Sentences with phrase «contractual liability cap»

The court ruled in favour of the defendant on other grounds and therefore did not need to examine the validity of the limitation clause, however the judge did state, obiter dicta, that if necessary he would have upheld the # 14K contractual liability cap as a fair and reasonable clause.

Not exact matches

A Limits of Liability clause is a contractual provision that attempts to set a cap on liability for breach of the terms of the agreement or for other forms of lLiability clause is a contractual provision that attempts to set a cap on liability for breach of the terms of the agreement or for other forms of lliability for breach of the terms of the agreement or for other forms of liabilityliability.