Common use of Damage to Licensee’s Equipment Clause in Contracts

Damage to Licensee’s Equipment. In the event of any damage to Licensee’s Equipment, Licensor shall have no liability or responsibility to repair the same unless such damage arose from the willful and wanton misconduct of Licensor, its employees, agents, or contractors; provided, however, in such case, Licensor’s liability shall be limited to the cost to repair or replace the same.

Damage to Licensee’s Equipment. In the event of any damage to Licensee’s Equipment, Licensor shall have no liability or responsibility to repair the same unless such damage arose from the Licensor’s negligence or willful and wanton misconduct of Licensor, its employees, agents, or contractors; provided, however, in such case, Licensor’s liability shall be limited to the cost to repair or replace the same, subject to Section 7. Any claims by Licensee must be processed through Licensor’s Risk Management department.