Common use of Optional element Clause in Contracts

Optional element. Do you want to include a per event liability cap in this document? Liability caps may be unenforceable in practice. Which of the parties will be the beneficiary of this liability cap? Do you want to include a per event liability cap in this document? What monetary amount should be used in the liability cap? What floating amount should be used in the liability cap?

Optional element. Do you want to include a per event liability cap in this document? Liability caps may be unenforceable in practice. • Which of the parties will be the beneficiary of this liability cap? • Do you want to include a per event liability cap in this document? • What monetary amount should be used in the liability cap? • What floating amount should be used in the liability cap?