Common use of Fraud Exception Clause in Contracts

Fraud Exception. Notwithstanding anything contained herein to the contrary, there shall be no maximum liability or limit on the amount of any Losses for which Seller or Buyer shall be responsible for hereunder due to any intentional, willful or fraudulent breach by Seller or Buyer, respectively, of any covenants, obligations, or representations or warranties hereunder.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Cas Medical Systems Inc), Asset Purchase Agreement (Cas Medical Systems Inc)

Fraud Exception. Notwithstanding anything contained herein to the contrary, there shall be no maximum liability or limit on the amount of any Losses for which Seller Sellers or Buyer shall be responsible for hereunder due to any intentional, willful or fraudulent breach by Seller Sellers or Buyer, respectively, of any covenants, obligations, or representations or warranties hereunder.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cas Medical Systems Inc)