Common use of Disclaimer of Liabilities Clause in Contracts

Disclaimer of Liabilities. No party to this Letter of Intent shall have any liability to any other party for any liabilities, losses, damages (whether special, incidental or consequential), costs, or expenses incurred by the party in the event either party decides to terminate this Letter as provided in paragraph 17. Each party shall be solely responsible for its own expenses, legal fees and consulting fees related to their respective obligations of this Letter of Intent, whether or not any of the transaction contemplated in this Letter of Intent is consummated.

Appears in 4 contracts

Samples: Letter of Intent (Mount Knowledge Holdings, Inc.), Letter of Intent (Mount Knowledge Holdings, Inc.), Letter of Intent (Mount Knowledge Holdings, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!