Common use of Waiver of Punitive or Consequential Damages Clause in Contracts

Waiver of Punitive or Consequential Damages. Neither Lender nor Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto.

Appears in 20 contracts

Samples: Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Winston Hotels Inc)

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Waiver of Punitive or Consequential Damages. Neither Agent, Lender nor any Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default Potential Default by any party hereto.

Appears in 3 contracts

Samples: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.), Loan Agreement (Ensign Group, Inc), Loan Agreement (Brookdale Senior Living Inc.)

Waiver of Punitive or Consequential Damages. Neither Agent, Lender nor Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default Potential Default by any party hereto.

Appears in 2 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

Waiver of Punitive or Consequential Damages. Neither Agent, Lender nor Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto.

Appears in 1 contract

Samples: Loan Agreement (Provident Senior Living Trust)

Waiver of Punitive or Consequential Damages. Neither Lender nor Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan Loans or the transaction contemplated hereby, including any breach or other default by any party hereto. Borrower represents and warrants to Lender that as of the Closing Date neither Borrower nor any Borrower Party has any claims against Lender in connection with the Loans.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

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Waiver of Punitive or Consequential Damages. Neither Lender nor Borrower Borrowers shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto.

Appears in 1 contract

Samples: Loan Agreement (HMG Courtland Properties Inc)

Waiver of Punitive or Consequential Damages. Neither Senior Lender nor Borrower shall be responsible or liable to the other or to any other Person for any punitive, exemplary or consequential damages which may be alleged as a result of the Loan or the transaction contemplated hereby, including any breach or other default by any party hereto.

Appears in 1 contract

Samples: Senior Loan Agreement (Dames & Moore Inc /De/)

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