Common use of Intentional Risk Allocation Clause in Contracts

Intentional Risk Allocation. Each party acknowledges that the provisions of this Agreement were negotiated, as a material part of the agreement memorialized herein, to reflect an informed, voluntary allocation between them of all risks (both known and unknown) associated with the transactions involved with this Agreement. The warranty disclaimers and limitations in this Agreement are intended, and have as their essential purpose, to limit the circumstances of liability. The remedy limitations and the limitations of liability are separately intended, and have as their essential purpose, to limit the forms of relief available to the parties.

Intentional Risk Allocation. Each party of the Parties acknowledges that the provisions of this Agreement were negotiated, as a material part of the agreement memorialized herein, negotiated to reflect an informed, voluntary allocation between them of all risks (both known and unknown) associated with the transactions involved associated with this Agreement. The warranty disclaimers and limitations in this Agreement are intended, and have as their essential purpose, intended to limit the circumstances of liability. The remedy limitations limitations, and the limitations of liability liability, are separately intended, and have as their essential purpose, intended to limit the forms of relief available to the partiesParties.

Intentional Risk Allocation. Each party acknowledges that the provisions of this Agreement agreement were negotiated, as a material part of the agreement memorialized herein, negotiated to reflect an informed, voluntary allocation between them of all risks (both known and unknown) associated with the transactions involved associated with this Agreementagreement. The warranty disclaimers and limitations in this Agreement agreement are intended, and have as their essential purpose, intended to limit the circumstances of liability. The remedy limitations limitations, and the limitations of liability liability, are separately intended, and have as their essential purpose, intended to limit the forms of relief available to the parties.