Common use of Essential Basis Clause in Contracts

Essential Basis. The disclaimers, exclusions and limitations of liability set forth in this Agreement form an essential basis of the bargain between the Parties and shall apply notwithstanding the failure of their essential purpose.

Essential Basis. The disclaimers, exclusions and limitations of liability set forth in this the Agreement form an essential basis of the bargain between the Parties parties and shall apply notwithstanding even in the event of a failure of their essential purpose.