Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / research-memo-single-continuous-period.docx
research-memo-single-continuous-period.docx
Parties
Northwind Maritime Corp
Logistics SA
Aegean Fortuna Shipholding Ltd
Hellenic Chartering Services Ltd
The Three Inc
Purdy Corp
Financial Performance Corp
Muzak Corp
Dates
November 20, 2023
December 3, 2020
January 15, 2021
January 14, 2024
November 5, 2023
April 2, 2022
July 29, 2022
December 10, 2022
March 12, 2022
July 8, 2022
Amounts
$4,500,000
$13,500,000
$14,750
$1,504,500
$486,750
$464,625
$553,125
$16,166,000
$486,750 2
$464,625 3
Obligations
For the avoidance of doubt, Owner's liability for liquidated damages under this Clause 28 shall be without prejudice to Charterer's right to claim additional actual damages to the extent such damages exceed the liquidated damages calculated hereunder, provided that any such claim for additional actual damages shall be subject to the limitations set forth in Clause 29
The goal of contract interpretation is to "determine the intention of the parties as derived from the language employed" in the contract, and where the language is clear and unambiguous, the intent of the parties must be found within the four corners of the document
The second sentence of Clause 28 provides that "Owner's liability for liquidated damages under this Clause 28 shall be without prejudice to Charterer's right to claim additional actual damages to the extent such damages exceed the liquidated damages calculated hereunder
2d 208 (2002), the Court of Appeals distinguished between per-occurrence and aggregate policy limits in the insurance context, emphasizing that the specific language of the limitation provision must be examined to determine whether a cap applies to each occurrence or to total exposure
A court applying the rule that every word in a contract must be given effect could find this argument persuasive