Common use of Limitation on Consequential Damages Clause in Contracts

Limitation on Consequential Damages. In no event will the Collateral Custodian or any of their officers, directors, employees or agents be liable for any consequential, indirect, punitive or special damages regardless of the form of action and regardless of whether the Collateral Custodian or any of their officers, directors, employees or agents were warned of the possibility thereof in advance.

Appears in 33 contracts

Sources: Collateral Custodian Agreement (Carvana Receivables Depositor LLC), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3)

Limitation on Consequential Damages. In no event will the Collateral Custodian or any of their officers, directors, employees or agents be liable for any consequential, indirect, punitive or special damages regardless of the form of action and regardless of whether the Collateral Custodian or any of their officers, directors, employees or agents were warned of the possibility thereof in advance.. 21 CRVNA 2022-P2 Collateral Custodian Agreement

Appears in 2 contracts

Sources: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2)