Common use of Quantification Clause in Contracts

Quantification. Each Party acknowledges and agrees that the loss actually incurred by it under clause 5.1(c) will be of such nature that it cannot accurately be ascertained and that the amount of the Break Fee is a genuine and reasonable pre-estimate of those fees, costs and losses.

Quantification. Each Party acknowledges and agrees that the loss actually incurred by it under clause 5.1(c) 6.4 will be of such nature that it cannot accurately be ascertained and that the amount of the Break Fee is a genuine and reasonable pre-estimate of those fees, costs and losses.