Limitation of liability clauses are typically viewed by the courts as acceptable, while exclusion clauses are not. Courts in many jurisdictions look very carefully at these clauses, and so it's important to ensure that they are drafted reasonably and correctly or they might be overturned. In ...
Define liability limitation. liability limitation synonyms, liability limitation pronunciation, liability limitation translation, English dictionary definition of liability limitation. n. 1. The act of limiting or the state of being limited: He was very
Limitation of Liability Clauses and the Adequacy of DamagesStephenson, Julia
1英语翻译Limitation of Liability责任范围Notwithstanding any other clause of this Contract,the total extent of the Contractor's liability to Principal (including,for the avoidance of doubt,liability to pay liquidated damages) whether arising under or in connection with this Contract or the performance ...
and did not leave property or estate therein, that could, by common and ordinary process of law be attached, in that case, the person who is entitled to such action, may commence the same, within the respective periods limited in the preceding clause, after such person's return into the ...
limitation of actions Also found in:Dictionary,Thesaurus,Medical,Financial,Encyclopedia. n. the period of time in which a person has to file with the clerk of the court or appropriate agency what he/she/it believes is a valid lawsuit or claim. The period varies greatly depending on what type...
So, let’s get started and learn everything you need to know about limitation of liability clauses! 👀 At a glance ⬇️ What is a limitation of liability clause? Why is limitation of liability important? Key Elements of the Limitation of Liability Clause What is an example...
Thus, contracting parties are free to agree on certain limits to their liability. At least in theory. Under UAE law, however, LOL clauses will not always be upheld by the Courts (or Arbitral Tribunal, as the case may be) and are subject to exceptions. The exceptions may be consensual ...
GE 341 WINTER 2004 STANDARD LIMITATION OF LIABILITY CLAUSES LIMITATIONS clauses used throughout body of most geotechnical reports: When describing groundwater conditions: Long term variability Depth to groundwater levels recorded on our boring logs is subject to many variables and may not be ...
Limitation on Liability. 翻译结果2复制译文编辑译文朗读译文返回顶部 limitation of liability; 翻译结果3复制译文编辑译文朗读译文返回顶部 Limitation of liability clause 翻译结果4复制译文编辑译文朗读译文返回顶部 Limitation of liability clause 翻译结果5复制译文编辑译文朗读译文返回顶部 Responsibility limit provision ...