Common use of Indemnification Limit Clause in Contracts

Indemnification Limit. Except for the indemnification liability in the case of ▇▇▇▇▇▇'▇ intellectual property violation, under no circumstances shall the indemnification be paid by the Vendor, regardless of the cause of action, illegal act (including negligence), warranty, indemnity, or any other legal theory, exceed the total amount paid or payable under this ▇▇▇▇, during the 12 (twelve) months preceding the date of the initial claim. The User acknowledges that the limitations of liability of the Vendor established in this ▇▇▇▇ were fundamental to establishing the values stipulated herein and in the Licensing Agreement. The Vendor's liability for the service provided by a third-party provider and for damages caused by a third-party hosting provider shall not exceed the fee paid by the Customer in the twelve (12) months preceding the harmful event, limited to a maximum amount of US$50,000.00.