Varex Liabilities Sample Clauses
The 'Varex Liabilities' clause defines the specific obligations and responsibilities that Varex assumes under the agreement. It typically outlines the types of liabilities Varex will be accountable for, such as damages arising from product defects, breaches of contract, or third-party claims related to Varex's actions or products. This clause may also set limits on the extent of Varex's liability, such as monetary caps or exclusions for certain types of damages. Its core practical function is to clearly allocate risk between the parties and ensure that both sides understand the extent of Varex's legal and financial responsibilities under the contract.
Varex Liabilities. For the purposes of this Agreement, “Varex Liabilities” shall mean the following Liabilities of either Party or any of the members of its Group:
