No Cumulation Clause Samples
The No Cumulation clause limits the total amount of liability that can be claimed under a contract, ensuring that multiple claims arising from the same event or series of related events are not aggregated to exceed a specified cap. In practice, this means that if several breaches or losses occur from a single cause, the responsible party’s liability is restricted to the maximum amount agreed in the contract, regardless of the number of claims made. This clause is essential for providing certainty and predictability in risk allocation, preventing claimants from circumventing liability limits by filing multiple claims for the same underlying issue.
No Cumulation. Vacations may not be cumulative from one (1) year to another.
No Cumulation. (non bis in idem) If the same event, matter or circumstances can give rise to a Claim under several provisions of this Agreement, the Purchaser shall only be indemnified once.
No Cumulation. The Purchaser may claim, in whole or in part, under the Tax Indemnity or the Tax Warranties at its discretion but it may not recover from the Sellers more than once in respect of the same damage. Exhibit 2.1
No Cumulation. Neither Party shall not be entitled to recover from the other Party more than once in respect of the same Damage suffered.
No Cumulation. The Purchaser shall not be entitled to recover from the Seller more than once in respect of the same Damages suffered.
No Cumulation. The Purchaser may not recover from the Sellers more than once in respect of the same damage.
No Cumulation. Stellantis may not recover from any Warrantor more than once in respect of the same damage.