Incidental & Consequential Damage Sample Clauses

The Incidental & Consequential Damage clause limits or excludes a party’s liability for damages that are not a direct result of a breach, such as lost profits, business interruption, or other indirect losses. In practice, this means that if one party fails to meet its contractual obligations, the other party cannot claim compensation for losses that are secondary or arise as a consequence of the breach, rather than from the breach itself. This clause serves to allocate risk between the parties and provides predictability by capping exposure to potentially large and unforeseeable claims.
Incidental & Consequential Damage. OUR and the ADMINISTRATOR’S liability for incidental and consequential damages is expressly excluded herein. Incidental and consequential damage is including, but not limited to, property damage, loss of use of the VEHICLE, loss of time, inconvenience, or commercial loss resulting from the operation, maintenance and/or use of the VEHICLE.
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Related to Incidental & Consequential Damage

  • Incidental and Consequential Damages Contractor shall be responsible for incidental and consequential damages resulting in whole or in part from Contractor’s acts or omissions. Nothing in this Agreement shall constitute a waiver or limitation of any rights that City may have under applicable law.

  • Consequential Damages Neither party to this Agreement shall be liable to the other party for special, indirect or consequential damages under any provision of this Agreement or for any special, indirect or consequential damages arising out of any act or failure to act hereunder.

  • No Consequential Damages Other than the Liquidated Damages heretofore described and the indemnity obligations set forth in Article 18.1, in no event shall any Party be liable under any provision of this Agreement for any losses, damages, costs or expenses for any special, indirect, incidental, consequential, or punitive damages, including but not limited to loss of profit or revenue, loss of the use of equipment, cost of capital, cost of temporary equipment or services, whether based in whole or in part in contract, in tort, including negligence, strict liability, or any other theory of liability; provided, however, that damages for which a Party may be liable to another Party under separate agreement will not be considered to be special, indirect, incidental, or consequential damages hereunder.

  • Exclusion of Consequential Damages ‌ Notwithstanding anything contained herein to the contrary, neither Party will be liable under this Agreement or under any cause of action relating to the subject matter of this Agreement for any special, indirect, incidental, punitive, exemplary or consequential damages, including loss of profits, loss of use of any property or claims of customers or contractors of the Parties for any such damages.

  • Liability for Incidental and Consequential Damages Contractor shall be responsible for incidental and consequential damages resulting in whole or in part from Contractor’s acts or omissions.