CONSEQUENTIAL; SPECIAL DAMAGES Sample Clauses
The "Consequential; Special Damages" clause limits or excludes a party’s liability for damages that are not a direct result of a breach, such as lost profits, loss of business opportunities, or other indirect losses. In practice, this clause typically specifies that neither party will be responsible for damages that arise as a secondary effect of a contract breach, even if those damages were foreseeable. Its core function is to allocate risk by preventing potentially large and unpredictable financial liabilities, thereby providing greater certainty and protecting parties from disproportionate losses.
CONSEQUENTIAL; SPECIAL DAMAGES. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES OR EXPENSES OR LOST PROFITS (REGARDLESS OF HOW CHARACTERIZED AND EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) UNDER OR IN CONNECTION WITH THIS AGREEMENT, REGARDLESS OF THE FORM OF ACTION (WHETHER IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, STATUTORY LIABILITY OR OTHERWISE).
CONSEQUENTIAL; SPECIAL DAMAGES. In the event that any damage to the Property, furnishings or contents is incurred during your stay in excess of normal wear and tear or if the Company has to close the Property and/or cancel any existing reservations due to such damage to the Property, or in the event the Property is otherwise left unusable and/or soiled or has to be remediated due to the use of cannabis or tobacco cigarettes, cigars, electronic cigarettes or any similar product whose use generates smoke or vapors, you agree the Rental Party shall be responsible for any consequential and/or special damages incurred by the Company, including but not limited to, any loss of profit/revenue, loss of anticipated profits or revenue, cost of temporary equipment or services, damage to the Company’s brand/reputation, or loss of use of the property, arising out of the Rental Party’s use or occupancy of the Property or breach of any term or condition of the Agreements. If the Company has to cancel any existing reservations due to the Rental Party’s damage or soiling of the Property until the Property is repaired and/or remediated to its prior condition, the Company reserves the right to cancel all existing reservations during the closure of the Property for such cleaning, repairs or remediation needed and issue refunds to those customers whose reservations are cancelled, along with issuing those customers a $500 credit for the inconvenience of the cancelled reservation, the costs of which the Rental Party acknowledges and agrees it is responsible for.
CONSEQUENTIAL; SPECIAL DAMAGES. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES OR EXPENSES OR LOST PROFITS OR LOST BUSINESS REVENUE, GOODWILL OR ANTICIPATED SAVINGS, (REGARDLESS OF HOW CHARACTERIZED AND EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) UNDER OR IN CONNECTION WITH THIS AGREEMENT, REGARDLESS OF THE FORM OF ACTION (WHETHER IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, STATUTORY LIABILITY OR OTHERWISE).