Records / Buyer contract clauses

micro1: Other

Except for fraud, gross negligence or wilful misconduct, each side's total liability is capped at three times the fees micro1 paid or owes under the order form. You defend and indemnify micro1 against third-party claims over your breach of the agreement and over the data, including that the data or micro1's authorised use of it breaks someone's intellectual property, privacy or publicity rights or a data protection law.

Dated 3 Nov 2026Source checked 3 Nov 2026Quote found on its page again 4 Nov 2026Basis: stated

Selling a company's data? This is one of the terms buyers set, and the guide beside the button reads it in plain words.

  • No data upload
  • About two minutes
  • No email needed
In the source's own words
“EXCEPT FOR DAMAGES ARISING FROM FRAUD, GROSS NEGLIGENCE, OR WILLFUL MISCONDUCT, EACH PARTY’S TOTAL CUMULATIVE LIABILITY TO THE OTHER ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED THREE TIMES (3X) THE TOTAL FEES PAID OR PAYABLE BY LICENSEE TO LICENSOR PURSUANT TO THE ORDER FORM UNDER WHICH THE CLAIM AROSE. ... Licensor will indemnify, defend and hold harmless Licensee ... arising out of or relating to any third party claim of: (a) any breach or alleged breach by Licensor of its representations, warranties or obligations under this Agreement; (b) the Data, including any claim that the Data or Licensee’s authorized use of it infringes, misappropriates or otherwise violates any intellectual property, privacy or publicity right of a third party, or violates any applicable data protection or privacy law”
What it is about
Figures it counts in

It is shown on its own, not counted into a figure.

micro1: Other | AIData.Broker