ContractLimitation of Liability Clause • January 9th, 2020
Contract Type FiledJanuary 9th, 2020LIMITATION OF LIABILITY: IN NO EVENT SHALL EITHER PARTY TO THIS AGREEMENT OR PURCHASE ORDER BE LIABLE TO THE OTHER PARTY, OR THAT PARTY’S EMPLOYEES,CONTRACTORS, SUBCONTRACTORS OR AFFILIATES WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, FOR ANY INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGE, LOSS, COSTS OR EXPENSES SUFFERED BY ANY PARTY ARISING OUT OF, OR IN CONNECTION WITH, THIS AGREEMENT OR PURCHASE ORDER, WHETHER OR NOT ANY PARTY WAS ADVISED OF THE POTENTIAL OF SUCH DAMAGES, INCLUDING WITHOUT LIMITATION ANY ECONOMIC LOSS OR OTHER LOSS OF TURNOVER, PROFITS, BUSINESS, GOODWILL, DATA, EVEN IF THAT LOSS OR DAMAGE WAS FORESEEABLE BY OR THE POSSIBILITY OF IT WAS BROUGHT TO THE ATTENTION OF ANY PARTY. THE MAXIMUM AGGREGATE LIABILITY OF EITHER PARTY TO THIS AGREEMENT OR PURCHASE ORDER, TO THE OTHER PARTY, FOR ALL CLAIMS ARISING OUT OF THIS AGREEMENT OR PURCHASE ORDER SHALL NOT IN ANY CIRCUMSTANCES EXCEED THE AMOUNT PAYABLE FOR THIS INDIVIDUAL JOB OR WORK FROM WHICH SUCH CLAIM