Common use of Liability Caps Clause in Contracts

Liability Caps. 20.2.1 Each Party's liability to the other Party for loss resulting from physical damage to property arising in connection with the subject matter of this Agreement (whether resulting from breach of this Agreement, breach of statute, negligence or otherwise) shall be limited, for each incident or series of connected incidents, to an amount equal to the greater of (a) the Contracted Capacity multiplied by £1,000/MW; or (b) one hundred thousand pounds (£100,000), (the Aggregate Liability Cap). 20.2.2 Each Party's liability to the other Party pursuant to, or in connection with, this Agreement shall be limited to the Aggregate Liability Cap.

Liability Caps. 20.2.1 19.2.1 Each Party's liability to the other Party for loss resulting from physical damage to property arising in connection with the subject matter of this Agreement (whether resulting from breach of this Agreement, breach of statute, negligence or otherwise) shall be limited, for each incident or series of connected incidents, to an amount equal to the greater of (a) the Contracted Capacity multiplied by £1,000/MW; or (b) one hundred thousand pounds (£100,000), (the Aggregate Liability Cap). 20.2.2 19.2.2 Each Party's liability to the other Party pursuant to, or in connection with, this Agreement shall be limited to the Aggregate Liability Cap.