Common use of Limitation of Licensee’s Liability Clause in Contracts

Limitation of Licensee’s Liability. The Licensee’s obligations with respect to the Covered Product set forth in paragraph 1 are limited to those obligations set forth in paragraph 2, and in no event shall the Licensee be deemed, solely as a result of having executed this assumption agreement, to have any other obligation under any Federation agreement or to be a signatory to any Federation agreement. In addition, the Licensee’s obligations with respect to the Covered Product are limited to those rights actually acquired by the Licensee and only for the period it holds such rights (except to the extent that it transfers those rights to another party, in which case it shall retain liability unless it obtains an assumption agreement in substantially the same form as this assumption agreement). Identification of Phonograph Recordings/Artists – Submit in the form of Exhibit “A” and attach hereto. Effective Date of Transfer Print Name of Company Print Name of Company By: By: Signature of Authorized Officer Signature of Authorized Officer Print Name of Authorized Officer Print Name of Authorized Officer Address Address City, State, Zip code City, State, Zip code Phone Number Phone Number Date Date Exhibit “A” Identification of Phonograph Records, Concert DVD’s, Traditional Music Videos, covered by the AFM Assumption Agreement [List information for each album and/or song separately] Licensor: Licensee: Name of Artist/Group or Project: Album Title: Album # Title (e.g. name of song/track) Rec. Date Trk Lngth ISRC #