Common use of No Liability for Termination Clause in Contracts

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party's exercise of its termination rights under this Agreement. In particular, without in any way limiting the foregoing, neither party shall be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 2 contracts

Samples: Technology License Agreement (Tivo Inc), Technology License Agreement (Tivo Inc)

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No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terminating party's exercise terms of its termination rights under this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreement. In particular, without in any way limiting the foregoing, neither party shall be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 2 contracts

Samples: Distribution Agreement (Com21 Inc), Distribution Agreement (Com21 Inc)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither The terminating party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party's exercise of its termination rights under this Agreement. In particular, without in any way limiting the foregoing, neither the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 2 contracts

Samples: Development Agreement (Tivo Inc), Services Agreement (Tivo Inc)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither The terminating party shall not incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party's ’s exercise of its termination rights under this Agreement. In particular, without in any way limiting the foregoing, neither the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 2 contracts

Samples: Services Agreement (Tivo Inc), Services Agreement (Tivo Inc)

No Liability for Termination. Each party Party understands that the rights of termination hereunder are absoluteabsolute and, except as provided otherwise in this Agreement, are cumulative with any other legal and equitable remedies that may be available to the terminating Party. Neither party Party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other arising from or incident to the terminating party's Party’s proper exercise of its termination rights under in accordance with Section 14.2 of this Agreement. In particular, without in any way limiting the foregoing, neither party Party shall be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 1 contract

Samples: Development Cost Sharing Agreement (Tivo Inc)

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No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terminating party's exercise terms of its termination rights the Agreement whether or not such party is aware of any such damage, loss or expenses. Termination is not the sole remedy under this Agreement. In particular, without in any way limiting the foregoing, neither party shall be entitled to any damages on account of prospective profits or anticipated sales directly related to such exercise of termination rights.

Appears in 1 contract

Samples: Joint Sales and Marketing Agreement (Synnex Corp)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terminating party's exercise terms of its termination rights under this Agreement. In particularAgreement whether or not such party is aware of any such damage, without in any way limiting the foregoing, neither party shall be entitled to any damages on account of prospective profits loss or anticipated sales directly related to such exercise of termination rightsexpenses.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interphase Corp)

No Liability for Termination. Each party understands that the rights of termination hereunder are absolute. Neither party shall incur any liability whatsoever for any damage, loss or expenses of any kind suffered or incurred by the other (or for any compensation to the other) arising from or incident to any termination or expiration of this Agreement by such party which complies with the terminating party's exercise terms of its termination rights under this Agreement. In particularthe Agreement whether or not such party is aware of any such damage, without in any way limiting the foregoing, neither party shall be entitled to any damages on account of prospective profits loss or anticipated sales directly related to such exercise of termination rightsexpenses.

Appears in 1 contract

Samples: Zeepup Marketplace Terms and Conditions

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