Consequential Loss Exclusion Sample Clauses
A Consequential Loss Exclusion clause serves to limit a party's liability by excluding responsibility for indirect or consequential losses arising from a contract breach. In practice, this means that damages such as lost profits, loss of business opportunities, or reputational harm—losses that do not flow directly from the breach but are secondary effects—are not recoverable under the agreement. The core function of this clause is to allocate risk by preventing potentially large and unpredictable claims for damages that extend beyond the immediate and direct consequences of a contractual failure.
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Consequential Loss Exclusion. Subject always to Clause 17.2 (Exceptions to Limitations), in no event shall either Party be liable to the other for:
17.4.1 consequential loss or damage; and/or
17.4.2 loss of profit, loss of goodwill, or loss of anticipated savings.
Consequential Loss Exclusion. Subject to cl 8.4, a party is not liable for any Consequential Loss suffered or incurred by the other party in connection with this Agreement.
Consequential Loss Exclusion. Subject to Section 33.2, no Party shall be liable to any other Party under the Agreement for Consequential Loss, with the exception of Consequential Loss incurred by a Rio Tinto Parry for which Supplier is otherwise liable under the Agreement and is required to be insured under an insurance policy pursuant to Article 32. If Supplier is required to be insured for its liability to a Rio Tinto Party referred to in the preceding sentence, then Supplier’s liability for any such Consequential Loss shall be limited to the amount of insurance Supplier is required to carry as set forth in Article 32.
Consequential Loss Exclusion. Neither party shall be liable (whether under the Contract or in tort) for any form of indirect loss.
Consequential Loss Exclusion. (a) Neither Party shall be liable to the other for lost profits or business, loss of goodwill or damage to reputation, increased overheads or any costs or expenses incurred, loss of production, or any other indirect, consequential, special, incidental, exemplary or punitive damages or loss, whether based in contract or tort (including negligence, strict liability or otherwise) whether or not either Party has been advised of the possibility of such damages or loss (Consequential Loss) under this Agreement.
Consequential Loss Exclusion. Subject always to Clause 17.2 (Exceptions to Limitations), in no event shall either Party be liable to the other for: consequential loss or damage; and/or loss of profit, loss of goodwill, or loss of anticipated savings. The provisions of Clause 17.4 (Consequential Loss Exclusion) shall not limit or exclude the right of either Party to claim from the other party for additional operational and administrative costs and expenses resulting from the Default of the other Party. 18IPR Indemnity To the extent that this Clause 18 (IPR Indemnity) conflicts with the indemnity granted in Clause 18 (Intellectual property rights) of the Conditions, this Clause18 (IPR Indemnity) takes precedence.