Common use of Indemnification Exclusive Clause in Contracts

Indemnification Exclusive. The foregoing indemnification provisions are exclusive, and in lieu of any statutory, equitable or common law remedy any party may have for breach of representation, warranty, covenant or agreement, all of which are hereby irrevocably waived and relinquished to the maximum legal effect.

Appears in 3 contracts

Samples: Subscription Agreement (Advanced Photonix Inc), Subscription Agreement (Advanced Photonix Inc), Subscription Agreement (Advanced Photonix Inc)

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Indemnification Exclusive. The Excepting fraud or willful misconduct, the foregoing indemnification provisions are exclusive, and in lieu of any statutory, equitable or common law remedy any party may have for breach of representation, warranty, covenant or agreementagreement hereunder, all of which are hereby irrevocably waived and relinquished to the maximum legal effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Advanced Photonix Inc)

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Indemnification Exclusive. The foregoing indemnification provisions are exclusive, and in lieu of any statutory, equitable or common law remedy any party may have for breach of representation, warranty, covenant or agreementagreement hereunder, all of which are hereby irrevocably waived and relinquished to the maximum legal effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Advanced Photonix Inc)

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