Common use of Licensee Acknowledgment Clause in Contracts

Licensee Acknowledgment. Pegasus understands and agrees that most participating hotels are independently owned and operated by licensees, that HHC does not control the day to day operations of licensed hotels, that HHC assumes no liability for the acts or omissions of a licensed hotel. HHC, its parents, subsidiaries, or affiliated companies shall not be liable for any activities of a licensed hotel or for any special, incidental, indirect or consequential damages even if it has been advised of the possibility of such damage.

Appears in 2 contracts

Sources: Distribution Services Agreement (Pegasus Systems Inc), Distribution Services Agreement (Pegasus Systems Inc)