Nature of Damages. Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document, in no event shall any Indemnifying Party be liable to any Indemnified Party for any punitive, exemplary, or other similar damages, for any breach or default under, or any act or omission arising out of, or in any way relating to, this Agreement or any other Transaction Document, or the transactions contemplated hereby or thereby, under any form of action whatsoever, whether in contract or otherwise, except to the extent awarded to a Third Party in connection with a Third Party Claim.
Appears in 3 contracts
Samples: Merger Agreement (Healthcare Trust, Inc.), Merger Agreement (Necessity Retail REIT, Inc.), Merger Agreement (Global Net Lease, Inc.)
Nature of Damages. Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document, in no event shall any Indemnifying Party be liable to any Indemnified Party for any consequential, punitive, exemplaryindirect, incidental or other similar damages, including lost profits, for any breach or default under, or any act or omission arising out of, or in any way relating to, this Agreement or any other Transaction Document, or the transactions contemplated hereby or thereby, under any form of action whatsoever, whether in contract or otherwise, except to the extent awarded to a Third Party in connection with a claim by such Third Party ClaimParty.
Appears in 2 contracts
Samples: Contribution Agreement (Griffin Capital Essential Asset REIT, Inc.), Contribution and Purchase Agreement (Steadfast Apartment REIT, Inc.)
Nature of Damages. Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document, in no event shall any Indemnifying Party be liable to any Indemnified Party for any consequential, punitive, exemplaryexemplary indirect, incidental or other similar damages, for including lost profits, loss of enterprise value, diminution in value of any breach business, damage to reputation or default underloss of goodwill, or any act or omission arising out ofdamages calculated based on a multiple of profits, or in any way relating to, this Agreement revenue or any other Transaction Document, or the transactions contemplated hereby or thereby, under any form of action whatsoever, whether in contract or otherwisefinancial metric, except to the extent awarded such damages are finally and actually paid by the Indemnified Party to a an unaffiliated Third Party in connection with a Third Party Claimclaim against the Indemnified Party.
Appears in 1 contract
Samples: Contribution Agreement (SmartStop Self Storage REIT, Inc.)