Common use of Exemption of Liability and Indemnification Clause in Contracts

Exemption of Liability and Indemnification. 4.1 The Parties acknowledge that in no event will the WFOE be liable in any way to other Parties or any third party or make any economic or other compensation with respect to the exercise by the person designated by it of the Powers.

Exemption of Liability and Indemnification. 4.1 The Parties acknowledge that in no event will the WFOE be liable in any way to other Parties or any third party or make any economic or other compensation with respect to the exercise by the person designated by it of the PowersPowers according to its instruction and indication of intent.