Extent of Liability definition

Extent of Liability. To the maximum extent permitted by law, Renesis is not liable for indirect, incidental, or punitive damages related to Product use. Our total liability, if any, shall not exceed the amount paid by you for the Product.
Sample 1
Extent of Liability. A fiduciary who breaches any of the responsibilities, obligations, or duties imposed upon such fiduciary by this Plan or by the requirements of law will be liable personally only [1] to reimburse or indemnify the Plan for any losses resulting from the fiduciary's breach; [2] to restore to the Plan any profits the fiduciary has made through the use of Plan assets for the fiduciary's personal account; and [3] to pay those penalties prescribed by law arising from the fiduciary's breach. A fiduciary will be subject to such other equitable or remedial relief as a court of law may deem appropriate, including removal of the fiduciary. A fiduciary also may be removed for a violation of Section 10.9 (prohibition against certain persons holding certain positions). No Fiduciary will be liable with respect to the breach of a fiduciary duty if such breach was committed before he or she became a fiduciary or after he or she ceased to be a fiduciary. LIABILITY OF FIDUCIARY FOR BREACH BY CO-FIDUCIARY: A fiduciary will be liable for a breach of fiduciary responsibility by another fiduciary of this Plan only if the fiduciary [1] knowingly participates in, or knowingly undertakes to conceal, an act or omission of the other fiduciary, and knows such act or omission by the other fiduciary is a breach of the other fiduciary's duties; [2] enables another fiduciary to commit a breach by the fiduciary's failure to comply with Section 10.2 in the administration of specific responsibilities that give rise to the fiduciary's status as a fiduciary; or [3] has knowledge of a breach by another fiduciary and does not make reasonable efforts under the circumstances to remedy the breach.
Sample 1

Examples of Extent of Liability in a sentence

  • THE LIMITATIONS AND DISCLAIMERS RELATED TO WARRANTIES AND LIABILITY CONTAINED IN THIS AGREEMENT ARE INTENDED TO LIMIT THE CIRCUMSTANCES AND EXTENT OF LIABILITY.

  • PARTNERS AND THEIR RELATIONS AND EXTENT OF LIABILITY [SEC 22 TO 31]Mutual rights and duties of partners of a LLP inter se and those of the LLP and its partners shall be governed by an agreement between the partners, or agreement between the LLP and its partners.

  • THE EXTENT OF LIABILITY OF SELLER (EXCEPT AS TO TITLE) ARISING OUT OF THE SUPPLYING OF SAID PRODUCTS, OR THEIR USE , WHETHER ARISING FROM WARRANTY, CONTRACT, NEGLIGENCE OR OTHERWISE SHALL NOT IN ANY CASE EXCEED THE COST OF ISSUING APPROPRIATE CREDIT OR CORRECTING NONCONFORMITIES OR DEFECTS IN THE PRODUCT AS HEREIN PROVIDED; AND UPON THE EXPIRATION OF THE APPLICABLE WARRANTY PERIOD SPECIFIED HEREIN, ALL SUCH LIABILITIES SHALL TERMINATE.

  • Immunity waived16 SOVEREIGN, GOVERNMENTAL AND QUALIFIED IMMUNITIES TO SUIT AND FROM17 LIABILITY ARE WAIVED AND ABOLISHED TO THE EXTENT OF LIABILITY ESTABLISHED18 BY THIS ARTICLE, AND A RELIGIOUS ORGANIZATION MAY SUE STATE GOVERNMENT,19 EXCEPT STATE COURTS, FOR DAMAGES ALLOWED BY SECTION 41-1494.04.20 41-1494.06.

  • IN THE LATTER CASE THE EXTENT OF LIABILITY DEPENDS ON THE GUARANTEE DECLARATION.

  • EXTENT OF LIABILITY Our responsibility to you for any loss or damage which you may suffer from the provision of the Platform Solution shall be limited to circumstances where such loss or damage has arisen directly as a result of a breach by us of these T&Cs, or of our negligence, fraud or wilful default.

  • EXTENT OF LIABILITY - Simultaneous recovery under the Labor Code and the Civil Code cannot be made.

  • NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY (EXCEPT FOR SELLER’S OBLIGATION TO REPAIR OR REPLACE AS SET FORTH IN SECTION 5), THE EXTENT OF LIABILITY OF SELLER ARISING OUT OF THE GOODS OR SERVICES, OR THEIR USE (WHETHER USED SINGLY OR IN COMBINATION WITH OTHER PRODUCTS), WHETHER ARISING FROM WARRANTY, CONTRACT, NEGLIGENCE OR OTHERWISE, SHALL NOT IN ANY CASE EXCEED THE VALUE OF SELLER’S PRODUCT GIVING RISE TO THE LIABILITY.

  • YOU ACKNOWLEDGE THAT THE PROVISIONS OF THIS XXXX REFLECT AN INFORMED, VOLUNTARY ALLOCATION BETWEEN YOU AND ANIMBOT OF THE RISKS (BOTH KNOWN AND UN- KNOWN) ASSOCIATED WITH THE TRANSACTION CONTEMPLATED BY THIS XXXX AND THAT THE LIMI- TATIONS AND DISCLAIMERS RELATED TO WARRANTIES AND LIABILITY CONTAINED IN THESE TERMS AND CONDITIONS ARE INTENDED TO LIMIT THE CIRCUMSTANCES AND EXTENT OF LIABILITY.

  • DETERMINATION AND EXTENT OF LIABILITY This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy.

Related to Extent of Liability

  • Loss of Limb means loss by physical severance of a hand at or above the wrist or of a foot at or above the ankle.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Breach of Contract means the failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Contractor is debarred or suspended under §24-109-105, C.R.S. at any time during the term of this Contract, then such debarment or suspension shall constitute a breach.

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.

  • Unknown Claims means any Released Plaintiffs’ Claims which any Lead Plaintiff or any other Settlement Class Member does not know or suspect to exist in his, her or its favor at the time of the release of such claims, and any Released Defendants’ Claims which any Defendant or any other Defendants’ Releasee does not know or suspect to exist in his, her, or its favor at the time of the release of such claims, which, if known by him, her or it, might have affected his, her or its decision(s) with respect to this Settlement. With respect to any and all Released Claims, the Parties stipulate and agree that, upon the Effective Date of the Settlement, Lead Plaintiffs and Defendants shall expressly waive, and each of the other Settlement Class Members and each of the other Defendants’ Releasees shall be deemed to have waived, and by operation of the Judgment or the Alternate Judgment, if applicable, shall have expressly waived, any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States, or principle of common law or foreign law, which is similar, comparable, or equivalent to California Civil Code §1542, which provides: