NO LIABILITY UPON TERMINATION. Except as specifically provided herein, none of the parties hereto shall be liable by reason of termination of the Term to the other parties hereto for compensation, reimbursement or damages on account of the loss of prospective profits on anticipated sales or on account of expenditures, investments, or leases of Licensor, Licensee, Sublicensee or otherwise. Each party covenants and agrees that it shall not file suit or bring an action seeking to impose such liability or recover damages for any such claims.
Appears in 2 contracts
Sources: Technology License Agreement (IQ Micro Inc.), Technology License Agreement (IQ Micro Inc.)