Common use of No Monetary Damages Clause in Contracts

No Monetary Damages. Contractor acknowledges that Town would not have entered into this Agreement if it were to be subject to liability for monetary damages. Accordingly, Contractor hereby waives any right to seek or obtain monetary damages from the Town in connection with any actual or alleged breach of this Agreement by Town. Contractor’s remedy for a breach by Town shall be limited to seeking specific performance or other injunctive relief.

Appears in 6 contracts

Samples: Lakes Services Agreement, Lakes Services Agreement, Lakes Services Agreement

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No Monetary Damages. Contractor acknowledges that Town would not have entered into this Agreement if it were to be subject to liability for monetary damages. Accordingly, Contractor hereby waives any right to seek or obtain monetary damages from the Town in connection with any actual or alleged breach of this Agreement by Town. Contractor’s remedy for a breach by Town shall be limited to seeking specific performance or other injunctive relief. Notwithstanding the foregoing, an action by Contractor to obtain compensation due to Contractor under this Agreement shall not be construed as an action for money damages.

Appears in 1 contract

Samples: Services Agreement

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