Clause · limitation of liability

Limitation of liability explained

Don't sign blind.

A limitation of liability clause caps one or both parties' exposure to a stated dollar amount or formula. Common in vendor, SaaS, and commercial contracts. The negotiation is around the cap, mutuality, and carve-outs.

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What it usually means

A limitation of liability clause caps the maximum amount one party can recover for a breach. Common formulas include fees paid in the prior 12 months, the contract value, or a stated dollar amount. "Indirect and consequential damages" are often excluded.

Why it matters before signing

An asymmetric or unusually low cap can leave you exposed when something goes wrong. The cap and the carve-outs (e.g., IP infringement, confidentiality breach, data breach, gross negligence) decide what is actually recoverable.

What to ask before signing

How Dang catches it

Dang's vendor and SaaS engines flag uncapped liability and one-sided caps. Commercial-lease engine flags missing limitation language for tenant exposure.

Frequently asked questions

What's a reasonable cap?

Common pattern in B2B vendor contracts caps liability at fees paid in the prior 12 months, with named carve-outs for IP, confidentiality, and data breach.

What are "consequential damages"?

Indirect losses (lost profits, lost data) caused by a breach. Most contracts exclude consequential damages from recoverable amounts.

Does the cap apply to indemnification?

Often carved out, leaving indemnification exposure unbounded. Worth negotiating.

Sources & further reading