Authority Liability. Subject to the other provisions of this Clause 14, the liability of the Authority in connection with this Framework Agreement for Defaults shall be subject to the financial limits set out in this Clause: the liability for any loss of or damage to the tangible property resulting from a Default by the Authority or series of such Defaults arising in any rolling twelve (12) month period shall in no event exceed one million pounds (£1,000,000); the liability under this Framework Agreement for any Default by the Authority or series of such Defaults arising in any rolling twelve (12) month period (other than liability for loss of or damage to tangible property or the Termination Payment) shall in no event exceed one million pounds (£1,000,000).
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Sources: Framework Agreement, Framework Agreement