Liability cap is the fees paid and payable in the previous 12 months
Catalog row in Vendor License Evidence · Cited
- Kind
- Contract excerpt
- Excerpt
- "NEITHER PARTY’S AGGREGATE LIABILITY FOR DAMAGES ARISING OUT OF OR RELATED TO THE AGREEMENT WILL EXCEED THE TOTAL AMOUNT PAID AND PAYABLE BY CLIENT DURING THE TWELVE (12) MONTHS PRIOR TO THE DATE ON WHICH THE CLAIM AROSE."
- Locator
- Business Terms s.9(b) Liability Cap
- Applies to
- Liability cap is the fees paid and payable in the previous 12 months