Common use of Limitation on Awards Clause in Contracts

Limitation on Awards. The arbitrators shall have no authority to award any special, indirect, incidental, consequential, punitive, exemplary or other similar damages. Each Party shall bear its own costs and expenses (including attorneys’ fees and expert or consulting fees) incurred in connection with the arbitration. The Parties shall equally (50/50) share the arbitrators’ fees and other administrative costs and expenses associated with the arbitration.

Appears in 4 contracts

Samples: Research Collaboration Agreement (CytomX Therapeutics, Inc.), Research Collaboration Agreement (CytomX Therapeutics, Inc.), Research Collaboration Agreement (CytomX Therapeutics, Inc.)

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Limitation on Awards. The arbitrators shall have no authority to award any specialpunitive, exemplary, consequential, indirect, incidental, consequential, punitive, exemplary special or other similar damages. Each Party shall bear its own costs and expenses (including without limitation attorneys’ fees and expert or consulting fees) incurred in connection with the arbitration. The Parties RMS shall equally bear [**] percent (50/50[**]%) share and Pharmaceutical Partners shall bear [**] percent ([**]%) of the arbitrators’ arbitrator’s fees and any other administrative costs and expenses associated with the arbitration.

Appears in 4 contracts

Samples: Companion Diagnostics Agreement (Epizyme, Inc.), Companion Diagnostics Agreement, Companion Diagnostics Agreement (Epizyme, Inc.)

Limitation on Awards. The Except as permitted in Section 14.4, the arbitrators shall have no authority to award any specialpunitive, exemplary, consequential, indirect, incidental, consequential, punitive, exemplary special or other similar damages. Each Party shall bear its own costs and expenses (including attorneys’ fees and expert or consulting fees) incurred in connection with the arbitration. The Parties shall equally (50/5050:50) share the arbitrators’ arbitrator’s fees and any other administrative costs and expenses associated with the arbitration.

Appears in 2 contracts

Samples: Master Collaboration Agreement (Blueprint Medicines Corp), Master Collaboration Agreement (Blueprint Medicines Corp)

Limitation on Awards. The arbitrators shall have no authority to award any specialpunitive, exemplary, consequential, indirect, incidental, consequential, punitive, exemplary special or other similar damages. Each Party shall bear its own costs and expenses (including without limitation attorneys’ fees and expert or consulting fees) incurred in connection with the arbitration. The Parties shall equally (50/5050:50) share the arbitrators’ arbitrator’s fees and any other administrative costs and expenses associated with the arbitration.

Appears in 2 contracts

Samples: Companion Diagnostics Agreement (Clovis Oncology, Inc.), Companion Diagnostics Agreement (Clovis Oncology, Inc.)

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Limitation on Awards. The Except as permitted under Section 12.1, the arbitrators shall will have no authority to award any specialSPECIAL, indirectINDIRECT, incidentalINCIDENTAL, consequentialCONSEQUENTIAL, punitivePUNITIVE, exemplary or other similar damagesEXEMPLARY, OR OTHER SIMILAR DAMAGES. Each Party shall will bear its own costs and expenses (including attorneys’ fees and expert or consulting fees) incurred in connection with the arbitration. The Parties shall equally (50/50) share the arbitrators’ fees and other administrative costs and expenses associated with the arbitration[***].

Appears in 1 contract

Samples: License Agreement (Pyxis Oncology, Inc.)

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