Common use of No Indirect Damages Clause in Contracts

No Indirect Damages. No Participant shall be liable to any other Participant for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, regardless of whether such liability arises from a claim based in contract, warranty, tort or otherwise, provided such damage was not caused by a wilful act, gross negligence or by a breach of confidentiality.

Appears in 22 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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