Document ID: 14234

Text:
9.15 Limitation of Liability. LENDER SHALL NOT HAVE ANY LIABILITY TO BORROWER (WHETHER SOUNDING IN TORT, CONTRACT, OR OTHERWISE) FOR LOSSES SUFFERED BY BORROWER, AND BORROWER HEREBY WAIVES AND RELEASES ANY CLAIMS IN CONNECTION WITH, ARISING OUT OF, OR IN ANY WAY RELATED TO THE TRANSACTIONS OR RELATIONSHIPS CONTEMPLATED BY THIS AGREEMENT OR ANY ACT, OMISSION OR EVENT OCCURRING IN CONNECTION HEREWITH, UNLESS (AND THEN ONLY TO THE EXTENT) IT IS DETERMINED BY A FINAL AND NONAPPEALABLE JUDGMENT OR COURT ORDER BINDING ON LENDER THAT THE LOSSES WERE THE RESULT OF ACTS OR OMISSIONS CONSTITUTING GROSS NEGLIGENCE, WILLFUL MISCONDUCT, BREACH OF CONTRACT OR KNOWING OR GROSSLY NEGLIGENT VIOLATIONS OF APPLICABLE REQUIREMENTS OF LAW.

Named Entities:

Tokenized Text:
9
.
15
Limitation
of
Liability
.
LENDER
SHALL
NOT
HAVE
ANY
LIABILITY
TO
BORROWER
(
WHETHER
SOUNDING
IN
TORT
,
CONTRACT
,
OR
OTHERWISE
)
FOR
LOSSES
SUFFERED
BY
BORROWER
,
AND
BORROWER
HEREBY
WAIVES
AND
RELEASES
ANY
CLAIMS
IN
CONNECTION
WITH
,
ARISING
OUT
OF
,
OR
IN
ANY
WAY
RELATED
TO
THE
TRANSACTIONS
OR
RELATIONSHIPS
CONTEMPLATED
BY
THIS
AGREEMENT
OR
ANY
ACT
,
OMISSION
OR
EVENT
OCCURRING
IN
CONNECTION
HEREWITH
,
UNLESS
(
AND
THEN
ONLY
TO
THE
EXTENT
)
IT
IS
DETERMINED
BY
A
FINAL
AND
NONAPPEALABLE
JUDGMENT
OR
COURT
ORDER
BINDING
ON
LENDER
THAT
THE
LOSSES
WERE
THE
RESULT
OF
ACTS
OR
OMISSIONS
CONSTITUTING
GROSS
NEGLIGENCE
,
WILLFUL
MISCONDUCT
,
BREACH
OF
CONTRACT
OR
KNOWING
OR
GROSSLY
NEGLIGENT
VIOLATIONS
OF
APPLICABLE
REQUIREMENTS
OF
LAW
.