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Limited Liability for Damages

CategoryGeneral

Clause TypeRemedies

Definition

No liability for special, exemplary, punitive or consequential damages.

Example

In no event shall the Collateral Agent or the Administrative Agent be liable for any indirect, special, punitive or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, even if such loss or damage was foreseeable or it has been advised of the likelihood of such loss or damage and regardless of the form of action.