Common use of Standard of Care; Limitation of Damages Clause in Contracts

Standard of Care; Limitation of Damages. Lender shall be liable to Borrower only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s gross negligence or willful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower for special or consequential damages arising from this Agreement or otherwise related to the Obligations.

Appears in 3 contracts

Samples: Employment Agreement (Accentia Biopharmaceuticals Inc), Employment Agreement (Accentia Biopharmaceuticals Inc), Employment Agreement (Accentia Biopharmaceuticals Inc)

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Standard of Care; Limitation of Damages. Lender shall be liable to Borrower Borrowers only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s 's gross negligence or willful wilful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower Borrowers for special or consequential damages arising from this Agreement or otherwise related to the Obligations.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Dreams Inc), Pledge and Security Agreement (Dreams Inc), Loan Agreement (Imtek Office Solutions Inc)

Standard of Care; Limitation of Damages. Lender shall be liable to Borrower only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s 's gross negligence or willful wilful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower for special or consequential damages arising from this Agreement or otherwise related to the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Online Resources & Communications Corp)

Standard of Care; Limitation of Damages. Lender shall be liable to Borrower only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s 's gross negligence or willful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower for special or consequential damages arising from this Agreement or otherwise related to the Obligations.is

Appears in 1 contract

Samples: Loan Agreement (Monsterdaata Com Inc)

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Standard of Care; Limitation of Damages. Lender shall be liable to Borrower only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s 's gross negligence or willful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower for special or consequential damages arising from this Agreement or otherwise related to the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Metrisa Inc)

Standard of Care; Limitation of Damages. Lender shall be liable to the Borrower only for matters arising from this Agreement or otherwise related to the Obligations resulting from Lender’s 's gross negligence or willful misconduct, and liability for all other matters is hereby waived. Lender shall not in any event be liable to Borrower for special or consequential damages arising from this Agreement or otherwise related to the Obligations.

Appears in 1 contract

Samples: Construction Loan Agreement (American Retirement Corp)

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