Common use of Indemnification and Liability Clause in Contracts

Indemnification and Liability. 12.1. The Customer will indemnify and hold harmless Novum against any damages or liabilities, which Novum may incur as a result of or in relation to any breach of Customer's obligations or warranties. 12.2. Except for damages caused through injuries of life, body and health, and except for damages caused by a breach of Novum's principal duties under the Agreement which are essential for the due execution of the contract (Kardinalpflichten), Novum will only be liable for gross negligence or wilful misconduct in the performance of its duties under the Agreement. In case of ordinary negligence, Novum's liability shall be limited to the amount of damages typically foreseeable.

Appears in 3 contracts

Samples: Kreditbedingungen, Kreditbedingungen, Kreditbedingungen

Indemnification and Liability. 12.128.1. The Customer will indemnify and hold harmless Novum against any damages or liabilities, which Novum may incur as a result of or in relation to any breach of Customer's obligations or warranties. 12.228.2. Except for damages caused through injuries of life, body and health, and except for damages caused by a breach of Novum's principal duties under the Agreement which are essential for the due execution of the contract (Kardinalpflichten), Novum will only be liable for gross negligence or wilful misconduct in the performance of its duties under the Agreement. In case of ordinary negligence, Novum's liability shall be limited to the amount of damages typically foreseeable.

Appears in 1 contract

Samples: Kreditvertrag