Pl advise , whether total liability of contract is different than indemnity. If total liability is limited say 10 % of consulting agreement, can we get away from indemnity clause. Can we fix indemnity . It is related to engg consulting and not site construction.
depend on how the cap liability clause is drafted, but in general liability resulting from indemnity will also be capped - 10%, but in some cases parties may also agree that the cap will not be applicable if the damages resulting from certain matters eg. gross negligence, willful misconduct, environment issue etc. again, depend on the details in the cap liability provision.
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Pl advise , whether total liability of contract is different than indemnity. If total liability is limited say 10 % of consulting agreement, can we get away from indemnity clause. Can we fix indemnity . It is related to engg consulting and not site construction.
depend on how the cap liability clause is drafted, but in general liability resulting from indemnity will also be capped - 10%, but in some cases parties may also agree that the cap will not be applicable if the damages resulting from certain matters eg. gross negligence, willful misconduct, environment issue etc. again, depend on the details in the cap liability provision.
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