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What is the cap on each party's liability in a contract year?

The greater of £2,000,000 and 150% of the Charges paid and payable in that Contract Year. p.9 §11.2

11.2 Subject to clauses 11.1 and 11.4, the total liability of each party to the other in each Contract Year, whether in contract, tort (including negligence), breach of statutory duty or otherwise, arising under or in connection with this Agreement, shall not exceed the greater of £2,000,000 and 150% of the Charges paid and payable in that Contract Year.

Master Services Agreement9
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