Common use of Limitation on Liquidated Damages Clause in Contracts

Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 24% of the aggregate purchase price paid by the Investors pursuant to the Purchase Agreement.

Appears in 4 contracts

Samples: Registration Rights Agreement (Zila Inc), Security Agreement (Zila Inc), Registration Rights Agreement (Zila Inc)

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Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 2412% of the aggregate purchase price paid by the Investors pursuant to the Purchase Agreement.

Appears in 3 contracts

Samples: Registration Rights Agreement (Arbios Systems Inc), Registration Rights Agreement (Arbios Systems Inc), Registration Rights Agreement (Arbios Systems Inc)

Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 2410% of the aggregate purchase price paid by the Investors Purchasers pursuant to the Purchase Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Zapata Corp), Registration Rights Agreement (Omega Protein Corp)

Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 24% of the aggregate purchase price paid amount invested by the Investors pursuant to the Purchase Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (PharmaFrontiers Corp.)

Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 246.0% of the aggregate purchase price paid amount invested by the Investors pursuant to the Purchase Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Opexa Therapeutics, Inc.)

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Limitation on Liquidated Damages. Notwithstanding the any other provisions of this Section 2Agreement to the contrary, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 2420% of the aggregate purchase price paid by the Investors pursuant to the Purchase Agreement.

Appears in 1 contract

Samples: Form of Registration Rights Agreement (Planetout Inc)

Limitation on Liquidated Damages. Notwithstanding the other provisions of this Section 2, in no event shall the Company be liable for liquidated damages in excess of an aggregate of 24% of the aggregate purchase price paid by the Investors pursuant to the Purchase Agreement. The Company shall not be obligated to pay liquidated damages to more than one Investor (or its assignee or transferee) with respect to the same Registrable Securities for the same violation of the terms hereof.

Appears in 1 contract

Samples: Registration Rights Agreement (Pfsweb Inc)

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