No Implied Liability Sample Clauses

The No Implied Liability clause serves to clarify that a party is not accepting any legal responsibilities or obligations beyond those expressly stated in the contract. In practice, this means that neither party can be held liable for duties or warranties that are not specifically written into the agreement, such as implied warranties of merchantability or fitness for a particular purpose. This clause is essential for limiting risk exposure by ensuring that only the agreed-upon terms govern the parties' responsibilities, thereby preventing unexpected or unintended liabilities from arising.
No Implied Liability. The Participants understand that cooperative efforts and activities under this MOU are considered by the Participants to be facilitated exchange of information only, and not advice or consultancy.
No Implied Liability. Inclusion of a cap on damages in this Agreement shall not create or imply liability for damages that a Party does not otherwise have hereunder.
No Implied Liability. The Parties acknowledge and agree that nothing in this Agreement shall be deemed to be an admission by either of the Parties as to liability or responsibility for any wrongdoing, negligence, breach of duty or other misconduct relating to their respective duties and obligations under the Service Agreement.

Related to No Implied Liability

  • No Implied License Except for the express license in Section 2.1, Intel does not grant any express or implied licenses to you under any legal theory. Intel does not license You to make, have made, use, sell, or import any Intel technology or third-party products, or perform any patented process, even if referenced in the Materials. Any other licenses from Intel require additional consideration. Nothing in this Agreement requires Intel to grant any additional license.

  • No Implied Licenses Except as explicitly set forth in this Agreement, neither Party shall be deemed by estoppel or implication to have granted the other Party any license or other right to any intellectual property of such Party.

  • No Implied Rights Nothing contained in this Section 13.1 shall be construed as obligating a Party to disclose its Confidential Information to the other Party, or as granting to or conferring on a Party, expressly or impliedly, any rights or license to any Confidential Information of the other Party.

  • No Implied Obligations The Warrant Agent shall be obligated to perform only such duties as are herein and in the Warrant Certificates specifically set forth and no implied duties or obligations shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall not be under any obligation to take any action hereunder which may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any duty or responsibility for the use by the Company of any of the Warrant Certificates authenticated by the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds of the Warrant Certificates. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained herein or in the Warrant Certificates or in the case of the receipt of any written demand from a holder of a Warrant Certificate with respect to such default, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or, except as provided in Section 6.2 hereof, to make any demand upon the Company.

  • No Implied Warranties To the extent permitted by law, these warranties are exclusive and there are no other express or implied warranties or conditions, including warranties or conditions of merchantability and fitness for a particular purpose.