Limitations on Quantum. 3.1 The Seller shall not be liable under the Warranties and the Tax Warranties in respect of any claim: (a) unless the amount of the liability of the Seller for such claim exceeds £20,000; and (b) unless the aggregate amount of the liability of the Seller for all such claims exceeds £800,000. 3.2 Notwithstanding any other provision of this agreement, the aggregate liability of the Seller shall not in any circumstances exceed £60,000,000 save that in respect of any claim under any of the Warranties 1.1 (Authority and Capacity), 1.2 (Title to the Shares) or 1.3 (Changes in share capital) the aggregate liability of the Seller in respect of any such claims and claims made in respect of the other Warranties shall not in any circumstances exceed the Consideration.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (Live Nation Entertainment, Inc.)