Common use of Monetary Limit Clause in Contracts

Monetary Limit. If, despite the foregoing limitations, for any reason Response becomes liable to Distributor in connection with this Agreement, then the liability of Response shall be limited to the prices paid by Distributor for Products in the 12 month period preceding the determination of liability.

Appears in 2 contracts

Sources: Distribution Agreement (Response Biomedical Corp), Distribution Agreement (Response Biomedical Corp)