Common use of No Liability for Ordinary Negligence Clause in Contracts

No Liability for Ordinary Negligence. Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Borrower or any other party through the ordinary negligence of Silicon, or any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon.

Appears in 12 contracts

Samples: Loan and Security Agreement (Rogue Wave Software Inc /Or/), Loan Modification Agreement (Cascade Microtech Inc), Loan and Security Agreement (Broadcom Corp)

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No Liability for Ordinary Negligence. Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other person Person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Borrower or any other party through the ordinary negligence of Silicon, or any of its directors, officers, employees, agents, attorneys or any other person Person affiliated with or representing Silicon, but nothing herein shall relieve Silicon and such other parties from liability for its own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambridge Heart Inc)

No Liability for Ordinary Negligence. Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Borrower or any other party through the ordinary negligence of Silicon, or any of its directors, officers, employees, agents, attorneys attorneys, or any other person affiliated with or representing Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Analogy Inc)

No Liability for Ordinary Negligence. Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Borrower or any other party through party, except as a result of the ordinary gross negligence or willful misconduct of Silicon, or any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Kofax Image Products Inc)

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No Liability for Ordinary Negligence. Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Borrower or any other party claiming through or on behalf of Borrower through the ordinary negligence of Silicon, or any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (U S Online Communications Inc)

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