exemption clause

A contractual provision providing that a party will not be liable for damages for which that party would otherwise have ordinarily been liable. Cf. EXCEPTION CLAUSE; EXCULPATORY CLAUSE; INDEMNITY CLAUSE. [Cases: Contracts 114. C.J.S. Contracts § 271.]

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词条贡献者

译者Jason，毕业于世界顶级翻译学院，擅长翻译各种与税务信贷融资及社区发展相关的法律文件。