Sole and exclusive remedy 뜻
WebJul 25, 2008 · Remedy. Seller shall be given reasonable and prompt opportunity to examine any claim of defect by the Buyer. Buyer agrees that its sole and exclusive remedy against … WebMar 8, 2024 · This note examines the use of an exclusive remedies clause and the steps that should be taken by an owner to protect its position if it must include an exclusive remedies clause in a contract. In particular, we focus on protections for the owner if the liquidated damages regime is held to be invalid and unenforceable. Image by Pixabay.
Sole and exclusive remedy 뜻
Did you know?
WebT he sole and exclusive remedy for any unit found. [...] to be defective is repair or replacement, at the option of the seller. gys.fr. gys.fr. L e remède unique et exclusif pour … WebSep 26, 2024 · A sole and exclusive remedy clause allows parties to a contract to choose specific remedies and relief available under the terms of the agreement. Essentially, …
WebA Standard Clause stating the parties' intention to provide for equitable remedies for breach of contract in addition to or instead of monetary relief. If the parties intend that certain express remedies like liquidated damages constitute the exclusive or sole remedy for a particular breach, the parties can include the alternative exclusive remedy carve-out. WebRelated to Sole remedy for delay. Sole Remedy This Section 2.7 states the sole remedy available to Noteholders for the replacement or payment of mutilated, destroyed, lost or stolen Notes.. Sole Remedies THE SOLE AND EXCLUSIVE REMEDIES FOR BREACH OF ANY ----- AND ALL WARRANTIES AND THE SOLE REMEDIES FOR THE COMPANY'S LIABILITY IF …
WebSep 26, 2024 · A sole and exclusive remedy clause allows parties to a contract to choose specific remedies and relief available under the terms of the agreement. Essentially, exclusive remedy provisions restrict ... WebExclusive Remedy. Licensee's exclusive remedy and Licensor's entire liability for breach of this Agreement shall be limited, at Licensor's sole and exclusive discretion, to: (a) Replacement: of any defective Software or documentation; or (b) Refund: of the license fee paid to Licensor, payable in accordance with Licensor's refund policy.
WebExclusive remedy is a provision of workers' compensation law which allows that a worker's remedy for a work-related injury includes only workers' compensation benefits and limits or eliminates a worker's right to file a personal injury lawsuit if they are injured at work. Under exclusive remedy, the worker forfeits their right to sue their ...
hiking trails near west linn oregonhttp://constructionblog.practicallaw.com/exclusive-remedies-regimes-how-exclusive-is-exclusive/ hiking trails near wevertownWebMay 14, 2015 · No.9813-CB (Del. Ch. Apr. 24, 2015, rev. Apr. 27, 2015), the Delaware Court of Chancery held that an exclusive remedy clause in a stock purchase agreement (SPA) did not require the parties to ... small white cushions ukWebRelated to Buyer's Sole and Exclusive Remedy. Sole and Exclusive Remedy To the extent permissible under Applicable Law, this Section 7.1 represents the sole and exclusive … hiking trails near west jefferson ncWebApr 6, 2010 · The phrase “sole and exclusive license,” for example, is common yet contradictory. “Sole,” on the one hand, means only one person has the legal right to use the product. “Exclusive,” however, actually means only one other person has that right. The phrase sole and exclusive license certainly occurs in granting language. small white cupboard with drawersWebDec 28, 2024 · English term or phrase: sole and exclusive remedies. Buenos días, Espero que puedan ayudarme con una expresión al español: “sole and exclusive remedies”, relacionada con un contrato de distribución de equipos médicos y tecnología médica. Muchas gracias: “Limitation of Liability and Remedies: - The limitations set above will not ... hiking trails near wilkes barre paWebApr 1, 2024 · To overcome the presumption that a limited remedy is cumulative or optional, counsel for the seller should describe the remedy with phrases such as “exclusive … small white curved desk