Punitive or Exemplary Damages. In any arbitration arising out of or related to this Lease, the arbitrator is not empowered to award punitive or exemplary damages, except where mandated by statute, and the parties waive any right to recover any such damages. This Section 17 will survive the termination or expiration of this Lease.
Punitive or Exemplary Damages. In any arbitration arising out of or related to this Agreement, the arbitrator is not empowered to award punitive or exemplary damages, except where mandated by statute, and the parties waive any right to recover any such damages.
Punitive or Exemplary Damages. Notwithstanding Exclusion 4.14 (Fines and Penalties), the Underwriters will indemnify the Insured for all Damages that are punitive or exemplary damages awarded for Personal Injury (for which coverage is determined to exist under the Injury Prevention, Rehabilitation, and Compensation Act 2001 or any amending or replacing legislation) where such Personal Injury happened in New Zealand during the Policy Period and was caused by an Occurrence in connection with the Insured’s Business. Provided that:
Punitive or Exemplary Damages. You are insured for reasonable costs incurred, where it is necessary for you to withdraw or recall your products, provided that:
Punitive or Exemplary Damages. No Indemnified Party shall be entitled to indemnification with respect to any Loss for any amounts in respect of punitive or exemplary damages except to the extent paid or owing to a third party.
Punitive or Exemplary Damages. No coverage is provided under any section of this Policy for damages, losses, judgments or decrees specifically described as punitive or exemplary damages.
Punitive or Exemplary Damages. Company and Licensee, on behalf of themselves and their respective Affiliates, directors, officers, shareholders, members, managers, guarantors employees and agents, as applicable, each hereby waive to the fullest extent permitted by law, any right to, or claim for, punitive or exemplary damages against the other and agree that, in the event of a dispute between them, each is limited to recovering only the actual damages proven to have been sustained by it.
Punitive or Exemplary Damages. Company and Franchisee, on behalf of themselves and their respective Affiliates, directors, officers, shareholders, members, managers, employees and agents, as applicable, each hereby waive to the fullest extent permitted by law, any right to, or claim for, punitive or exemplary damages against the other and agree that, in the event of a dispute between them, each is limited to recovering only the actual damages proven to have been sustained by it.
Punitive or Exemplary Damages. We and you, and our respective directors, officers, shareholders and guarantors, as applicable, each hereby waive to the fullest extent permitted by law, any right to, or claim for, punitive or exemplary damages against the other and agree that, in the event of a dispute between them, each is limited to recovering only the actual damages proven to have been sustained by it.
Punitive or Exemplary Damages. Company and Franchisee, on behalf of themselves and their respective Affiliates, directors, officers, shareholders, members, managers, guarantors employees and agents, as applicable, each hereby waive to the fullest extent permitted by law, any right to, or claim for, punitive or exemplary damages against the other and agree that, in the event of a dispute between them, each is limited to recovering only the actual damages proven to have been sustained by it.
