Common use of Other Limitations on Indemnification Clause in Contracts

Other Limitations on Indemnification. IN NO EVENT SHALL PARTNER COMPANY STOCKHOLDER BE LIABLE TO THE FOUNDER INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES AND IN NO EVENT SHALL FOUNDER BE LIABLE TO PARTNER COMPANY STOCKHOLDER INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES, PROVIDED, THAT THESE LIMITATIONS SHALL NOT APPLY TO PUNITIVE DAMAGES PAYABLE TO A THIRD PARTY IN RESPECT OF A THIRD PARTY CLAIM.

Appears in 2 contracts

Samples: Combination Agreement (Taylor & Martin Group Inc), Combination Agreement (Taylor & Martin Group Inc)

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Other Limitations on Indemnification. IN NO EVENT SHALL PARTNER COMPANY STOCKHOLDER BE LIABLE TO THE FOUNDER INDEMNIFIED PARTIES FOR PUNITIVE OR CONSEQUENTIAL DAMAGES AND IN NO EVENT SHALL FOUNDER BE LIABLE TO PARTNER COMPANY STOCKHOLDER INDEMNIFIED PARTIES FOR PUNITIVE OR CONSEQUENTIAL DAMAGES, PROVIDED, THAT THESE LIMITATIONS SHALL NOT APPLY TO PUNITIVE OR CONSEQUENTIAL DAMAGES PAYABLE TO A THIRD PARTY IN RESPECT OF A THIRD PARTY CLAIM.

Appears in 1 contract

Samples: Combination Agreement (Taylor & Martin Group Inc)

Other Limitations on Indemnification. IN NO EVENT SHALL PARTNER COMPANY STOCKHOLDER STOCKHOLDERS BE LIABLE TO THE FOUNDER INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES AND IN NO EVENT SHALL FOUNDER BE LIABLE TO PARTNER COMPANY STOCKHOLDER STOCKHOLDERS INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES, PROVIDED, THAT THESE LIMITATIONS SHALL NOT APPLY TO PUNITIVE DAMAGES PAYABLE TO A THIRD PARTY IN RESPECT OF A THIRD PARTY CLAIM.

Appears in 1 contract

Samples: Combination Agreement (Taylor & Martin Group Inc)

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Other Limitations on Indemnification. IN NO EVENT SHALL PARTNER COMPANY STOCKHOLDER OR PARTNER COMPANY BE LIABLE TO THE FOUNDER INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES AND IN NO EVENT SHALL FOUNDER BE LIABLE TO PARTNER COMPANY STOCKHOLDER INDEMNIFIED PARTIES FOR PUNITIVE DAMAGES, PROVIDED, THAT THESE LIMITATIONS SHALL NOT APPLY TO PUNITIVE DAMAGES PAYABLE TO A THIRD PARTY IN RESPECT OF A THIRD PARTY CLAIM.

Appears in 1 contract

Samples: Combination Agreement (Taylor & Martin Group Inc)

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