Indirect or Consequential Losses Clause Samples
The Indirect or Consequential Losses clause limits or excludes a party’s liability for losses that do not arise directly from a breach of contract, but instead result as secondary effects, such as lost profits or reputational damage. In practice, this clause typically specifies that neither party will be responsible for damages that are not a direct and foreseeable result of their actions, even if such losses are significant. Its core function is to allocate risk by preventing potentially unlimited liability for unforeseeable or remote damages, thereby providing greater certainty and fairness in contractual relationships.
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Indirect or Consequential Losses. Notwithstanding any provision of this Agreement to the contrary, the Agents shall not in any event be liabile for indirect or consequential loss or damage of any kind whatsoever incurred by the Issuer.
Indirect or Consequential Losses. Notwithstanding anything to the contrary contained in this Article 15, the indemnities herein provided shall not include any claim or recovery in respect of any cost, expense, loss or damage of an indirect or consequential nature expect as expressly provided in this Agreement.
Indirect or Consequential Losses. Notwithstanding anything to the contrary contained in this Agreement, in no event shall any Party, its officers, employees or agents be liable to the other Party for any matter arising out of or in connection with this Agreement in respect of any indirect or consequential loss, including loss of profit, suffered by such other Party.
Indirect or Consequential Losses. No member of the Seller’s Group shall be liable under this Agreement or any other agreement entered into in connection with this Agreement in respect of any loss of profits, loss of contract, loss of business, loss of anticipated savings or any special, indirect or consequential loss.
Indirect or Consequential Losses. No member of the Retained Group shall be liable under this Agreement (other than the Sellers’ Warranties made under paragraphs 1.1, 4.1.4, 16 and 17 of Schedule 12) or under the Tax Indemnity in respect of any indirect or consequential losses.
Indirect or Consequential Losses. No Obligor shall be liable under this part of this Schedule in respect of any indirect or consequential losses.
Indirect or Consequential Losses. The Seller shall not be liable for any indirect or consequential losses, loss of profits or goodwill or damages calculated on a multiple valuation theory or any reputational, punitive or aggravated damages.
Indirect or Consequential Losses. Notwithstanding anything contained herein, neither Party shall be liable to the other, whether in contract, tort or otherwise, for any claim for indirect, punitive, special, incidental or consequential losses/damages in connection with or related to this Agreement (including loss of profits, savings, use, data or any other economic advantage) howsoever arising and whether or not advised of the possibility of such loss. *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. /s/ ▇▇▇▇▇ ▇▇▇▇▇ Kamaruzaman /s/ Dato’ Kho ▇▇▇ ▇▇▇▇ Director President Date : 15th December 2009 Date : 15th December 2009 /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Ramly Director Date : 15th December 2009 *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Indirect or Consequential Losses. Neither Party under this Agreement shall be responsible/liable to the other party in contract, tort, warranty, strict liability or any other legal theory for indirect, incidental, punitive, or consequential loss or damage or loss of profit resulting from the performance of obligations or the exercise of rights under or pursuant to the Agreement.
Indirect or Consequential Losses. Neither party is liable to the other for any Indirect Loss arising out of or in connection with this Agreement except to the extent expressly stated otherwise in this Agreement. The Customer indemnifies Uecomm for any damage, loss, liability, cost, charge, expense, outgoing or payment suffered or incurred by Uecomm (including legal costs incurred on a full indemnity basis) arising out of or in connection with any act or omission of:
(a) the Customer, its officers, employees and agents;
(b) any third party under the control of the Customer; or
(c) any End Users who utilise the Services, where any such act or omission arises out of or is in connection with this Agreement or the provision of the Services, unless it is directly attributable to any negligent act or omission of Uecomm.