Exemption Clause definition: Copy, customize, and use instantly
Introduction
The term "Exemption Clause" refers to a provision within a contract that limits or excludes one party’s liability in specific situations. It is essential for protecting parties from unexpected claims and ensuring clarity on the limits of responsibility in particular circumstances.
Below are various examples of how "Exemption Clause" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Exemption Clause" as limitation of liability
This definition ties "Exemption Clause" to limiting the liability of a party.
"Exemption Clause" means a clause in a contract that seeks to exclude or limit one party's liability for certain types of loss or damage, typically arising from negligence or other specified circumstances.
Definition of "Exemption Clause" as exclusion of responsibility
This definition connects "Exemption Clause" to the exclusion of responsibility.
"Exemption Clause" refers to a contractual provision that excludes a party's responsibility for certain events, including losses or damages that could arise in specific scenarios.
Definition of "Exemption Clause" as force majeure clause
This definition links "Exemption Clause" to force majeure events.
"Exemption Clause" means a provision in a contract that relieves a party from liability or obligation when certain unforeseen and unavoidable events, such as natural disasters or war, prevent performance.
Definition of "Exemption Clause" as disclaimer of liability
This definition ties "Exemption Clause" to a disclaimer of liability.
"Exemption Clause" refers to a clause in an agreement that disclaims liability, particularly for events that fall outside of reasonable control or expected risks.
Definition of "Exemption Clause" as waiver of claims
This definition connects "Exemption Clause" to the waiver of claims.
"Exemption Clause" means a provision that allows one party to waive claims or legal actions that could otherwise arise from specific situations outlined in the contract.
Definition of "Exemption Clause" as limitation of damages
This definition links "Exemption Clause" to limiting damages.
"Exemption Clause" refers to a provision that limits the amount of damages a party must pay in the event of a breach or other contractual failure.
Definition of "Exemption Clause" as insurance clause
This definition ties "Exemption Clause" to an insurance-related clause.
"Exemption Clause" means a clause that specifies circumstances under which one party is relieved from liability, often when insurance coverage is involved to mitigate the risk.
Definition of "Exemption Clause" as non-liability provision
This definition connects "Exemption Clause" to non-liability.
"Exemption Clause" refers to a provision that excludes a party’s liability for certain types of loss, often due to acts of third parties or external factors outside their control.
Definition of "Exemption Clause" as event-specific exclusion
This definition links "Exemption Clause" to event-specific exclusions.
"Exemption Clause" means a clause that excludes liability or responsibility for certain specific events or conditions that may arise during the term of the contract.
Definition of "Exemption Clause" as relief from obligations
This definition ties "Exemption Clause" to relief from obligations.
"Exemption Clause" refers to a provision that provides relief from contractual obligations in the event that specific conditions or contingencies arise that make performance impossible.
Definition of "Exemption Clause" as risk allocation
This definition connects "Exemption Clause" to risk allocation.
"Exemption Clause" means a provision in a contract that allocates risks between the parties, specifying which party will not be held liable for certain events or outcomes.
Definition of "Exemption Clause" as liability cap
This definition links "Exemption Clause" to a cap on liability.
"Exemption Clause" refers to a provision that establishes a maximum limit on the amount a party can be liable for in case of breach or other contractual issues.
Definition of "Exemption Clause" as fault exclusion
This definition ties "Exemption Clause" to exclusion of fault.
"Exemption Clause" means a provision that excludes liability for damages or losses caused by the fault or negligence of one of the parties, under certain defined conditions.
Definition of "Exemption Clause" as unforeseeable circumstances exclusion
This definition connects "Exemption Clause" to unforeseeable circumstances.
"Exemption Clause" refers to a clause that excludes liability in the event of unforeseeable circumstances or incidents that cannot be reasonably prevented.
Definition of "Exemption Clause" as contractual defense
This definition links "Exemption Clause" to a contractual defense.
"Exemption Clause" means a clause used by a party as a defense to avoid responsibility or liability for specific types of breach or failure, as outlined in the contract.
Definition of "Exemption Clause" as express exclusion
This definition ties "Exemption Clause" to an express exclusion of liability.
"Exemption Clause" refers to a clearly stated exclusion in a contract that specifically denies responsibility or liability for certain events or consequences.
Definition of "Exemption Clause" as standard form exclusion
This definition connects "Exemption Clause" to standard form contracts.
"Exemption Clause" means a clause typically included in standard form contracts that excludes or limits the liability of one party in relation to certain specified risks or circumstances.
Definition of "Exemption Clause" as breach exception
This definition links "Exemption Clause" to breach exceptions.
"Exemption Clause" refers to a provision that specifies certain exceptions under which a party is not liable for breach of contract, often based on external factors or uncontrollable events.
Definition of "Exemption Clause" as statutory exclusion
This definition ties "Exemption Clause" to statutory exclusions.
"Exemption Clause" means a contractual provision that seeks to exclude liability for breaches or events that would otherwise be subject to statutory regulations or requirements.
Definition of "Exemption Clause" as consequence limitation
This definition connects "Exemption Clause" to limiting consequences.
"Exemption Clause" refers to a provision that limits the consequences a party will face if certain conditions, such as breaches or damages, occur during the term of the contract.
Definition of "Exemption Clause" as contractual safeguard
This definition links "Exemption Clause" to safeguarding contractual performance.
"Exemption Clause" means a provision that acts as a safeguard for a party, relieving them from liability or responsibility under specific circumstances outlined in the contract.
Definition of "Exemption Clause" as exclusion from warranties
This definition ties "Exemption Clause" to the exclusion of warranties.
"Exemption Clause" refers to a provision that excludes certain warranties or guarantees related to the quality or performance of goods or services in a contract.
Definition of "Exemption Clause" as negligence exclusion
This definition connects "Exemption Clause" to exclusion of negligence liability.
"Exemption Clause" means a clause in a contract that excludes a party’s liability for negligence or other forms of misconduct in specified situations.
Definition of "Exemption Clause" as contract breach exclusion
This definition links "Exemption Clause" to contract breach exclusions.
"Exemption Clause" refers to a provision that excludes or limits liability for breach of contract, often when the breach is caused by factors beyond a party's reasonable control.
Definition of "Exemption Clause" as tort liability exclusion
This definition ties "Exemption Clause" to exclusion of tort liability.
"Exemption Clause" means a clause that excludes liability for torts, such as negligence or misrepresentation, occurring under certain defined circumstances within the contract.
Definition of "Exemption Clause" as hardship provision
This definition connects "Exemption Clause" to hardship clauses.
"Exemption Clause" refers to a provision in a contract that allows a party to be excused from performance due to hardship or adverse conditions that make performance commercially unreasonable.
Definition of "Exemption Clause" as dispute resolution exclusion
This definition links "Exemption Clause" to dispute resolution exclusions.
"Exemption Clause" means a clause that excludes or limits liability for disputes that may arise in the course of contract performance, including those related to unforeseen external factors.
Definition of "Exemption Clause" as performance exclusion
This definition ties "Exemption Clause" to exclusion of performance liability.
"Exemption Clause" refers to a provision that excludes a party's obligation to perform under the contract due to conditions that are outside their control or anticipation.
Definition of "Exemption Clause" as jurisdiction limitation
This definition connects "Exemption Clause" to jurisdictional limits.
"Exemption Clause" means a clause that limits the jurisdiction under which a dispute can be resolved, excluding certain courts or regions from having authority over the contract.
Definition of "Exemption Clause" as non-performance defense
This definition links "Exemption Clause" to non-performance defenses.
"Exemption Clause" refers to a defense used by a party to avoid liability for non-performance based on circumstances described in the contract, such as an unforeseeable event.
Definition of "Exemption Clause" as contract termination provision
This definition ties "Exemption Clause" to contract termination.
"Exemption Clause" means a provision that allows a party to terminate the contract without penalty if certain exempting conditions or events occur, such as force majeure.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.