Common use of Intentional Risk Allocation Clause in Contracts

Intentional Risk Allocation. PEERLESS and KYOCERA MITA each acknowledges that the provisions of the Agreement were negotiated to reflect an informed voluntary allocation between them of all the risks, both known and unknown associated with the transactions associated with this Agreement. The disclaimers and limitations in this Agreement are intended to limit the circumstances of liability and the forms of relief available.

Appears in 2 contracts

Sources: Master Development Agreement (Peerless Systems Corp), Master Maintenance & Support Agreement (Peerless Systems Corp)