Common use of General Liability Clause in Contracts

General Liability. The liability of the parties hereunder is limited to direct damages only and all other remedies or damages are waived. In no event shall either party be liable for consequential, incidental, punitive, or indirect damages, in tort, contract or otherwise. THIS CONTRACT SHALL BE BINDING UPON and shall enure to the benefit of the parties hereto and their respective successors and permitted and lawful assigns.

Appears in 50 contracts

Samples: Transportation and Producer Balancing Service Contract, Storage Contract, Transportation and Producer Balancing Service Contract

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General Liability. The liability of the parties hereunder is limited to direct damages only and all other remedies or damages are waived. In no event shall either party be liable for consequential, incidental, punitive, or indirect damages, in tort, contract or otherwise. THIS CONTRACT SHALL BE BINDING UPON and shall enure to the benefit of the parties hereto and their respective successors and permitted and lawful assigns.

Appears in 23 contracts

Samples: Transportation and Producer Balancing Service Contract, Transportation and Producer Balancing Service Contract, High Deliverability Storage Contract

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