Common use of Limits on Damages Clause in Contracts

Limits on Damages. The Guarantor and Motorola agree that they shall not have a remedy of punitive or exemplary damages against the other in any dispute and hereby waive any right or claim to punitive or exemplary damages they have now or which may arise in the future in connection with any dispute.

Appears in 3 contracts

Sources: Unconditional Guaranty (Brightstar Corp.), Unconditional Guaranty (Brightstar Corp.), Unconditional Guaranty (Brightstar Corp.)