Common use of Limitation of Liability Clause in Contracts

Limitation of Liability. LMS is only responsible for damages that can be attributed to the inadequate quality of the rented rooms and any other articles that have been rented or to wilful intent or gross neg- ligence of their obligations. In the event of the failure of any equipment, breakdowns or other events impacting the event, LMS is only liable if it can be proved that these events resulted from wilful intent or gross negligence on their part or on the part of their vicari- ous agents. LMS only assumes liability for articles provided at the event by the leaser, their authorised staff or third parties if a damage occurs to these articles, which can be proved to have occurred due to wilful intent or gross negligence by their legal representative, an employee or a vicarious agent. The same applies for tortious actions. LMS is not liable to the leaser for loss of profit or other finan- cial loss – provided there is no evidence of wilful intent or gross negligence. Liability by LMS for non-foreseeable damages according to scope and amount is excluded. Where liability by LMS is excluded or restricted, this also ap- plies for the personal liability of their employees, staff, per- sonnel, representatives and vicarious agents.