Remedies in General Damages Limited. The Developer acknowledges that neither the Community Facilities District nor the City would have entered into this Acquisition Agreement if it were to be liable in damages under or with respect to this Acquisition Agreement. Any and all obligations of the Community Facilities District and the City hereunder shall be payable only from amounts on deposit in the Acquisition Account. Neither the Community Facilities District nor the City shall have any pecuniary liability under this Acquisition Agreement for any act or omission of the Community Facilities District or the City, except as set forth in this Section. In no event will an act, or an omission or failure to act, by the Community Facilities District or the City with respect to the sale or proposed sale of the Bonds subject the Community Facilities District or the City to pecuniary liability therefor. In general, each of the parties hereto may pursue any remedy at law or equity available for the breach of any provision of this Acquisition Agreement; provided, however, that the Community Facilities District and the City shall not be liable in damages to the Developer. In light of the foregoing, the Developer covenants not to xxx for or claim any damages for any alleged breach of, or dispute which arises out of, this Acquisition Agreement.
Remedies in General Damages Limited
