Common use of No Punitive Damages Clause in Contracts

No Punitive Damages. Each party agrees that it shall not have a remedy of punitive or exemplary damages against the other in any Dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judicially.

Appears in 8 contracts

Samples: Credit Agreement (Sri Surgical Express Inc), Loan Credit Agreement (Farrel Corp), Credit and Reimbursement Agreement (Aaron Rents Inc)

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No Punitive Damages. Each party agrees that it shall not have a remedy of punitive or exemplary damages against the other in any Dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judicially.

Appears in 5 contracts

Samples: Loan, Pledge and Security Agreement (Softech Inc), Loan, Pledge and Security Agreement (Softech Inc), Loan, Pledge and Security Agreement (Softech Inc)

No Punitive Damages. Each party Party agrees that it shall not have a remedy of punitive or exemplary damages against the any other in any Dispute dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Disputedispute, whether the Dispute dispute is resolved by arbitration or judicially.

Appears in 4 contracts

Samples: Loan Agreement (Atlantic Blue Group, Inc.), Loan Agreement (Alico Inc), Loan Agreement (Atlantic Blue Group, Inc.)

No Punitive Damages. Each party agrees that it shall not have a remedy of punitive or exemplary damages against the other in any Dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judicially.

Appears in 4 contracts

Samples: Guaranty Agreement (Softech Inc), Guaranty Agreement (Solomon Technologies Inc), Guaranty Agreement (Solomon Technologies Inc)

No Punitive Damages. Each party agrees that it shall not have a remedy of punitive or exemplary damages against the other in any Dispute dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judiciallydispute.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (G8wave Holdings, Inc.), Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc), Credit and Security Agreement (Transact Technologies Inc)

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No Punitive Damages. Each party agrees that it shall not have a remedy of punitive or exemplary damages against the other in any Dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judiciallydispute.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Softech Inc), Security Agreement (Softech Inc)

No Punitive Damages. Each party agrees that it shall not have a ------------------- remedy of punitive or exemplary damages against the other in any Dispute and hereby waives any right or claim to punitive or exemplary damages it may have now or which may arise in the future in connection with any Dispute, whether the Dispute is resolved by arbitration or judicially.

Appears in 1 contract

Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)

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