Common use of Agents not liable Clause in Contracts

Agents not liable. Notwithstanding anything to the contrary in this Agreement and/or the Conditions, the Agents shall not be liable to any person for any matter or thing done or omitted in any way in connection with this Agreement save in relation to its own material breach of its undertakings and agreements of this Agreement or its own negligence, wilful default or fraud. The Agents shall not be liable for any loss caused by events beyond their reasonable control including but not limited to any malfunction, interruption of or error in the transmission of information caused by any machines or system or interception of communication facilities, abnormal operating conditions, epidemic or acts of God. The Agents shall have no liability whatsoever for any consequential, special, indirect or speculative loss or damages (including, but not limited to, loss of profits, opportunity and goodwill whether or not foreseeable) suffered by the Issuer in connection with the transactions contemplated by and the relationship established by this Agreement even if the Agents have been advised as to the possibility of the same and regardless of whether the claim for loss or damage is made in negligence, breach of contract, duty or otherwise. These provisions will override all other provisions of this Agreement.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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