Overall Limitation Sample Clauses
The Overall Limitation clause sets a maximum cap on the total liability that one party may incur to the other under a contract. Typically, this cap is expressed as a fixed amount or as a multiple of the contract value, and it applies to all claims arising from the agreement, regardless of their nature. By establishing a clear upper limit on potential financial exposure, this clause provides certainty for both parties and helps manage risk, ensuring that neither side faces unlimited liability for losses or damages.
Overall Limitation. Notwithstanding any other provision of this Contract, adjustments after Contract execution shall not result in higher rents charged for Assisted Units as compared to the unassisted units, as determined by Grantee.
Overall Limitation. Notwithstanding any other provision of this Contract, adjustments after Contract execution or cost certification, where applicable, shall not result in material differences between the rents charged for assisted and comparable unassisted units, as determined by HUD; except to the extent that the differences existed with respect to the Contract Rents set at Contract execution or cost certification, where applicable.
Overall Limitation. Except for the exceptions set out in Section 8.3 and notwithstanding anything to the contrary contained in this Agreement, the aggregate Liability of the Contractor to the Owner or the Owner Indemnitees with respect to this Agreement, whether such Liability arises out of breach of contract, tort, product liability, indemnity, contribution, strict liability or other legal theory, shall not exceed an amount equal to [REDACTED: Confidential and commercially sensitive information regarding liability cap] “Maximum Liability Amount”).
Overall Limitation. Notwithstanding any other provision of this Agreement, the maximum amount of Stock that Clorox may purchase from Henkel pursuant to this Agreement shall be limited to Stock with a purchase price under this Agreement no greater than $255 million in the aggregate.
Overall Limitation. In no event will the aggregate of Quarterly Bonuses and Annual Bonus payable to Executive for the Plan Year exceed $50,000. If Qualified Revenues exceed $* million for the Plan Year, Corporation's Compensation Committee may, in its sole discretion, consider payment of an additional bonus.
Overall Limitation. EXCEPT FOR BREACHES OF INTELLECTUAL PROPERTY RIGHTS AND INDEMNIFICATION OBLIGATIONS, NEITHER PARTY’S TOTAL LIABILITY TO THE OTHER PARTY HEREUNDER SHALL EXCEED A SUM OF ONE MILLION DOLLARS ($1,000,000).
Overall Limitation. In no event whatsoever shall Purchaser’s recourse with respect to Losses under Section 7.1 exceed in the aggregate an amount equal to ten million Dollars ($10,000,000) subject to the limitations set forth in Section 7.4(a) and Section 7.4(d) herein; provided, that the foregoing limitations set forth in Sections 7.4 (a) and (b) shall not apply to breaches of the representations in Sections 2.1, 2.13, 2.15, 2.21, 3.4 and 3.7. For the avoidance of doubt, the Escrow Amount shall only relate to Sellers’ indemnification obligations set forth in Section 7.1(c) hereof and Purchaser shall not have recourse against the Escrow Amount in connection with any other Losses.
Overall Limitation. Effective October lst, 1980 and thereafter if the total hours worked by all part-time employees in any calendar week exceed ten per centum (10%) of the product of forty (40) hours times the number of regular employees on the dock department seniority list, then the Company will hire an additional employee for regular employment in accordance with Section 9.4 of this Agreement. Until such employee (s) are hired, no part-time employee(s) may be utilized by the Company.
Section 29.1 (c) Section 29.1 (d)
Overall Limitation. (a) The total liability of any of the Shareholders under this Agreement shall not exceed the total amounts paid by or on behalf of Acquisition Sub pursuant to Sections 1.5 and 1.6 to such Shareholder.
(b) In the event the Principal Shareholders are severally and not jointly liable for Damages, the portion of such Damages for which an individual Principal Shareholder will be liable will be such Shareholder's pro rata share of the payments made to or for the benefit of the Shareholders pursuant to Sections 1.5 and 1.6 (including for this purpose the amount of such payments allocable to such Shareholder's children who are now under 18 years of age) (a "Shareholder's Pro Rata Share"); provided, however, that such limitation shall not apply with respect to Damages resulting from the Breach by such Shareholder of a representation, warranty or covenant applicable to such Shareholder individually. The maximum amount for which a Principal Shareholder may be severally liable shall not exceed such Shareholder's Pro Rata Share of the total amounts paid to or for the benefit of the Shareholders pursuant to Sections 1.5 and 1.6, less such Principal Shareholder's Pro Rata Share of amounts paid to Indemnitees pursuant to Sections 4 and 5 for which the Principal Shareholders were jointly and severally liable.
Overall Limitation. Each party’s total liability will not exceed an amount equal to all amounts actually received by Quova from Customer during the 12-month period immediately preceding any such liability. Each party acknowledges that these limitations are reasonable, that they are an essential element of this Agreement and that absent such limitations they would not enter into this Agreement. The limitation set forth in this section 10B, will not apply to any damages or losses caused by infringement of Quova’s intellectual property or a voluntary infringement by Customer of Section 2 of this agreement