Limitation of Liability Clause
Caps the amount and types of damages a party can be liable for, and excludes certain categories of loss.
Cos'e
A limitation of liability clause caps total liability (often at fees paid) and excludes categories such as indirect or consequential loss and lost profits. It is the primary tool for keeping contractual risk proportionate to deal value.
Perché conta
Uncapped liability can vastly exceed contract revenue and make a deal uninsurable. A balanced cap allocates risk predictably; courts may, however, set aside a cap that is unreasonably onerous or invoked in case of intent or gross negligence.
Come applicarla
- Set an aggregate cap, commonly tied to fees paid over a defined period.
- Exclude indirect and consequential loss, defining those terms clearly.
- Carve out liabilities that cannot or should not be capped (e.g. intent, IP, data).
- Make the cap mutual where bargaining power is balanced.
Testo di esempio
Each party's total aggregate liability under this Agreement shall not exceed the fees paid in the twelve months preceding the event giving rise to the claim. Neither party is liable for indirect or consequential loss.
Consigli per la negoziazione
- • Recipients of the cap should carve out IP, confidentiality, data and personal-injury claims.
- • Tie the cap to a multiple of annual fees if a single year is too low.
Errori frequenti
- • Attempting to exclude liability for intent or gross negligence, which is usually unenforceable.
- • Leaving "consequential loss" undefined, inviting argument over what is excluded.
Riferimenti normativi
- BW 6:74 Damages for non-performance Diritto olandese
- BW 6:233 Unreasonably onerous standard terms Diritto olandese
- BW 6:248 Reasonableness and fairness limit on reliance Diritto olandese
Salvo diversa indicazione, i riferimenti riguardano il diritto olandese (Burgerlijk Wetboek, il Codice Civile olandese); gli strumenti UE come il GDPR si applicano in tutta l'UE. Si tratta di informazioni generali, non di consulenza legale. Altre giurisdizioni trattano questi concetti in modo diverso. Verifichi il testo vigente e la propria situazione con un avvocato qualificato.
Domande frequenti
Domande comuni su questa clausola.