Common use of Exclusion of Consequential Loss Clause in Contracts

Exclusion of Consequential Loss. ‌ (a) Notwithstanding anything in this Contract (express or implied), in no circumstances whatsoever (including negligence) is a party entitled to recover from the other party any damages for business interruption or loss of actual or anticipated revenue, income or profits or any indirect, consequential, contingent or penal damages whatsoever arising out of, or in respect of, this Contract, with the exception of damages covered under a policy of insurance held by the other party, for which that party’s liability shall be limited to the cover available under such insurance policy. (b) Each party releases the other party from, and indemnifies them and shall keep them indemnified from, any such liability.

Exclusion of Consequential Loss. ‌ (a) Notwithstanding notwithstanding anything in this Contract contract (express or implied), in no circumstances whatsoever (including negligence) is a party entitled to recover from the other party any damages for business interruption or loss of actual or anticipated revenue, income or profits or any indirect, consequential, contingent or penal damages whatsoever arising out of, or in respect of, this Contractcontract, with the exception of damages covered under a policy of insurance held by the other party, for which that party’s liability shall be limited to the cover available under such insurance policy. (b) . Each party releases the other party from, and indemnifies them and shall keep them indemnified from, any such liability.

Exclusion of Consequential Loss. ‌ (a) Notwithstanding anything in this Contract (express or implied), in no circumstances whatsoever (including negligence) is a party entitled to recover from the other party any damages for business interruption or loss of actual or anticipated production, revenue, income or profits or any indirect, consequential, contingent or penal damages whatsoever arising out of, or in respect of, this Contract, with the exception of damages covered recovered under a policy of insurance held by the other party, for which that party’s liability shall be limited to the cover available amount recovered under such insurance policy. (b) . Each party releases the other party from, and indemnifies them and shall keep them indemnified from, any such liability.