Common use of No Liability for Termination Clause in Contracts

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party’s exercise of its termination rights under this Agreement. In particular, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales related to such exercise of termination rights.

Appears in 2 contracts

Samples: Services Agreement (Tivo Inc), Services Agreement (Tivo Inc)

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No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating Neither party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terminating party’s exercise terms of its termination rights under this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreement. In particular, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales related to such exercise of termination rights.

Appears in 2 contracts

Samples: Distribution Agreement (Com21 Inc), Distribution Agreement (Com21 Inc)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party’s 's exercise of its termination rights under this Agreement. In particular, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales related to such exercise of termination rights.

Appears in 2 contracts

Samples: Services Agreement (Tivo Inc), Development Agreement (Tivo Inc)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating Neither party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party’s 's exercise of its termination rights under this Agreement. In particular, without in any way limiting the foregoing, the terminated neither party shall not be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 2 contracts

Samples: Technology License Agreement (Tivo Inc), Technology License Agreement (Tivo Inc)

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No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating Neither party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination or expiration of this Agreement by such party which complies with the terminating party’s exercise terms of its termination rights under this Agreement. In particularthe Agreement whether or not such party is aware of any such damage, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits loss or anticipated sales related to such exercise of termination rightsexpenses.

Appears in 1 contract

Samples: Marketplace Terms and Conditions

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. The terminating Neither party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terminating party’s exercise terms of its termination rights under this Agreement. In particularAgreement whether or not such party is aware of any such damage, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits loss or anticipated sales related to such exercise of termination rightsexpenses.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interphase Corp)

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