Common use of Essential Part of the Bargain Clause in Contracts

Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.

Appears in 5 contracts

Samples: Patent License Agreement (Universal Display Corp \Pa\), Oled Patent License Agreement (Universal Display Corp \Pa\), Oled Patent License Agreement (Universal Display Corp \Pa\)

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Essential Part of the Bargain. The parties Parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.

Appears in 4 contracts

Samples: Oled Technology License Agreement (Universal Display Corp \Pa\), Oled Technology License Agreement (Universal Display Corp \Pa\), Oled Technology License Agreement (Universal Display Corp \Pa\)

Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 8 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.

Appears in 3 contracts

Samples: Oled Technology License Agreement (Universal Display Corp \Pa\), Oled Technology License Agreement (Universal Display Corp \Pa\), Oled Technology License Agreement (Universal Display Corp \Pa\)

Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy remedies to achieve its their essential purpose.

Appears in 2 contracts

Samples: Commercial Supply Agreement (Universal Display Corp \Pa\), Commercial Supply Agreement (Universal Display Corp \Pa\)

Essential Part of the Bargain. The parties Parties acknowledge that the disclaimers and disclaimers, limitations of liability obligations and liabilities and other provisions set forth in this Article 7 6 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.

Appears in 1 contract

Samples: Definitive Agreement (Novaled AG)

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Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 8 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.. Universal Display/Kyocera Confidential

Appears in 1 contract

Samples: Oled Technology License and Technical Assistance Agreement (Universal Display Corp \Pa\)

Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 reflect a deliberate and bargained for allocation of risks between them the parties and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy remedies to achieve its their essential purpose.

Appears in 1 contract

Samples: Commercial Supply Agreement (Universal Display Corp \Pa\)

Essential Part of the Bargain. The parties acknowledge that the disclaimers and limitations of liability set forth in this Article 7 reflect a deliberate and bargained for allocation of risks between them and are intended to be independent of any exclusive remedies available under this Agreement, including any failure of such a remedy to achieve its essential purpose.. Universal Display/Kyocera Confidential

Appears in 1 contract

Samples: Commercial Oled Material Supply Agreement (Universal Display Corp \Pa\)

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