Limits Cumulative Clause Samples
The "Limits Cumulative" clause establishes that any limits of liability specified in a contract apply collectively to all claims, rather than separately to each individual claim or incident. In practice, this means that if a contract sets a maximum liability amount, that cap is the total exposure for all claims combined, regardless of how many claims arise or their nature. This clause is essential for ensuring that a party’s financial risk is predictable and contained, preventing the possibility of multiple claims exceeding the agreed-upon liability cap.
Limits Cumulative. For the avoidance of doubt, for the purposes of this clause entitled “Limitation of Liability”, the limits on liability expressed above are cumulative and apply across all Services.