Exercise of Buyer’s Rights. It is hereby acknowledged (for the avoidance of doubt) that none of the provisions of this Clause 5 or the exercise or failure to exercise by the Buyer of its rights thereunder, shall give rise to any liability on the part of the Buyer or any of its employees, consultants or representatives or any person connected with it (except to the extent that any losses or damages to the Seller are caused by the Buyer’s gross negligence or wilful misconduct in respect of the exercise of the Buyer’s right under Clause 5.1.2).
Appears in 2 contracts
Samples: Assets Purchase Agreement (CDC Corp), Assets Purchase Agreement (CDC Corp)
Exercise of Buyer’s Rights. It is hereby acknowledged (for the avoidance of doubt) that none of the provisions of this Clause 5 or the exercise or failure to exercise by the Buyer of its rights thereunder, shall give rise to any liability on the part of the Buyer or any of its employees, consultants or representatives or any person connected with it (except to the extent that any losses or damages to the Seller are caused by the Buyer’s gross negligence or wilful misconduct in respect of the exercise of the Buyer’s right under Clause 5.1.25.1.1.).
Appears in 1 contract
Samples: Assets Purchase Agreement (CDC Corp)
Exercise of Buyer’s Rights. It is hereby acknowledged (for the avoidance of doubt) that none of the provisions of this Clause 5 or the exercise or failure to exercise by the Buyer of its rights thereunder, shall give rise to any liability on the part of the Buyer or any of its employees, consultants or representatives or any person connected with it (except to the extent that any losses or damages to the Seller or the Company are caused by the Buyer’s gross negligence or wilful misconduct in respect of the exercise of the Buyer’s right rights under Clause 5.1.2)) .
Appears in 1 contract
Samples: Share Purchase Agreement (CDC Corp)