Common use of Limitation of Credit Union’s Liability Clause in Contracts

Limitation of Credit Union’s Liability. In addition to any defense or exception from liability provided in this Agreement or applicable law, the Credit Union shall not be liable in any case for any special, indirect, exemplary, consequential or punitive damages (including lost profits). Further, we shall in no case be responsible for the payment of any attorneys' fees or other legal expenses whatsoever. If we become obligated to pay dividends to you under applicable law, you agree that the dividend rate shall be equal to the dividend rate applicable to the account on which the transfer was made.

Appears in 3 contracts

Samples: www.climbcu.org, Business Membership Agreement, Business Membership Agreement

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Limitation of Credit Union’s Liability. In addition to any defense or exception from liability provided in this Agreement Booklet or applicable law, the Credit Union shall not be liable in any case for any special, indirect, exemplary, consequential consequential, or punitive damages (including lost profits). Further, we shall in no case be responsible for the payment of any attorneys' fees or other legal expenses whatsoever. If we become obligated to pay dividends to you under applicable law, you agree that the dividend rate shall be equal to the dividend rate applicable to the account on which the transfer was made.

Appears in 1 contract

Samples: www.cypruscu.com

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