Disavowal of Liability Clause Samples

A Disavowal of Liability clause serves to limit or exclude a party’s responsibility for certain losses, damages, or claims that may arise in connection with a contract or transaction. Typically, this clause specifies that the party providing goods, services, or information does not guarantee their accuracy, completeness, or suitability, and will not be held liable for any resulting harm or loss. By including this provision, the clause helps protect the disavowing party from legal claims and financial exposure, ensuring that risk is clearly allocated and that users or recipients are aware of their own responsibility for outcomes.
Disavowal of Liability. Any obligations of the Trust hereunder are not personally binding upon any trustee, officer, employee or agent of the Trust, any registered or beneficial holder of Units or any annuitant under a plan of which a registered or beneficial holder of Units acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of the foregoing, but the property of the Trust only shall be bound by such obligations. Any obligations of the Trust set out herein shall to the extent necessary to give effect to such obligation be deemed to constitute, subject to the provisions of the previous sentence, an obligation of the trustees of the Trust solely in their capacity as trustees of the Trust but not in any personal capacity and without personal liability.
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Disavowal of Liability. Each of the parties hereto acknowledges that the directors of the Corporation are entering into this agreement solely in their capacity as directors of the Corporation and not in any personal capacity, and that the obligations or liabilities (including those arising hereunder or arising in connection herewith or from the matters to which this Agreement relates, if any, including without limitation, claims based on negligence or otherwise tortious behaviour) of the directors, managers, officers or employees of the Corporation hereunder will not be binding upon, nor will resort be had to the property of, any of the holders of securities of the Corporation or any annuitant under a plan of which a holder of Common Shares is a trustee or carrier (an “annuitant”). The obligations or liabilities, if any, of the directors, managers, officers or employees of the Corporation hereunder will be satisfied only out of the property of the Corporation, and no resort may be had to the property of any director, manager, officer or employee of the Corporation. The provisions of this paragraph will enure to the benefit of the heirs, successors, assigns and personal representatives of the directors, managers, officers or employees of the Corporation and of the holders of securities of the Corporation and annuitants and, to the extent necessary to provide effective enforcement of such provisions, the trustees of the Corporation are hereby acknowledged to be acting, and will be entitled to act as, trustees for the holders of securities of the Corporation and annuitants.
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Disavowal of Liability. Notwithstanding any other provision herein, the parties hereto acknowledge that TrusteeCo is entering into this Agreement solely in its capacity as trustee on behalf of POT and the obligations of POT hereunder shall not be personally binding upon TrusteeCo or any of the beneficiaries (including their own beneficiaries, if any) of POT, in their respective capacities as such, such that any recourse of Paramount against POT, TrusteeCo in its capacity as trustee of POT, or any beneficiary (including their own beneficiaries, if any) of
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Related to Disavowal of Liability

  • Denial of Liability Executive acknowledges and agrees that neither the payment of the Severance Payment under the Agreement nor this Waiver and Release is to be construed in any way as an admission of any liability whatsoever by the Company or any of the other Released Parties, by whom liability is expressly denied.

  • Disclaimer of Liability NASA is not restricted in, or liable for, the use, disclosure, or reproduction of Data without a restrictive notice or for Data Partner gives, or is required to give, the U.S. Government without restriction.

  • Waiver of Liability Seller hereby waives, acquits, and forever releases, and agrees to defend and hold harmless, the Agency, its officer(s), director(s), employee(s), contractor(s), associate(s), and representative(s) from any responsibility or liability whatsoever concerning any photos or videos generated from the Photographic Services or their distribution.

  • Extent of Liability Notwithstanding anything to the contrary contained herein, with respect to the indemnification obligations of the Funds provided in this Section4.03, each Fund shall be: (i) severally, and not jointly and severally, liable with each of the other Funds; and (ii) liable only for its pro rata share of such liabilities, determined with reference to such Fund's proportionate interest in the aggregate of assets held by the Custodian in the Account with respect to which such liability relates at the time such liability was incurred, as reflected on the books and records of the Funds.

  • Scope of Liability Neither the Servicer or any subservicer appointed by it, nor any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, shall be under any liability to the Master Servicer, the Trustee or, if applicable, the Trust Administrator for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Servicer, any subservicer or any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence in the performance of his or its duties or by reason of reckless disregard of his or its obligations and duties hereunder. The Servicer, any subservicer and any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder.