Common use of Punitive Damages Clause in Contracts

Punitive Damages. Neither party to this Agreement nor any of its Affiliates or Representatives shall be liable to any other party hereto or any of its Affiliates or Representatives for claims for punitive, special, exemplary or incidental damages, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law or any other legal or equitable principle. No party shall be entitled to rescission of this Agreement as a result of breach of any other party's representations, warranties, covenants or agreements, or for any other matter.

Appears in 2 contracts

Samples: Agreement and Plan of Recapitalization (Dresser Inc), Lease Agreement (Halliburton Co)

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Punitive Damages. Neither No party to this Agreement nor or any of its Affiliates or Representatives affiliates shall be liable to any other party hereto or any of its Affiliates or Representatives affiliates for claims for punitive, specialspecial or exemplary damages, exemplary arising out of or incidental damagesrelating to this Agreement or the transactions contemplated hereby, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law law or any other legal or equitable principle, and each party releases the others and their respective affiliates from liability for any such damages. No party shall be entitled to rescission of this Agreement as a result of breach of any other party's representations, warranties, covenants or agreements, or for any other matter.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/)

Punitive Damages. Neither No party to this Agreement nor or any of its Affiliates or Representatives shall be liable to any other party hereto or any of its Affiliates or Representatives for claims for punitive, specialspecial or exemplary damages, exemplary arising out of or incidental damagesrelating to this Agreement or the transactions contemplated hereby, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law law or any other legal or equitable principle, and each party releases the others and their respective Affiliates from liability for any such damages. No party shall be entitled to rescission of this Agreement as a result of breach of any other party's ’s representations, warranties, covenants or agreements, or for any other matter.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Expressjet Holdings Inc)

Punitive Damages. Neither party to this Agreement nor any ---------------- of its Affiliates or Representatives shall be liable to any other party hereto or any of its Affiliates or Representatives for claims for punitive, special, exemplary or incidental damages, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law or any other legal or equitable principle. No party shall be entitled to rescission of this Agreement as a result of breach of any other party's representations, warranties, covenants or agreements, or for any other matter.

Appears in 1 contract

Samples: Lease Agreement (Halliburton Co)

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Punitive Damages. Neither No party to this Agreement nor or any of its Affiliates or Representatives shall be liable to any other party hereto or any of its Affiliates or Representatives for claims for punitive, specialspecial or exemplary damages, exemplary arising out of or incidental damagesrelating to this Agreement or the transactions contemplated hereby, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law law or any other legal or equitable principle, and each party releases the others and their respective Affiliates from liability for any such damages. No party shall be entitled to rescission of this Agreement as a result of breach of any other party's representations, warranties, covenants or agreements, or for any other matter.

Appears in 1 contract

Samples: Capacity Purchase Agreement (Continental Airlines Inc /De/)

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