Common use of LIABILTY Clause in Contracts

LIABILTY. In the case of a defect of the Products AkzoNobel will only compensate Buyer for indirect damages if AkzoNobel has (at least jointly) caused these indirect damages by gross negligence. All claims for compensation will be time barred after one year from delivery to the Buyer. Nothing in this section will limit or exclude AkzoNobel’s liability for any matter in respect of which it is unlawful for AkzoNobel to exclude or restrict its liability, especially in connection with the harm to life, health, physical integrity, matters based on the Product-Liability act or in connection with core- contractual-obligations (Kardinalpflichten) or if the Products fail to have the warranted features (zugesicherte Eigenschaften).