Essential Purpose Sample Clauses
The Essential Purpose clause defines the fundamental reason or objective behind a contract or a specific provision within it. In practice, this clause clarifies what the parties intend to achieve, such as ensuring the delivery of a particular product or service, or the fulfillment of a key obligation. By explicitly stating the contract's core purpose, it helps prevent disputes over interpretation and ensures that, even if some terms fail or are unenforceable, the main intent of the agreement is preserved and enforceable.
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Essential Purpose. Customer acknowledges that the terms in this Section (Limitations of Liability) are a bargained for reasonable allocation of the risk between the parties and will apply (a) to the maximum extent permitted by applicable law, and (b) even if an exclusive or limited remedy stated herein fails of its essential purpose.
Essential Purpose. THE LIMITATION OF LIABILITY AND EXCLUSION OF CERTAIN DAMAGES STATED HEREIN SHALL APPLY REGARDLESS OF THE FAILURE OF ESSENTIAL PURPOSE OF ANY REMEDY. BOTH PARTIES HEREUNDER SPECIFICALLY ACKNOWLEDGE THAT THESE LIMITATIONS OF LIABILITY ARE REFLECTED IN THE PRICING.
Essential Purpose. The essential purpose of this Section 10 is to limit the potential liability of the parties arising under this Agreement. The parties acknowledge that the limitations set forth in this Section 10 are connected to the amount of consideration levied in connection with the license of the Datameer Product and that, were Datameer to assume any further liability, such consideration would, out of necessity, have been set much higher.
Essential Purpose. Customer acknowledges that this Agreement in this Section 9 (Limitation of Liability) are an essential basis of the bargain described in this Agreement and that, were IronNet to assume any further liability, the fees payable under the Ordering Document would out of necessity, be set much higher. THE LIMITATIONS IN THIS SECTION 9 (LIMITATION OF LIABILITY) SHALL APPLY TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW AND SHALL APPLY EVEN IF AN EXCLUSIVE OR LIMITED REMEDY STATED HEREIN FAILS OF ITS ESSENTIAL PURPOSE.
Essential Purpose. The limitation of liability and exclusion of certain damages stated herein shall apply regardless of the failure of the essential purpose of any remedy. The parties specifically acknowledge that these limitations of liability are reflected in the pricing.
Essential Purpose. UNLESS LIMITED OR MODIFIED BY APPLICABLE LAW, THE FOREGOING DISCLAIMERS, EXCLUSIONS AND LIMITATIONS APPLY EVEN IF ANY REMEDY FAILS FOR ITS ESSENTIAL PURPOSE.
Essential Purpose. Customer acknowledges that the terms in this Section 9 (Limitations of Liability) shall apply to the maximum extent permitted by applicable law and shall apply even if an exclusive or limited remedy stated herein fails of its essential purpose.
Essential Purpose. The Leased Property and the financing of the QZAB Program pursuant to this Lease are essential to the District’s efficient and economic operation, serve an essential governmental function of the District and are in the best interests of the District.
Essential Purpose. Sections 9-12 apply regardless of any failure of essential purpose of a limited remedy.
Essential Purpose. Copy any part of the Confidential Information or disclose any part of the Confidential Information to any third party other than Recipient’s employees or consultants who need the information to perform their duties;