Common use of Limitation of Liability and Exclusion of Warranties Clause in Contracts

Limitation of Liability and Exclusion of Warranties. 12.1 Each Partner’s aggregate liability under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to once its total in-kind and in-cash contribution. The aggregate liability of the Knowledge Institute under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to the average of the Project shares of the total in-kind and in-cash contribution of the Partner(s).

Appears in 3 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Limitation of Liability and Exclusion of Warranties. 12.1 Each Partner’s aggregate liability under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to once its total in-kind and in-cash contribution. The aggregate liability of the Knowledge Institute under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to the average of the Project shares of the total in-kind and in-cash contribution of the Partner(s).

Appears in 2 contracts

Samples: Template Consortium Agreement, Template Consortium Agreement

Limitation of Liability and Exclusion of Warranties. 12.1 Each Partner’s Any Industrial Partner’s(s’) aggregate liability under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to once its total in-Project share, regardless of whether the contribution was in kind and in-cash contributionor in cash. The aggregate liability of the Knowledge Institute under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to the average of the Project shares of the total in-kind and in-cash contribution of the Industrial Partner(s), regardless of whether their contributions were in kind or in cash.

Appears in 2 contracts

Samples: Tki Consortium Agreement, Consortium Agreement

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Limitation of Liability and Exclusion of Warranties. 12.1 Each Partner’s aggregate liability under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to once its total in-kind and in-cash contribution. The aggregate liability of the a Knowledge Institute under or in connection with this Consortium Agreement towards the other Parties collectively shall be limited to an amount equal to the average of the Project shares of the total in-kind and in-cash contribution of the Partner(s).

Appears in 1 contract

Samples: Consortium Agreement

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