Common use of Amount Limitation Clause in Contracts

Amount Limitation. THE OVERALL LIABILITY OF NECTARI IN RESPECT OF ANY OF YOUR CLAIMS OR THE CLAIMS OF ANY OTHER PERSON IS LIMITED TO AN AMOUNT EQUAL TO (I) IF YOU HAVE PAID FOR A PERPETUAL LICENSE OF AN ON-PREMISE SOFTWARE, THE FEES ACTUALLY PAID BY YOU TO PURCHASE SUCH PERPETUAL LICENSE, OR (II) IF YOU HAVE PAID FOR A SUBSCRIPTION LICENSE OF AN ON-PREMISE SOFTWARE OR A CLOUD-SOFTWARE, THE FEES ACTUALLY PAID BY YOU DURING THE 12-MONTH PERIOD PRECEDING THE EVENT FROM WHICH THE LIABILITY ARISES.

Appears in 2 contracts

Sources: End User License Agreement, End User License Agreement