Common use of Claims for Consequential Damages Clause in Contracts

Claims for Consequential Damages. The Contractor and Owner waive claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and .2 damages incurred by the Contractor for principal office expenses including the compensation of personnel stationed there, for losses of financing, business and reputation, and for loss of profit except anticipated profit arising directly from the Work.

Appears in 3 contracts

Sources: Owner and Contractor Agreement, Owner and Contractor Agreement, Owner and Contractor Agreement

Claims for Consequential Damages. The Contractor and Owner waive claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of o such persons; and .2 damages incurred by the Contractor for principal office expenses including the compensation of personnel stationed there, for losses of financing, business and reputation, and for loss of profit except anticipated profit arising directly from the Work.

Appears in 1 contract

Sources: Abbreviated Standard Form of Agreement Between Owner and Contractor for Construction Projects of Limited Scope

Claims for Consequential Damages. The Contractor and Owner waive claims Claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 includes damages incurred by the the: 1. Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and .2 damages incurred by the and 2. Contractor for principal office expenses including the compensation of personnel stationed there, for losses of financing, business and reputation, and for loss of profit except anticipated profit arising directly from the WorkWork performed.

Appears in 1 contract

Sources: Construction Manager at Risk Agreement

Claims for Consequential Damages. The Contractor and Owner waive claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 includes damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and .2 damages incurred by the Contractor for principal office expenses including the compensation of personnel stationed there, for losses of financing, business and reputation, and for loss of profit except anticipated profit arising directly from the Work.

Appears in 1 contract

Sources: Construction Contract

Claims for Consequential Damages. The Contractor and Owner waive claims Claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 damages 1. Damages incurred by the Owner for rental expenses, for losses loss of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and .2 damages and 2. Damages incurred by the Contractor for principal office expenses including the compensation of personnel stationed there, for the losses of financing, business and reputation, and for loss of profit profit, except anticipated profit arising directly from the Work.

Appears in 1 contract

Sources: Services Agreement

Claims for Consequential Damages. The Contractor and Owner waive claims against each other for consequential damages arising out of or relating to this Contract. This mutual waiver includes: .1 a. damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and .2 and b. damages incurred by the Contractor for principal office expenses including the compensation of personnel stationed there, for losses of financing, business and reputation, and for loss of profit except anticipated profit arising directly from the Work.

Appears in 1 contract

Sources: Standard Construction Agreement