Common use of Remedies and Limitation of Liability Clause in Contracts

Remedies and Limitation of Liability. 6.1 In the event that any Service performed by Provider hereunder is not performed in accordance with the provisions of Article 1, Recipient’s sole remedy shall be, at the election of Recipient either (i) to require Provider to re-perform such Service in accordance with Article 1 without obligation on the part of Recipient to make payment for such performance, (ii) to provide Recipient with a credit in an equivalent amount towards the future purchase of Services, as contemplated by this Services Agreement, or (iii) to require Provider to pay the cost of replacing such Services with a third-party provider, and Provider shall not be liable for any other loss or damage on account of the performance of any Service.

Appears in 5 contracts

Samples: Transition Services Agreement (Vishay Precision Group, Inc.), Transition Services Agreement (Vishay Precision Group, Inc.), Transition Services Agreement (Vishay Precision Group, Inc.)

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