Indirect losses and liability cap Sample Clauses

Indirect losses and liability cap. The Parties' liability towards each other in connection with the performance or non - performance of the obligations following from the Contract shall be determined in accord- ance with the general rules of Danish law. However, the Parties shall not be held liable for indirect losses, including in particular loss of profits, loss of trade, loss of savings, loss of income and loss of goodwill. The Supplier's liability, however, shall be limited to a maximum of 100 (one-hundred) % of the Contract Price. The liability cap shall not include Liquidated Damages or product liability for personal injury.
Sample 1
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Indirect losses and liability cap. The Parties' liability towards each other in connection with the performance or non-performance of the obligations following from the Contract shall be determined in accordance with the general rules of Danish law. However, the Parties shall not be held liable for indirect losses, including in particular loss of profits, loss of trade, loss of savings, loss of income and loss of goodwill, cf. however clause 3.7.2, last paragraph. The Lessor's liability, however, shall be limited to a maximum amount equivalent to DKK 200 million. The liability cap shall not include Penalties paid in accordance with clause 1.13.1. In regards to property damage the liability cap shall apply to product liability that exceeds the insurance coverage. The liability cap shall neither apply to personal injury nor in case of the Lessor’s non- performance of its obligation to take out product liability insurance in accordance with clause 1.15. The Lessor’s liability cap shall not apply in case of wilful misconduct or gross negligence.
Sample 1
Indirect losses and liability cap. The Parties' liability towards each other in connection with the performance or non - performance of the obligations following from the Contract shall be determined in accord- ance with the general rules of Danish law. However, the Parties shall not be held liable for indirect losses, including in particular loss of profits, loss of trade, loss of savings, loss of income and loss of goodwill. The Supplier's liability, however, shall be limited to a maximum of 100 (one-hundred) % of the total Contract Price as stated in clause 4. The liability cap shall not include Liqui- dated Damages or product liability for personal injury. With respect to property damage the liability cap shall apply to product liability that e x- ceeds the insurance coverage. The liability cap shall neither apply to personal injury nor
Sample 1
Indirect losses and liability cap. The Parties' liability towards each other in connection with the performance or non - performance of the obligations following from the Contract shall be determined in accord- ance with the general rules of Danish law. However, the Parties shall not be held liable for indirect losses, including in particular loss of profits, loss of trade, loss of savings, loss of income and loss of goodwill, cf. however clause 4.8.2, last paragraph. The Supplier's liability, however, shall be limited to a maximum of 100 (one-hundred) % of the Contract Price. The liability cap shall not include Liquidated Damages or penalty paid in accordance with clause 2.6.5 or product liability. In regards to property damage the liability cap shall apply to product liability that ex- ceeds the insurance coverage. The liability cap shall neither apply to personal injury nor in case of the Supplier’s non-performance of its obligation to take out product liability insurance in accordance with clause 4.11. The Supplier’s liability cap shall not apply in case of wilful misconduct or gross negli- gence.
Sample 1

Related to Indirect losses and liability cap

  • Indirect Loss 31.12.1 Neither Party will be liable to the other Party for any Indirect Loss or indirect damage.

  • Liability for other losses, damages etc Save and except as expressly provided in this Article, neither Party hereto shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, cost, expense, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure Event.

  • Liability for loss or damage Subject to the provisions of the Occupiers Liability Act 1957 and the Defective Premises Act 1972, we shall not in any circumstances incur any liability in respect of loss or damage to any person or property or otherwise, unless the loss or damage was caused by our negligence.

  • Compensation for Damages and Losses Investors of either Contracting Party whose investments suffer losses in the territory of the other Contracting Party owing to war or other armed conflict, revolution, a state of national emergency or revolt, shall be accorded treatment by such other Contracting Party not less favourable than that which the latter Contracting Party accords to its own investors or to investors of any third State as regards restitution, indemnification, compensation or other valuable consideration.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.

  • Consequential Losses In no event shall either party be liable to the other for loss of profits or incidental, consequential, or liquidated damages of any nature arising from or in connection with this Agreement.

  • Special Damages NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT TO THE CONTRARY, AND EXCEPT AS PROVIDED BELOW, IN NO EVENT WILL EITHER PARTY OR ANY PERSON IN ITS GROUP BE LIABLE FOR SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS SUFFERED BY AN INDEMNITEE, HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, IN CONNECTION WITH ANY DAMAGES ARISING HEREUNDER OR THEREUNDER; PROVIDED, HOWEVER, THAT TO THE EXTENT AN INDEMNIFIED PARTY IS REQUIRED TO PAY ANY DAMAGES, INCLUDING SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS (OTHER THAN DAMAGES OR LOST PROFITS CONSTITUTING EXCLUDED LIABILITIES), TO A PERSON WHO IS NOT IN EITHER GROUP IN CONNECTION WITH A THIRD PARTY CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND WILL NOT BE SUBJECT TO THE LIMITATION SET FORTH IN THIS SECTION 11.17.

  • Actual Damages Contractor is liable to CMHA for all actual and direct damages caused by Contractor’s default. In the event Contractor fails to provide services or material as provided for in the Contract Documents, CMHA may substitute the services and/or material from a third party. CMHA may recover the costs associated with acquiring substitute services and/or materials, less any expense or costs saved by Contractor’s default, from Contractor.

  • Liability for Damages 1. The Purchaser shall be liable for any damages sustained by the State arising from Purchaser’s breach of the terms of this Contract and the State may cause all or part of the performance bond to be forfeited to recover such damages.

  • No Liability for Consequential Loss Except as otherwise expressly provided in Clauses 12.8 and 19.3(b), neither Party shall in any circumstances be liable to the other for (and the indemnities in Clauses 14.1 and 14.2 shall not extend to) any Consequential Loss.

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