Common use of Indemnity and Limitation of Liability Clause in Contracts

Indemnity and Limitation of Liability. 4.1 Each Party hereto, agrees to indemnify, defend and hold harmless the other Party against any loss, liability, damages, claims and costs, which each such Party may sustain by reason of negligence and/or breach of the terms and conditions hereof committed by the other Party hereto or its representatives. The aggrieved Party shall be entitled to enforce its/his/her indemnity rights by injunction or other equitable relief in any competent court of law in Sri Lanka. 4.2 The Client/s agrees/s that the Stockbroker Firm will not be liable for any losses arising out of or relating to any cause which is beyond the control of the Stockbroker Firm.

Appears in 8 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Indemnity and Limitation of Liability. 4.1 5.1 Each Party hereto, agrees to indemnify, defend and hold harmless the other Party against any loss, liability, damages, claims and costs, which each such Party may sustain by reason of negligence and/or breach of the terms and conditions hereof committed by the other Party hereto or its representatives. The aggrieved Party shall be entitled to enforce its/his/her indemnity rights by injunction or other equitable relief in any competent court of law in Sri Lanka. 4.2 5.2 The Client/s agrees/s Client agrees that the Stockbroker Firm will shall not be liable for any losses arising out of or relating to any cause which is beyond the control of the Stockbroker Firm.

Appears in 2 contracts

Sources: Stockbroker Agreement, Brokerage Agreement