.
Maximum Liability for API. Patheon’s liability for API calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, [*]. Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.