Common use of Waiver of consequential or punitive damages Clause in Contracts

Waiver of consequential or punitive damages. Notwithstanding anything to the contrary contained herein, in no event shall either party be liable to the other party for any special, incidental, consequential or punitive damages, including lost profits, whether any claim for such recovery is based upon theories of contract, negligence, or tort (including strict liability), and even if either party has knowledge of the possibility of the potential damage or loss. Each party hereby waives for itself and its successors and assigns any and all claims for any special, incidental, consequential or punitive damages, including lost profits.

Appears in 2 contracts

Samples: Collaboration and Option License Agreement, Collaboration and Option License Agreement (Vbi Vaccines Inc.)

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Waiver of consequential or punitive damages. Notwithstanding anything Subject only to the contrary contained hereinterms of Section 14.6, in no event Party shall either party be liable to the any other party Party for any special, incidental, incidental or consequential or punitive damages, including lost profits, whether any claim for such recovery is based upon theories of contract, negligence, or tort (including strict liability), and even if either party has knowledge of the possibility of the potential damage or loss. Each party Party hereby waives for itself and its successors and assigns any and all claims for any special, incidental, incidental or consequential or punitive damages, including lost profits.

Appears in 2 contracts

Samples: Collaboration Agreement (Crucell Nv), Collaboration Agreement (Crucell Nv)

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Waiver of consequential or punitive damages. Notwithstanding anything to the contrary contained herein, in no event shall either party be liable to the other party for any special, incidental, consequential or punitive damages, including lost profits, whether any claim for such recovery is based upon theories of contract, negligence, or tort (including strict liability), and even if either party has knowledge of the possibility of the potential damage or loss. Each party hereby waives for itself and its successors and assigns any and all claims for any special, incidental, consequential or punitive damages, including lost profits.

Appears in 1 contract

Samples: Collaboration Agreement (Crucell Nv)

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