Common use of Exemplary Damages Clause in Contracts

Exemplary Damages. The Parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.

Appears in 14 contracts

Samples: Joint Operating Agreement, Stock Purchase Agreement, Carry Agreement

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Exemplary Damages. The Parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, consequential, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.

Appears in 4 contracts

Samples: Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)

Exemplary Damages. The Parties parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.

Appears in 4 contracts

Samples: Share Purchase Agreement, Multi Party Agreement, Share Purchase Agreement (Transatlantic Petroleum Ltd.)

Exemplary Damages. The Parties waive their rights to claim or recoverrecover from each other, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.

Appears in 3 contracts

Samples: Joint Operating Agreement (Discovery Energy Corp.), Joint Operating Agreement (BPZ Resources, Inc.), August (Duma Energy Corp)

Exemplary Damages. The Parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) ), except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Disputedispute.

Appears in 1 contract

Samples: Master Agreement (Freestone Resources, Inc.)

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Exemplary Damages. The Parties waive their rights to claim or recover, and it is expressly agreed that the arbitral tribunal arbitrators shall not awardhave no authority to award special, any punitiveindirect, multipleconsequential, exemplary or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Disputepunitive damages.

Appears in 1 contract

Samples: Farmout Agreement (Hyperdynamics Corp)

Exemplary Damages. The Parties waive their any rights to claim or recoverrecover from each other, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

Exemplary Damages. The Parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) ), except to the extent such damages have been awarded to a third party Party and are subject to allocation between or among the parties Parties to the Disputedispute.

Appears in 1 contract

Samples: Stock Purchase Agreement (Freestone Resources, Inc.)

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