Common use of Liability and Damages for Other Activities Clause in Contracts

Liability and Damages for Other Activities. In the case of Claims other than those outlined in Subsection III.I.3(a), Dealership’s damages under this Agreement are expressly limited to the lesser of: i. the actual dollar amount of Dealership’s economic or financial loss; or ii. reasonable dollar amount of lost future profits for not more than two (2) years from the accrual date of the Claim.

Appears in 2 contracts

Samples: Inventory Financing and Security Agreement (Vroom, Inc.), Inventory Financing and Security Agreement (Vroom, Inc.)

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Liability and Damages for Other Activities. In the case of Claims other than those outlined in Subsection III.I.3(a), above, Dealership’s damages under this Agreement are expressly limited to the lesser of: i. (i.) the actual dollar amount of Dealership’s future economic or financial loss; or (ii. .) reasonable dollar amount of lost future profits for not more than two (2) years from the accrual date of the Claim.

Appears in 1 contract

Samples: Inventory Financing and Security Agreement (CarLotz, Inc.)

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Liability and Damages for Other Activities. In the case of Claims other than those outlined in Subsection III.I.3(a)) above, Dealership’s damages under this Agreement are expressly limited to the lesser of: i. (i.) the actual dollar amount of Dealership’s future economic or financial loss; or (ii. .) reasonable dollar amount of lost future profits for not more than two (2) years from the accrual date of the Claim.

Appears in 1 contract

Samples: Inventory Financing and Security Agreement (RumbleON, Inc.)

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