Examples of Excluded Claims in a sentence
Customer will defend and indemnify TBHD and hold it harmless from any and all claims, losses, deficiencies, damages, liabilities, costs, and expenses (including but not limited to reasonable attorneys’ fees) incurred by TBHD as a result of any claim by a third party arising from (i) Customer’s use of the Software in breach of this Agreement or (ii) the Excluded Claims.
Except for Excluded Claims each Party’s aggregate maximum liability for damages or other obligations arising out of or in connection with this Agreement, whether based upon a theory of contract or tort (including negligence) or otherwise, shall not exceed (i) the total amount of the Fee paid or due during the prior 12 month period or (ii) $10,000, whichever is greater (the “Base Cap”).
In the event either party asserts against the other party in a judicial forum both Arbitrable Claims and also Excluded Claims and/or Waived Claims, then such claims shall be bifurcated as follows: (a) Arbitrable Claims shall be subject to arbitration and (b) all Excluded Claims and any Waived Claims that a court or arbitrator in any proceeding between the Parties determines cannot lawfully be waived shall be adjudicated in court or such other forum as provided by law and not in arbitration.
With respect to Excluded Claims, in no event will TT’s aggregate maximum liability for damages or other obligations arising out of or in connection with this Agreement, whether based upon a theory of contract or tort (including negligence) or otherwise, exceed the greater of five (5) times the Base Cap or One Hundred Thousand United States Dollars (US $100,000).