Venture Deals · glossary
The most anyone can recover for untrue warranties. Solaris’s cap is the money it received in the round, €2,000,000 at the Series A and €4,000,000 at the Series B, and Elena Marsh’s is €400,000 in all. No cap applies to fraud. Clause 9.1 · Chapter 10
Explained in Chapter 10, Warranties, Disclosure and Completion, of Venture Deals.
The main page for this term is Liability cap, in IP Licensing.
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