No Relief from Liability Clause Samples

The "No Relief from Liability" clause establishes that a party remains responsible for fulfilling its obligations under the contract, regardless of any circumstances that might otherwise excuse performance. In practice, this means that even if there are delays, failures, or other issues—such as force majeure events or third-party actions—the obligated party cannot use these as grounds to avoid liability unless specifically allowed elsewhere in the agreement. This clause ensures that accountability is maintained and prevents parties from escaping their contractual duties due to unforeseen or external factors.
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No Relief from Liability. No provision of this Indenture will be construed to relieve the Trustee from liability for its own negligent act, negligent failure to act, wilful misconduct or bad faith.
No Relief from Liability. No action taken pursuant to this Section 10 shall relieve any Selling Stockholder so defaulting from liability, if any, in respect of such default.
No Relief from Liability. No action taken pursuant to this Section shall relieve any defaulting Underwriter from liability, if any, in respect of such default.
No Relief from Liability. No action taken pursuant to this Section shall relieve the Company from liability, if any, in respect of such default.
No Relief from Liability. No action taken pursuant to this Section 8 shall relieve any defaulting Underwriter from liability, if any, in respect of such default.
No Relief from Liability. No action taken pursuant to this Section 9 shall relieve the Company from liability, if any, in respect of any default hereunder.
No Relief from Liability. No provision of this Agreement will be construed to relieve the Subscription Receipt Agent from liability for its own grossly negligent act, wilful misconduct, fraud or bad faith.
No Relief from Liability. No action taken pursuant to this Section shall relieve any Selling Stockholders so defaulting from liability, if any, in respect of such default.
No Relief from Liability. No action taken pursuant to this Section shall relieve the so defaulting from liability, if any, in respect of such default.
No Relief from Liability. No provision of this Indenture will be construed to relieve the Subscription Receipt Agent from liability for its own negligent act, negligent failure to act, wilful misconduct or bad faith.