Consequential Damages; Mitigation Sample Clauses

Consequential Damages; Mitigation. Neither Party shall have any obligation to indemnify any Seller Indemnitee or Buyer Indemnitee for (a) any Consequential Damages or (b) any other Damages that are (i) caused, contributed to or exacerbated by the actions of any Buyer Indemnitee (in the case of Seller's indemnification obligations) or any Seller Indemnitee (in the case of Buyer's indemnification obligations) or by the failure of any Buyer Indemnitee (in the case of Seller's indemnification obligations) or any Seller Indemnitee(in the case of Buyer's indemnification obligations) to use all reasonable efforts to mitigate any such Damages, (ii) recovered or recoverable by the Indemnitee from any third party (including insurers) or (iii) offset by tax savings realized on account of such Damages by the Indemnitee or any of its Affiliates.
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Consequential Damages; Mitigation. No Party shall have any obligation --------------------------------- to indemnify or hold harmless any Party for (a) consequential Losses arising out of any interruption of business, loss of profits, loss of use of facilities, loss of goodwill or other direct damages or (b) any other Losses to the extent same are (i) caused, contributed to or exacerbated by the actions of the Indemnified Party, or (ii) recovered by the Indemnified Party under any insurance policy listed on Schedule 3.22(a) and the premiums for which were paid prior to the Transfer Date, or (iii) offset by tax savings realized and received on account of such Losses by the Indemnified Party or any of its Affiliates.
Consequential Damages; Mitigation. None of the Parent and the Seller or the Purchaser shall have any Liability under Section 7.1 or Section 7.2, respectively, with respect to any Consequential Damages and/or under Section 7.1 or Section 7.2, respectively, with respect to any Damages that are (i) recovered by any Indemnitee from any third party (including insurers), or (ii) offset by tax savings actually realized on account of such Damages by any Indemnitee. Any exclusion, recovery or offset contemplated by the immediately preceding sentence shall reduce the amount of Damages suffered by any Indemnitee for all purposes of this Agreement, including Section 7.4(a) and Section 7.4(b) by the amount of such exclusion, recovery or offset and only the reduced amount of Damages shall be applied to the amount specified in Section 7.4(c). If the amount of any Damages suffered by any Indemnitee is reduced, at any time subsequent to any payment in respect thereof by an Indemnifying Party pursuant to Section 7.1 or Section 7.2, as applicable, by recovery from any other third party (including any insurer) or upon the realization of any tax savings on account of such Damages, an amount equal to the amount of such reduction (not to exceed, in any event, the amount so previously paid in respect thereof by the Indemnifying Party) shall promptly be repaid by the Indemnitee to the Indemnifying Party.
Consequential Damages; Mitigation. Neither NPC Group nor Investor shall have any obligation to indemnify any NPC Group Indemnitee or Investor Indemnitee for (a) any Consequential Damages, or (b) any other Damages (i) that are recovered by the Indemnitee from any third party (including insurers), or (ii) to the extent (and as of and not until the time) such Damages are offset by actual tax savings realized on account of such Damages by the Indemnitee or any of its Affiliates.
Consequential Damages; Mitigation. Neither Seller nor --------------------------------- Buyer shall have any obligation to indemnify the other for any damages arising out of any interruption of business, loss of profits, loss of use of facilities, claims of customers, loss of goodwill or other indirect damages, or for damages that are (a) recovered or recoverable from any third party (including any insurer), or (b) offset by tax savings realized on account of such damages by the non-breaching party or any of its Affiliates.
Consequential Damages; Mitigation. Neither the Seller nor the Buyer will have any obligation to indemnify any Buyer Indemnitee or Seller Indemnitee for (a) any Consequential Damages, or (b) any other Losses (i) that are recovered by the indemnitee from any third party (including insurers, subject to the last two sentences of this clause (c)), or (ii) to the extent (and as of and not until the time) such Losses are offset by actual tax savings realized on account of such Losses by the indemnitee or any of its Affiliates. In the event any relevant insurance payment has not been received at the time an amount is due any Buyer Indemnitee or Seller Indemnitee, as the case may be, pursuant to the provisions of Article 7 hereof, then the amount so due shall be paid in full by the Seller or the Buyer, as the case may be. To the extent the Buyer Indemnitee or Seller Indemnitee, as the case may be, receives any payment pursuant to any insurance policies as to a claim with respect to which it has previously received payment from the Seller or the Buyer, as the case may be, hereunder, then in such event the Buyer Indemnitee or Seller Indemnitee, as the case may be, shall promptly reimburse the Seller or the Buyer, as the case may be, for the full amount of any such duplicate payment received.
Consequential Damages; Mitigation. Neither party shall have any obligation to indemnify any party for (a) any consequential Losses arising out of any interruption of business, loss of profits, loss of use of facilities, claims of customers, loss of goodwill or other indirect damages or (b) any other Losses or Expenses to the extent they are (i) caused, contributed to or exacerbated by the actions of any Indemnified Party, (ii) recovered or recoverable by such Indemnified Party from any third party (including insurers) or (iii) offset by 49 tax savings realized on account of such Losses or Expenses by the Indemnified Party or any of its Affiliates.
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Related to Consequential Damages; Mitigation

  • Consequential Damages Waiver EXCEPT FOR A BREACH OF SECTION 4.1 ("CONFIDENTIAL INFORMATION") OF THIS AGREEMENT, IN NO EVENT WILL EITHER PARTY BE LIABLE OR RESPONSIBLE TO THE OTHER FOR ANY TYPE OF INCIDENTAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING, BUT NOT LIMITED TO, LOST REVENUE, LOST PROFITS, REPLACEMENT GOODS, LOSS OF TECHNOLOGY, RIGHTS OR SERVICES, LOSS OF DATA, OR INTERRUPTION OR LOSS OF USE OF SERVICE OR EQUIPMENT, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER ARISING UNDER THEORY OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE.

  • Consequential Damages Neither party to this Agreement shall be liable to the other party for special, indirect or consequential damages under any provision of this Agreement or for any special, indirect or consequential damages arising out of any act or failure to act hereunder.

  • No Consequential Damages Neither party shall be liable to the other for any consequential damages proximately caused or resulting from any breach of this Agreement or arising out of the performance of this Agreement, and each party hereby expressly waives such damages.

  • Punitive Damages The Administrative Agent, the Lenders and the Borrower hereby agree that no such Person shall have a remedy of punitive or exemplary damages against any other party to a Loan Document and each such Person hereby waives any right or claim to punitive or exemplary damages that they may now have or may arise in the future in connection with any Dispute, whether such Dispute is resolved through arbitration or judicially.

  • Waiver of Consequential Damages, Etc To the fullest extent permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction.

  • Exclusion of Consequential Damages In no event shall the Company be liable for any punitive, exemplary or other special damages, or for any indirect, incidental or consequential damages (including lost profits or lost business opportunity), in each case arising under or in relation to this Agreement (including with respect to the performance or non-performance of any Services), whether arising under breach of contract, tort or any other legal theory, and regardless of whether the Company has been advised of, knew of, or should have known of the possibility of such damages. In no event shall this Article VI be deemed to have failed of its essential purpose.

  • INDIRECT/SPECIAL/CONSEQUENTIAL DAMAGES Notwithstanding any other provision set forth herein, in no event shall the Custodian be liable for any special, indirect, incidental, punitive or consequential damages of any kind whatsoever (including, without limitation, lost profits) with respect to the services provided pursuant to this Agreement, regardless of whether either party has been advised of the possibility of such damages.

  • Limitation on Consequential Damages EXCEPT IN THE EVENT OF SELLER’S INTENTIONAL MISREPRESENTATION, NEITHER PARTY WILL HAVE ANY OBLIGATION OR LIABILITY (WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, AND NOTWITHSTANDING ANY FAULT, NEGLIGENCE (WHETHER ACTIVE, PASSIVE OR IMPUTED), REPRESENTATION, STRICT LIABILITY OR PRODUCT LIABILITY), FOR COVER OR FOR ANY INCIDENTAL, INDIRECT OR CONSEQUENTIAL, MULTIPLIED, PUNITIVE, SPECIAL, OR EXEMPLARY DAMAGES OR LOSS OF REVENUE, PROFIT, SAVINGS OR BUSINESS ARISING FROM OR OTHERWISE RELATED TO THIS AGREEMENT, EVEN IF A PARTY OR ITS REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE PARTIES ACKNOWLEDGE THAT THESE EXCLUSIONS OF POTENTIAL DAMAGES WERE AN ESSENTIAL ELEMENT IN SETTING CONSIDERATION UNDER THIS AGREEMENT.

  • No Consequential or Punitive Damages Neither Party hereto (or any of their respective Affiliates) shall, under any circumstance, be liable to the other Party (or its Affiliates) for any consequential, exemplary, special, indirect, incidental or punitive damages claimed by such other Party under the terms of or due to any breach of this Agreement, including, but not limited to, loss of revenue or income, cost of capital, or loss of business reputation or opportunity.

  • Waiver of Consequential Damages To the fullest extent permitted by applicable Law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, the Related Documents or any agreement or instrument contemplated hereby or thereby, the transactions contemplated hereby or thereby, any Term Loan or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents, the Related Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction.

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