Common use of Remedy Limitation Clause in Contracts

Remedy Limitation. EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, (A) IN NO EVENT WILL UNIVERSITY BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES CONTEMPLATED IN THIS AGREEMENT AND (B) IN NO EVENT WILL EITHER PARTY BE LIABLE FOR LOST PROFITS, LOST BUSINESS OPPORTUNITY, INVENTORY LOSS, WORK STOPPAGE, LOST DATA OR ANY OTHER RELIANCE OR EXPECTANCY, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, OF ANY KIND. FOR THE AVOIDANCE OF DOUBT, IN NO EVENT WILL COMPANY BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES OF ANY THIRD PARTY LICENSEE OF UNIVERSITY UNDER ANY AND ALL LICENSES GRANTED BY UNIVERSITY TO SUCH THIRD PARTY UNDER THE LICENSED PATENTS TO MAKE, HAVE MADE ON SUCH THIRD PARTY’S BEHALF, USE, OFFER TO SELL, SELL, OFFER TO LEASE OR LEASE, IMPORT, OR OTHERWISE OFFER TO DISPOSE OF LICENSED PRODUCTS IN THE TERRITORY IN THE CV FIELD OF USE.

Appears in 2 contracts

Samples: License and Exclusive Option Agreement (Icosavax, Inc.), License and Exclusive Option Agreement (Icosavax, Inc.)

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Remedy Limitation. EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, (A) IN NO EVENT WILL SHALL UNIVERSITY BE LIABLE FOR (A) PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES CONTEMPLATED IN THIS AGREEMENT AND OR (B) IN NO EVENT WILL EITHER PARTY BE LIABLE FOR LOST PROFITS, LOST BUSINESS OPPORTUNITY, INVENTORY LOSS, WORK STOPPAGE, LOST DATA OR ANY OTHER RELIANCE OR EXPECTANCY, INDIRECT, SPECIAL, INCIDENTAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, OF ANY KIND. FOR THIS LIMITATION OF REMEDIES DOES NOT LIMIT UNIVERSITY’S OBLIGATION TO INDEMNIFY AS PROVIDED UNDER SECTION 9. 11.2. Limitation of Remedies Available to University. EVEN IF ADVISED OF THE AVOIDANCE POSSIBILITY OF DOUBTSUCH DAMAGES, IN NO EVENT WILL SHALL COMPANY BE LIABLE FOR PERSONAL INJURY UNIVERSITY’S LOST PROFITS, LOST BUSINESS OPPORTUNITY, OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES ANY OTHER INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, OF ANY THIRD PARTY LICENSEE KIND. THIS LIMITATION OF UNIVERSITY REMEDIES DOES NOT LIMIT COMPANY’S OBLIGATION TO INDEMNIFY AS PROVIDED UNDER ANY AND ALL LICENSES GRANTED BY UNIVERSITY TO SUCH THIRD PARTY UNDER THE LICENSED PATENTS TO MAKE, HAVE MADE ON SUCH THIRD PARTY’S BEHALF, USE, OFFER TO SELL, SELL, OFFER TO LEASE OR LEASE, IMPORT, OR OTHERWISE OFFER TO DISPOSE OF LICENSED PRODUCTS IN THE TERRITORY IN THE CV FIELD OF USESECTION 9.

Appears in 2 contracts

Samples: Stock Issuance Agreement (Achaogen Inc), Stock Issuance Agreement (Achaogen Inc)

Remedy Limitation. EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, (A) IN NO EVENT WILL UNIVERSITY OR XXXX HUTCH BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES CONTEMPLATED IN THIS AGREEMENT AND (B) IN NO EVENT WILL EITHER PARTY OR XXXX HUTCH BE LIABLE FOR LOST PROFITS, LOST BUSINESS OPPORTUNITY, INVENTORY LOSS, WORK STOPPAGE, LOST DATA OR ANY OTHER RELIANCE OR EXPECTANCY, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, OF ANY KIND. FOR THE AVOIDANCE OF DOUBT, IN NO EVENT WILL COMPANY BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES OF ANY THIRD PARTY LICENSEE OF UNIVERSITY UNDER ANY AND ALL LICENSES GRANTED BY UNIVERSITY TO SUCH THIRD PARTY UNDER THE LICENSED PATENTS TO MAKE, HAVE MADE ON SUCH THIRD PARTY’S BEHALF, USE, OFFER TO SELL, SELL, OFFER TO LEASE OR LEASE, IMPORT, OR OTHERWISE OFFER TO DISPOSE OF LICENSED PRODUCTS IN THE TERRITORY IN THE CV FIELD OF USE.

Appears in 2 contracts

Samples: License and Exclusive Option Agreement (Icosavax, Inc.), License and Exclusive Option Agreement (Icosavax, Inc.)

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Remedy Limitation. EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, (A) IN NO EVENT WILL UNIVERSITY BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES CONTEMPLATED IN THIS AGREEMENT AND (B) IN NO EVENT WILL EITHER PARTY BE LIABLE FOR LOST PROFITS, LOST BUSINESS OPPORTUNITY, INVENTORY LOSS, WORK STOPPAGE, LOST DATA OR ANY OTHER RELIANCE OR EXPECTANCY, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, OF ANY KIND. FOR THE AVOIDANCE OF DOUBT, IN NO EVENT WILL COMPANY BE LIABLE FOR PERSONAL INJURY OR PROPERTY DAMAGES ARISING IN CONNECTION WITH THE ACTIVITIES OF ANY THIRD PARTY LICENSEE OF UNIVERSITY UNDER ANY AND ALL LICENSES GRANTED BY UNIVERSITY TO SUCH THIRD PARTY UNDER THE LICENSED PATENTS TO MAKE, HAVE MADE ON SUCH THIRD PARTY’S BEHALF, USE, OFFER TO SELL, SELL, OFFER TO LEASE OR LEASE, IMPORT, OR OTHERWISE OFFER TO DISPOSE OF LICENSED PRODUCTS IN THE TERRITORY IN THE CV FLU FIELD OF USE.

Appears in 1 contract

Samples: Non Exclusive License Agreement (Icosavax, Inc.)

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