Common use of Exclusivity of Remedy Clause in Contracts

Exclusivity of Remedy. The indemnification provided in this Article 15 shall be the exclusive remedy of the Sellers’ Retained Group Companies against the Buyer under this Agreement or in respect of the subject matter covered by the representation or warranties of the Buyer contained herein, the Transferred Assets or the Transferred Liabilities and, except in the case of fraud or willful misconduct (dol), General Motors hereby waives any rights to rescission it may have.

Exclusivity of Remedy. The indemnification provided in this Article 15 14 shall be the exclusive remedy of the Buyer against General Motors or the Sellers’ Retained Group Companies against the Buyer under this Agreement or in respect of the subject matter covered by the representation or representations and warranties of the Buyer General Motors contained hereinherein (unless provided in ‎Article 16), the Transferred Assets or the Transferred Liabilities and, except in the case of fraud or willful misconduct (dol), General Motors the Buyer hereby waives any rights to rescission it may have.