Common use of Remedies Cumulative; Limitations of Liability Clause in Contracts

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V shall be cumulative and, subject to the provisions of Article VII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco or its Subsidiaries, on the one hand, nor GGP or its Subsidiaries, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 7 contracts

Samples: Separation Agreement (Rouse Properties, Inc.), Separation Agreement (Rouse Properties, Inc.), Separation Agreement (Howard Hughes Corp)

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Remedies Cumulative; Limitations of Liability. The rights provided in this Article V shall be cumulative and, subject to the provisions of Article VII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco OpCo or its SubsidiariesAffiliates, on the one hand, nor GGP Pinnacle or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 7 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (PNK Entertainment, Inc.), Separation and Distribution Agreement (Gaming & Leisure Properties, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VI shall be cumulative and, subject to the provisions of Article VIIIX, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco the Company or its SubsidiariesAffiliates, on the one hand, nor GGP Genworth or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, incidental, punitive, consequential, exemplary, remote, speculative statutorily- enhanced or similar damages in excess of compensatory damages (collectively, “Special Damages”provided that any such liability with respect to a Third-Party Claim shall be considered direct damages) of the other arising in connection with the Transactions (provided, that or any such liability with respect to a Third Party Claim shall be considered direct damages)of the other Transaction Documents.

Appears in 4 contracts

Samples: Master Agreement (Enact Holdings, Inc.), Master Agreement (Enact Holdings, Inc.), Master Agreement (Enact Holdings, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VII shall be cumulative and, subject to the provisions of Article VIIIX, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco CS&L or its SubsidiariesAffiliates, on the one hand, nor GGP WHI, Windstream or its Subsidiariestheir Affiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 3 contracts

Samples: Assignment, Conveyance and Assumption Agreement, Separation and Distribution Agreement (Communications Sales & Leasing, Inc.), Separation and Distribution Agreement (Communications Sales & Leasing, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VI shall be cumulative and, subject to the provisions of Article VIIIX, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco the Company or its SubsidiariesAffiliates, on the one hand, nor GGP Genworth or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, incidental, punitive, consequential, exemplary, remote, speculative statutorily-enhanced or similar damages in excess of compensatory damages (collectively, “Special Damages”provided that any such liability with respect to a Third-Party Claim shall be considered direct damages) of the other arising in connection with the Transactions (provided, that or any such liability with respect to a Third Party Claim shall be considered direct damages)of the other Transaction Documents.

Appears in 3 contracts

Samples: Master Agreement (Enact Holdings, Inc.), Master Agreement (Genworth Mortgage Holdings, Inc.), Master Agreement (Genworth Mortgage Holdings, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V shall be cumulative and, subject to the provisions of Article VII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco GLPI or its SubsidiariesAffiliates, on the one hand, nor GGP Penn or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Gaming & Leisure Properties, Inc.), Separation and Distribution Agreement (Gaming & Leisure Properties, Inc.), Separation and Distribution Agreement (Gaming & Leisure Properties, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V IV shall be cumulative and, subject to the provisions of Article VIIVI, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco the Company or its Subsidiariesany other member of the Company Group, on the one hand, nor GGP MetLife or its Subsidiariesany other member of the MetLife Group, on the other hand, shall be liable to the other for any special, indirect, incidental, punitive, consequential, exemplary, remote, speculative statutorily-enhanced or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, provided that any such liability Loss with respect to a Third Party Claim shall be considered direct damages)) of the other arising in connection with the Transactions or any of the other Transaction Documents or Corporate Reorganization Agreements.

Appears in 3 contracts

Samples: Master Separation Agreement, Master Separation Agreement (Metlife Inc), Master Separation Agreement (Brighthouse Financial, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V shall be cumulative and, subject to the provisions of Article VII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco Crimson or its Subsidiaries, on the one hand, nor GGP Leucadia or its Subsidiaries, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 2 contracts

Samples: Separation Agreement (Crimson Wine Group, LTD), Separation Agreement (Crimson Wine Group, LTD)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V X shall be cumulative and, subject to the provisions of Article VIIXI, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco MGP or its SubsidiariesAffiliates, on the one hand, nor GGP MGM or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions transactions (provided, that any such liability Liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 2 contracts

Samples: Master Transaction Agreement, Master Transaction Agreement (MGM Growth Properties Operating Partnership LP)

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Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VI shall be cumulative and, subject to the provisions of Article VIIVIII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco MGP or its SubsidiariesAffiliates, on the one hand, nor GGP MGM or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 2 contracts

Samples: Master Contribution Agreement (MGM Growth Properties LLC), Master Contribution Agreement (MGM Growth Properties LLC)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VI shall be cumulative and, subject to the provisions of Article VIIIX, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco the Company or its SubsidiariesAffiliates, on the one hand, nor GGP GECC or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, incidental, punitive, consequential, exemplary, remote, speculative statutorily-enhanced or similar damages in excess of compensatory damages (collectively, “Special Damages”provided that any such liability with respect to a Third-Party Claim shall be considered direct damages) of the other arising in connection with the Transactions (provided, that or any such liability with respect to a Third Party Claim shall be considered direct damages)of the other Transaction Documents.

Appears in 2 contracts

Samples: Master Agreement (Synchrony Financial), Master Agreement (Synchrony Financial)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V VII shall be cumulative and, subject to the provisions of Article VII, and shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco FCPT or its SubsidiariesAffiliates, on the one hand, nor GGP Xxxxxx or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages or lost profits in excess of compensatory damages (collectively, "Special Damages") of the other arising in connection with the Transactions (provided, that any such liability with respect to a Third Party Claim shall be considered direct damages).

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Four Corners Property Trust, Inc.), Separation and Distribution Agreement (Four Corners Property Trust, Inc.)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V shall be cumulative and, subject to the provisions of Article VII, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco Genworth or its SubsidiariesAffiliates, on the one hand, nor GGP or its Subsidiariesany GE Party, on the other hand, shall be liable to the other for any special, indirect, punitiveincidental, exemplary, remote, speculative punitive or similar damages in excess of compensatory consequential damages (collectively, “Special Damages”) of the other arising in connection with the Transactions (provided, provided that any such liability with respect to a Third Party Claim shall be considered direct damages)) of the other arising in connection with the Transactions.

Appears in 1 contract

Samples: Master Agreement (Genworth Financial Inc)

Remedies Cumulative; Limitations of Liability. The rights provided in this Article V X shall be cumulative and, subject to the provisions of Article VIIXI, shall not preclude assertion by any Indemnified Party of any other rights or the seeking of any and all other remedies against any Indemnifying Party. Notwithstanding the foregoing, neither Spinco MGP or its SubsidiariesAffiliates, on the one hand, nor GGP MGM or its SubsidiariesAffiliates, on the other hand, shall be liable to the other for any special, indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages (collectively, “Special Damages”) of the other arising in connection with the Transactions transactions (provided, that any such liability Liability with respect to a Third Party Claim shall be considered direct damages).. ARTICLE XI -

Appears in 1 contract

Samples: Master Transaction Agreement (MGM Growth Properties LLC)

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