Common use of Damages Limitation Clause in Contracts

Damages Limitation. IMEC shall not be liable for any direct or indirect damages, including but not limited to loss of profits, loss of use, loss of goodwill, interruption of business and/or extended, special, incidental or consequential damages, of any kind, in connection with or arising out of the furnishing, performance and/or use of the Technical Data, regardless of whether such damages are alleged and/or sought under contract, tort and/or other theories of law. No obligation or liability shall arise or flow out of IMEC' rendering technical or other advice in connection with the Technical Data. Licensee further agrees that IMEC will not be liable for any claim or demand against Licensee by any third party arising from the furnishing, performance and/or use of the Technical Data.

Appears in 5 contracts

Samples: Kit License Agreement, Kit License Agreement, Kit License Agreement

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