Limit of Liability Clause Example with 5 Variations from Business Contracts
This page contains Limit of Liability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, their respective members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims through or on behalf of Licensee, based on, arising out of, or resulti...ng from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant of the Building or any other person. Notwithstanding anything in this Agreement to the contrary, SmartLabs Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage caused by SmartLabs Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). No natural person, in his / her capacity as a member, officer or director of SmartLabs, shall have any personal liability for satisfaction of any claim or judgment.View More
Variations of a "Limit of Liability" Clause from Business Contracts
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, Licensor, their respective respective, members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs "Licensor Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims Claims through or on behalf of License...e, based on, arising out of, or resulting from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant of the Building or any other person. Notwithstanding anything in the foregoing provision of this Agreement to the contrary, SmartLabs Section, Licensor Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage Claims caused by SmartLabs Licensor Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Licensor Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). Notwithstanding anything to the contrary set forth in this Agreement, if Licensee or anyone having claims through or on behalf of Licensee is awarded a judgment or other remedy against Licensor Parties, the recourse for satisfaction of the same shall be limited to execution against Licensor's interest in the Lease. No natural person, in his / her capacity as a member, officer other asset of Licensor Parties' shall be available to satisfy, or director of SmartLabs, be subject to, such judgment or other remedy, nor shall any such person be held to have any personal liability for satisfaction of or any claim or judgment. View More
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, Licensor, their respective respective, members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs "Licensor Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims through or on behalf of Licensee, base...d on, arising out of, or resulting from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant of the Building or any other person. Notwithstanding anything in the foregoing provision of this Agreement to the contrary, SmartLabs Section, Licensor Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage caused by SmartLabs Licensor Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Licensor Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). No natural person, in his / her capacity as a member, officer or director of SmartLabs, Licensor Parties' shall be held to have any personal liability for satisfaction of or any claim or judgment. View More
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, Licensor, their respective respective, members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs "Licensor Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims through or on behalf of Licensee, base...d on, arising out of, or resulting from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant of the Building or any other person. Notwithstanding anything in the foregoing provision of this Agreement to the contrary, SmartLabs Section, Licensor Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage caused by SmartLabs Licensor Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Licensor Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). No natural person, in his / her capacity as a member, officer or director of SmartLabs, shall have any personal liability for satisfaction of any claim or judgment.View More
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, their respective respective, members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims through or on behalf of Licensee, based on, arising out of..., or resulting from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant 4163-4155-0636.2 Exhibit 10.1 of the Building or any other person. Notwithstanding anything in the foregoing provision of this Agreement to the contrary, Section, SmartLabs Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage caused by SmartLabs Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). Notwithstanding anything to the contrary set forth in this Agreement, if Licensee or anyone having claims through or on behalf of Licensee is awarded a judgment or other remedy against SmartLabs Parties, the recourse for satisfaction of the same shall be limited to execution against SmartLabs' interest in the Building. No natural person, in his / her capacity as a member, officer other asset of SmartLabs Parties' shall be available to satisfy, or director of SmartLabs, be subject to, such judgment or other remedy, nor shall any such person be held to have any personal liability for satisfaction of or any claim or judgment. View More
Limit of Liability. Notwithstanding anything to the contrary contained in this Agreement, Landlord, SmartLabs, their respective respective, members, officers, directors, employees, agents, servants, lenders, mortgagees, ground lessors beneficiaries and contractors (collectively, the "SmartLabs Parties"), shall not be liable for any damages or injury to person or property or resulting from the loss of use thereof sustained by Licensee or anyone having claims through or on behalf of Licensee, based on, arising out of..., or resulting from, any cause whatsoever, including any due to the Building becoming out of repair, or due to the occurrence of any accident or event in or about the Building, or due to any act or neglect of any tenant or occupant 4163-4155-0636.2 of the Building or any other person. Notwithstanding anything in the foregoing provision of this Agreement to the contrary, Section, SmartLabs Parties shall not be released from liability to Licensee for any damages or physical injury to any natural person or property damage caused by SmartLabs Parties' gross negligence or willful misconduct to the extent such injury or damage is not covered by 6 insurance either carried by Licensee (or such person) or required by this Agreement to be carried by Licensee; provided that SmartLabs Parties shall not, under any circumstances, be liable for any exemplary, punitive, consequential or indirect damages (or for any interruption of or loss to business). Notwithstanding anything to the contrary set forth in this Agreement, if Licensee or anyone having claims through or on behalf of Licensee is awarded a judgment or other remedy against SmartLabs Parties, the recourse for satisfaction of the same shall be limited to execution against SmartLabs' interest in the Building. No natural person, in his / her capacity as a member, officer other asset of SmartLabs Parties' shall be available to satisfy, or director of SmartLabs, be subject to, such judgment or other remedy, nor shall any such person be held to have any personal liability for satisfaction of or any claim or judgment. View More
