Common use of Maximum Liability and Remedies Clause in Contracts

Maximum Liability and Remedies. Except for fraud, the rights of ------------------------------ Parent to make claims upon the Escrow Fund in accordance with this Article VIII shall be the sole and exclusive remedy of Parent and the Surviving Corporation after the Closing with respect to any representation, warranty, covenant or agreement made by Company under this Agreement and no former shareholder, option holder, warrant holder, director, officer, employee or agent of Company shall have any personal liability to Parent or the Surviving Corporation after the Closing in connection with the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Seagate Technology Malaysia Holding Co Cayman Islands), Agreement and Plan of Reorganization (Seagate Technology Inc)

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Maximum Liability and Remedies. Except for fraud, the The rights of ------------------------------ Parent to make claims upon the Escrow Fund in accordance with this Article VIII and the Escrow Agreement shall be the sole and exclusive remedy for money damages of Parent and the Surviving Corporation after the Closing with respect to any representation, warranty, covenant or agreement made by Company under this Agreement and no former shareholder, option holder, warrant holder, director, officer, employee or agent of Company shall have any personal liability to Parent or the Surviving Corporation after the Closing in connection with the MergerAgreement.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Red Hat Inc), Agreement and Plan of Reorganization (Concord Communications Inc)

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