Common use of Remedies and Liability Clause in Contracts

Remedies and Liability. 5.1 PARTICIPANT recognises and agrees that remedies at law for breach of the provisions of this Agreement will be inadequate and that the DISCLOSING PARTICIPANT shall, in addition to any other rights which it might have, be entitled to seek injunctive relief. 5.2 ETSI shall not be liable for any breach of another PARTICIPANT’s obligations hereunder. PARTICIPANT agrees that ETSI will not be liable for any inadvertent disclosure of CONFIDENTIAL INFORMATION which has been brought to the attention of ETSI provided it has fulfilled its obligations set out above in Article 2 and 3. 5.3 If any action is brought against ETSI for any breach of its obligations hereunder, PARTICIPANT agrees that the sole and exclusive remedy for any and all such actions brought by PARTICIPANT against ETSI shall not exceed in the aggregate ten thousand EURO (€ 10.000,00). For avoidance of doubt such limitation will not apply in case of breach of the obligations of a RECEIVING PARTICIPANT towards a DISCLOSING PARTICIPANT.

Appears in 5 contracts

Sources: Non Disclosure Agreement (Nda), Non Disclosure Agreement (Nda), Non Disclosure Agreement (Nda)