Reserved Liabilities Clause Samples
Reserved Liabilities. Nothing in this Agreement shall exclude or limit either Party’s Liability for:
(a) its infringement of the other Party’s Intellectual Property Rights; or
(b) matters for which Liability cannot be excluded or limited under applicable law.
Reserved Liabilities. With respect to any liability or potential liability for Expedia Travel Solution Taxes, Expedia Incremental Taxes or Expedia Travel Unclaimed Property Liabilities (and, in each case, any Losses relating thereto) for which Expedia has established a reserve pursuant to FASB Accounting Standards Codification 450, or any successor thereto, as amended or revised from time to time, in accordance with the Accounting Policies and Procedures (a “Reserved Liability”), Decolar shall not be entitled to dispute, except pursuant to the audit rights provided under