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Common use of Liability Period Clause in Contracts

Liability Period. Customer’s claims for damages against PTC and/or PTC’s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s), the warranty limitation period pursuant to Section 4.2 shall apply.

Appears in 10 contracts

Samples: License Agreement, PTC Customer Agreement, PTC Customer Agreement

Liability Period. Customer’s claims for damages against PTC and/or PTC’s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s), the warranty limitation period pursuant to Section 4.2 6.1 shall apply.

Appears in 4 contracts

Samples: PTC Customer Agreement, PTC Customer Agreement, PTC Customer Agreement

Liability Period. Customer’s claims for damages against PTC and/or PTC’s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s), the warranty limitation period pursuant to Section 4.2 7.1 shall apply.

Appears in 2 contracts

Samples: PTC Customer Agreement, PTC Customer Agreement

Liability Period. Customer’s 's claims for damages against PTC and/or PTC’s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s), the warranty limitation period pursuant to Section 4.2 5.3 shall apply.

Appears in 1 contract

Samples: Customer Agreement for PTC Products

Liability Period. Customer’s Your claims for damages against PTC and/or PTC’s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains you gain knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s)Software, the warranty limitation period pursuant to Section 4.2 11.1 shall apply.

Appears in 1 contract

Samples: Software License Agreement

Liability Period. Customer’s claims for damages against PTC and/or PTC’s ’ s affiliates, regardless of the legal grounds, shall expire at the latest one year from the time the Customer gains knowledge of the damage or, irrespective of this knowledge, at the latest two years after the damaging event. For claims based on Errors of the Licensed Product(s), the warranty limitation period pursuant to Section 4.2 7.1 shall apply.

Appears in 1 contract

Samples: PTC Customer Agreement