Common use of Remedies and Limitation of Liability Clause in Contracts

Remedies and Limitation of Liability. 12.1. Nothing contained in this Agreement shall limit any remedies which GMV may have for default by You. You understand and agree that this Agreement creates a confidential relationship between the Parties upon which GMV is relying, and that violation of your obligations pursuant to this Agreement may cause GMV irreparable harm and damage, which may not be recovered at law. You agree that GMV’s remedies for breach of the terms of this Agreement shall include injunctive relief and any other relief available, whether at law or in equity. 12.2. The total liability of GMV and its employees, in contract, tort, or otherwise (including negligence, warranty, indemnity, and strict liability) howsoever arising from, or in connection with, this Agreement and/or your use of the Software shall be limited to the Price paid to GMV by You in connection with this Agreement.