Common use of Limitation of Owner’s Liability Clause in Contracts

Limitation of Owner’s Liability. Except as otherwise expressly set forth in this Contract, in no event shall Owner be liable to the Contractor for any loss or damages related to, occasioned by, arising out of, resulting from or attributable to any termination of this Contract or any termination by Owner of the employment of the Contractor as to all or any portion of the Services in whole or in part (including, without limitation, loss of profit, loss of revenue or loss of anticipated business or consequential, exemplary or punitive damages). Additionally, in no event shall Owner be liable for any penalties or fines in any amount or of any nature or description.