Common use of Damages Limitations Clause in Contracts

Damages Limitations. In no event shall the Purchaser be liable to any Seller Indemnitee, and in no event shall the Sellers be liable to any Purchaser Indemnitee, as applicable, for any punitive, incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement, or diminution of value or any damages based on any type.

Appears in 2 contracts

Sources: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.), Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)

Damages Limitations. In no event shall the Purchaser be liable to any Seller Indemnitee, and in no event shall the Sellers Seller be liable to any Purchaser Indemnitee, as applicable, for any punitive, incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement, or diminution of value or any damages based on any type.

Appears in 2 contracts

Sources: Option Agreement (JR Resources Corp.), Option Agreement (Dakota Territory Resource Corp)