Exculpatory Clauses Sample Clauses

Exculpatory Clauses. Agreement by the tenant not to hold the landlord or landlord’s agent liable for any acts or omissions whether intentional or neg- ligent on the part of the landlord or the landlord’s authorized representa- tives or agents.
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Exculpatory Clauses. A. Except for damage resulting from Lessor's negligence, Lessor shall not be liable to Lessee, or to any other person, for any damage occasioned by failure in any electrical, plumbing, gas, water, steam, sprinkler, or other pipe or sewage systems, or by the leaking of any pipes in or about the leased premises and Tower, or for any damage occasioned by water being upon or coming through the roof, or for any damage arising from any acts or neglect of occupants of adjacent property or the public.
Exculpatory Clauses a. Landlord shall not be liable to Tenant or to any other person whatsoever for any damage occasioned by plumbing, gas, water, steam, sprinkler, or other pipe and sewage system, or by the bursting, running, or leaking of any tank, washstand, closet, or water or other pipes, in or about the premises of the building of which they are a part.
Exculpatory Clauses. Nearly every Florida marina storage agreement contains an exculpatory clause. The enforceability of an exculpatory clause mainly depends upon the contract’s wording and the bargaining power of the marina and yacht owner.
Exculpatory Clauses. Example: I hereby release, waive and forever discharge Inland Water Sports, or Camp Cayuga, its owners, directors, officers, employees and its agents from all liability for any and all loss or damage, and any claim or demands therefore on account of injury, death or property damage or loss, now and forever, arising out of or related to participation and/or instruction, activities of any other related diving operations that may occur, whether caused by the negligence of releasees or otherwise. Exculpatory Clauses Example: I hereby agree to release, discharge and hold harmless Southport Marina, its owners, directors, officers, employees and its agents from all liability for any and all loss or damage, and any claim or demands therefore on account of injury, death or property damage or loss, now and forever, arising out of or related to the use of the docks, premises or any other related marina operations that may occur, whether caused by the negligence of releasees or otherwise. Exculpatory Clauses Exculpatory Clauses The benchmark case on the exculpatory clause is Xxxxx v. Inland Waterways Corp., 349 U.S. 85 (1955). There, the U.S. Supreme Court ruled than an exculpatory clause was void because it was contrary to public policy. The Defendant in Xxxxx was a towing company that included in the towing contract a clause that all movement was at the “sole risk” of the Plaintiff. The Court opined that such a clause in towing contracts was unenforceable because, (1) negligence must be discouraged by making wrongdoers pay damages and (2) towing companies have the ability to overreach and drive hard bargains, as well as act as a monopoly, based on the need for their services. Exculpatory Clauses Exculpatory clauses seek to completely absolve a party from liability. There exists a split in circuit courts on whether exculpatory clauses under admiralty law are enforceable. Xxxxxx v. Xxxxxxxxx Xxxxxxxxxx Investments, 334 F.3d 712 (8th Cir. 2003). Because exculpatory clauses are intended to avoid all liability, even for a party’s own fault, they are closely scrutinized by courts and generally considered against public policy. However, if properly drafted, in some circuits they can be enforced, resulting in no recourse against the exculpating party for loss. Exculpatory Clauses The 9th Circuit, in Royal Ins. Co. v. Southwest Marine, 194 F.3d 1009 (9th Cir. 1999) determined Xxxxx applied only to towing contracts and enforced an exculpatory clause, although it noted a party...
Exculpatory Clauses. A parties attempt to absolve itself from all liability. There is a split among U.S. circuits as to the enforceability of such clauses and they are heavily scrutinized. The 11th Circuit, following the Supreme Court’s decision in Xxxxx, will not allow for total exculpation. Other jurisdictions allow such clauses, however, they must be unequivocal and unambiguous. Conclusion
Exculpatory Clauses. A clinical trial agreement cannot contain any language that would eliminate or limit any legal right of a subject.
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Exculpatory Clauses 

Related to Exculpatory Clauses

  • Exculpatory Provisions The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent:

  • Duties of Agent; Exculpatory Provisions (a) The Agent’s duties hereunder are solely ministerial and administrative in nature and the Agent shall not have any duties or obligations except those expressly set forth herein. Without limiting the generality of the foregoing, the Agent:

  • Duties of Administrative Agent; Exculpatory Provisions (a) The Administrative Agent’s duties hereunder and under the other Loan Documents are solely ministerial and administrative in nature and the Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, but shall be required to act or refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the written direction of the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent or any of its Affiliates to liability or that is contrary to any Loan Document or applicable law.

  • Survival of Provisions Upon Invalidity of Any Single Provision In case any provision in this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  • Application of Proceeds; Turnover Provisions All proceeds of Common Collateral (including without limitation any interest earned thereon) resulting from the sale, collection or other disposition of Common Collateral in connection with an Enforcement Action, whether or not pursuant to an Insolvency Proceeding, shall be distributed as follows: first to the First Priority Representative for application to the First Priority Obligations in accordance with the terms of the First Priority Documents, until the First Priority Obligations Payment Date has occurred and thereafter, to the Second Priority Representative for application in accordance with the Second Priority Documents. Until the occurrence of the First Priority Obligations Payment Date, any Common Collateral, including without limitation any such Common Collateral constituting proceeds, that may be received by any Second Priority Secured Party in violation of this Agreement shall be segregated and held in trust and promptly paid over to the First Priority Representative, for the benefit of the First Priority Secured Parties, in the same form as received, with any necessary endorsements, and each Second Priority Secured Party hereby authorizes the First Priority Representative to make any such endorsements as agent for the Second Priority Representative (which authorization, being coupled with an interest, is irrevocable).

  • Severability of Provisions If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.

  • Limitation on Damages IN NO EVENT SHALL ANY PARTY BE LIABLE TO ANY OTHER PARTY FOR ANY LOST PROFITS OR SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, EVEN IF INFORMED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING SHALL BE INTERPRETED AND HAVE EFFECT TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, RULE OR REGULATION.

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