LIMITATION POLICY Clause Samples
A Limitation Policy clause sets boundaries on the extent of liability or responsibility that a party assumes under an agreement. Typically, this clause specifies maximum monetary limits for damages, excludes certain types of losses (such as indirect or consequential damages), or restricts liability to specific circumstances. For example, it may cap the total amount a service provider must pay if their services cause harm or loss. The core function of this clause is to manage and allocate risk between parties, ensuring that exposure to potentially large or unpredictable liabilities is controlled and predictable.
LIMITATION POLICY. The approval of this contract is subject to the availability of funds. The Department reserves the right to limit the number of Vendors authorized for the WIC Program in accordance with the most recent Limitation Policy and Selection Plan. The criteria applied to determine the number of Vendors needed within a specified area may include, but are not limited to, the ratio of Vendors to WIC participants, the distance between Vendors and participant accessibility, as determined by the Department.