Common use of Indemnification Cap Clause in Contracts

Indemnification Cap. No party can recover under paragraphs 7.1 or 7.2 an amount in excess of Ten Thousand Dollars ($10,000). The foregoing limitation shall not apply to recovery for breaches of the Representations and Warranties of Organization, Existence, Good Standing, Power and Authority, and Enforceability.

Indemnification Cap. No party Party can recover under paragraphs 7.1 or 7.2 paragraph 7 an amount in excess of Ten Twenty-Five Thousand Dollars ($10,00025,000). The foregoing limitation shall not apply to recovery for breaches a breach under paragraphs 3 and 4 of the Representations and Warranties of Organizationthis Agreement, Existencefraud, Good Standingmisrepresentation, Power and Authority, and Enforceabilityor any intentional or willful misconduct or omission by a Party.