Overall Cap on Liability Clause Samples
Overall Cap on Liability. Notwithstanding anything to the contrary set forth herein, with respect to any claim, damage, Loss, indemnification obligation or cause of action arising out of or related to the Agreement, (a) none of the Parties will be liable to the other for indirect, punitive, special or consequential damages, even if advised of the possibility of such damages, and (b) each Party’s aggregate liability to the other Party under this Agreement will not exceed $15,000,000. The absence of direct damages listed in this Section 18.3 shall not be construed or interpreted as an agreement to exclude it as a direct damage under this Agreement.
