Common use of Remedies and Limitation of Liability Clause in Contracts

Remedies and Limitation of Liability. In the event of material error by Vanderbilt in providing Products, Vanderbilt’s sole and exclusive liability to Purchaser and Purchaser’s sole and exclusive remedy for claims hereunder shall be replacement of non-conforming Products or refund of the related fees. IN NO EVENT WILL VANDERBILT BE RESPONSIBLE FOR ANY INCIDENTAL, INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER TORT OR THEORY. Export Control: Vanderbilt will not accept export-controlled materials or technical information under this Agreement. Purchaser warrants that materials and technical information provided to Vanderbilt are not subject to any restrictions under U.S. Export Control laws.

Appears in 3 contracts

Samples: Research and Development, Research Core Agreement, Research and Development

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Remedies and Limitation of Liability. In the event of material error by Vanderbilt in providing Products, Vanderbilt’s sole and exclusive liability to Purchaser and Purchaser’s sole and exclusive remedy for claims hereunder shall be replacement of non-conforming Products or refund of the related feespurchase price. IN NO EVENT WILL VANDERBILT BE RESPONSIBLE FOR ANY INCIDENTAL, INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER TORT OR THEORYTORT. Export Control: Vanderbilt will not accept export-controlled materials or technical information under this Agreement. Purchaser warrants that materials and technical information provided to Vanderbilt are not subject to any restrictions under U.S. Export Control laws.

Appears in 1 contract

Samples: Research Core Agreement

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