Common use of Limitations on Indemnity; Restrictions on Liability Clause in Contracts

Limitations on Indemnity; Restrictions on Liability. The Company shall not be liable under the indemnification contained in Section 7.1 hereof with respect to the Indemnified Party to the extent that such Indemnified Liabilities are found in a final non-appealable judgment by a court of competent jurisdiction to have resulted directly from the Indemnified Party’s willful misconduct. The Company further agrees that no Indemnified Party shall have any liability (whether direct or indirect, in contract, tort or otherwise) to the Company, holders of its securities or its creditors related to or arising out of the engagement of the Advisor pursuant to, or the performance by the Advisor of the Services contemplated by, this Agreement.

Appears in 5 contracts

Samples: Consultant Agreement (Telemynd, Inc.), Strategic Advisory Agreement (Tg Therapeutics, Inc.), Chairman Services Agreement (MYnd Analytics, Inc.)

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