Common use of Losses Due to Termination Clause in Contracts

Losses Due to Termination. Under no circumstances shall a Party be liable to the other Party by reason of termination of the Agreement for indemnification, compensation, reimbursement, or damages for loss of prospective compensation, goodwill or loss thereof, or expenditures, investments, leases, or any type of commitment made in connection with the business of such Party or in reliance on the existence of this Agreement including, but not limited to advertising and promotion costs, costs of supplies, termination of employees, employee salaries, and other such costs and expenses.

Appears in 4 contracts

Samples: Agreement (NXT-Id, Inc.), Agreement (NXT-Id, Inc.), Agreement (NXT-Id, Inc.)

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