Common use of Disclaimer of Liabilities Clause in Contracts

Disclaimer of Liabilities. Except for breach of any confidentiality provisions hereof, no Party to this Letter 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 the negotiations among the parties are terminated as provided in Section 8. Except to the extent otherwise provided in any definitive agreement entered into by the Parties, each Party shall be solely responsible for its own expenses, legal fees and consulting fees related to the negotiations described in this Letter, whether or not any of the transactions contemplated in this Letter are consummated.

Appears in 2 contracts

Samples: Acquisition Agreement (Entest Biomedical, Inc.), Letter of Intent (JB Clothing Corp)

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Disclaimer of Liabilities. Except for breach of any confidentiality provisions hereof, no Party to this Letter 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 the negotiations among the parties are terminated as provided in Section 83. Except to the extent otherwise provided in any definitive agreement entered into by the Partiesparties, each Party shall be solely responsible for its own expenses, legal fees and consulting fees related to the negotiations described in this Letter, whether or not any of the transactions contemplated in this Letter are consummated.

Appears in 2 contracts

Samples: Letter of Intent (Bio-Matrix Scientific Group, Inc.), Letter of Intent (Bio-Matrix Scientific Group, Inc.)

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