Common use of Exclusion of Certain Losses Clause in Contracts

Exclusion of Certain Losses. Neither party is liable for: (a) indirect or consequential loss; (b) loss of profit (but this does not include any profit element in the Fees or Charges); (c) loss of anticipated savings or for business interruption, (d) damage to reputation unless caused by wilful act; or (e) for special damages whether direct or indirect even if, in any case, it was known the risk might arise.