No Guarantee or Liability Sample Clauses

The "No Guarantee or Liability" clause serves to limit or exclude the responsibility of one party for certain outcomes, damages, or failures related to the agreement. Typically, this clause clarifies that the party providing goods, services, or information does not guarantee specific results or assume liability for losses that may arise from their use. For example, a software provider may state they are not liable for data loss or system downtime. The core function of this clause is to allocate risk by protecting the provider from legal claims and financial responsibility for issues beyond their control, thereby ensuring clarity about the extent of their obligations.
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No Guarantee or Liability. Neither the Company nor any of its Affiliates nor the Board or Committee makes any commitment or guarantee that: (a) any federal or state tax treatment will apply or be available to any person eligible for the Restricted Stock; or (b) the Common Stock will not suffer from loss or depreciation. The Company, its Affiliates, the Board and the Committee shall not be liable for any act, omission or determination taken or made in good faith with respect to this Agreement or the Restricted Stock granted hereunder.
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Related to No Guarantee or Liability

  • No Guarantee Each Party shall carry out the tasks assigned to it in this Project and this Agreement with care and diligence. Nevertheless, no guarantee is given that any expected Results will be achieved, or that Results are fit for any particular purpose, or that Results generated in the Project do not infringe rights of third parties, or that patent applications result in granted patents. Parties shall not create or develop any technology for the Project that knowingly infringes any third party intellectual property rights. For the avoidance of doubt, neither Parties’ obligations in this respect comprise conducting patent searches.

  • No Guarantee of Service This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.

  • No Guaranty Nothing set forth in this Section 4.02 constitutes a guarantee by Company that the Aircraft at any time will have any particular value, useful life or residual value.

  • No Guaranties The Lessee shall not assume, guarantee, endorse, contingently agree to purchase or otherwise become directly or contingently liable (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise to invest in any debtor or otherwise to assure any creditor against loss) in connection with any Indebtedness of any other Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

  • No Guarantee of Placement, Etc The Company acknowledges and agrees that (A) there can be no assurance that the Agent will be successful in placing Shares; (B) the Agent will incur no liability or obligation to the Company or any other Person if it does not sell Shares; and (C) the Agent shall be under no obligation to purchase Shares on a principal basis pursuant to this Agreement, except as otherwise specifically agreed by the Agent and the Company.