Common use of LIMITATION OF LIABLITY Clause in Contracts

LIMITATION OF LIABLITY. In no event will C-DAC or SP be liable to the other party for any incidental, consequential, special, and exemplary or direct or indirect damages, or for lost profits, lost revenues, or loss of business arising out of the subject matter of this MOU, regardless of the cause of action, even if the party has been advised of the likelihood of damages.

LIMITATION OF LIABLITY. In no event will C-DAC or SP <Second Party> be liable to the other party for any incidental, consequential, special, and exemplary or direct or indirect damages, or for lost profits, lost revenues, or loss of business arising out of the subject matter of this MOU, regardless of the cause of action, even if the party has been advised of the likelihood of damages.