Exclusion of Losses Clause

Exclusion of losses

1 In the event of a breach of this warranty the Contractor shall only be liable for the reasonable costs of repair, renewal and/or reinstatement of any part or parts of the works to the extent that the Beneficiary incurs or becomes liable for such costs, but the Contractor shall not be liable for any other costs incurred by the Beneficiary OR and the Contractor shall also be liable for any other costs incurred by the Beneficiary subject to a maximum of insert million in total OR for each and every claim.