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 (or for any compensation to the other) arising from or incident to any termination of this Agreement by such party which complies with the terms of this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreement

Appears in 2 contracts

Sources: 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 (or for any compensation to the other) arising from or incident to the terminating party's exercise of its termination rights under this Agreement. In particular, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales related to such exercise of termination of this Agreement by such party which complies with the terms of this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreementrights.

Appears in 2 contracts

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

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 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 of this Agreement by such party which complies with the terms of this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreementrights.

Appears in 2 contracts

Sources: Technology License Agreement (Tivo Inc), Technology License 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 (or for any compensation to the other) arising from or incident to the terminating party’s exercise of its termination rights under this Agreement. In particular, without limiting the foregoing, the terminated party shall not be entitled to any damages on account of prospective profits or anticipated sales related to such exercise of termination of this Agreement by such party which complies with the terms of this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreementrights.

Appears in 2 contracts

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

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 terms of this Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreement.

Appears in 1 contract

Sources: 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 terms of this the Agreement whether or not such party is aware of any such damage, loss or expenses. Distribution Agreement.

Appears in 1 contract

Sources: Marketplace Terms and Conditions