General Terms and ConditionsGeneral Terms and Conditions
Continuing Obligation. Termination of this Agreement will not relieve the Owner of any liabilities or obligations, damages, costs and expenses, claims, legal fees and disbursements owed to Genesis or the Distributor as a result of Owner’s default or failure to adhere to this Agreement.
Limitation of Liability. The liability of the Genesis Parties shall be limited as detailed in this section. The following limitations of liability shall apply to this Agreement to the full extent permitted by law:
THE MAXIMUM AGGREGATE TOTAL LIABILITY OF THE GENESIS PARTIES FOR ANY ACTUAL AND DIRECT DAMAGES INCURRED BY AN OWNER, RESULTING FROM ANY ACTS OR OMISSIONS OF THE GENESIS PARTIES, INCLUDING BUT NOT LIMITED TO NEGLIGENCE CAUSING DAMAGE, FAILURE TO DELIVER, LOSS OR THEFT OR DAMAGE, SHALL BE THE LESSER OF: (i) THE REASONABLE COST TO REPLACE ALL DAMAGED OR LOST ITEMS OR AFFECTED SERVICES WITH ITEMS OR SERVICES IN SIMILAR CONDITION, TAKING INTO ACCOUNT ANY WEAR AND TEAR; (ii) $250 WHERE ONLY DISTRIBUTOR SERVICES ARE AFFECTED; or (iii) $2500 FOR ALL DAMAGED OR LOST ITEMS OR AFFECTED SERVICES.
THE GENESIS PARTIES SHALL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES SUFFERED BY A THIRD-PARTY, OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES (INCLUDING ANY COSTS OR EXPENSES, LEGAL OR OTHERWISE, RELATIVE THERETO), OF ANY NATURE WHATSOEVER, SUFFERED BY ANY PERSON, FIRM OR CORPORATION, ARISING FROM ANY ASPECT OF THE PLAN OR FROM ANY DELAYS IN IMPLEMENTING SERVICES UNDER THE PLAN, INCLUDING BUT NOT LIMITED TO LABOUR AND WORKMANSHIP INCIDENTAL TO THE PLAN.
THE GENESIS PARTIES SHALL NOT BE LIABLE FOR DAMAGE CAUSED BY THE USE OR OPERATION OF TIRES OR RIMS BY THE OWNER OR ANY THIRD PARTIES.
IN NO EVENT WILL GENESIS PARTIES BE LIABLE FOR AIR LOSS OR CORROSION THAT IS A NORMAL CONSEQUENCE OR TIRE STORAGE.
Severability. If any term or provision of this Agreement, or the application thereof to any person or circumstance, shall be contrary to law or shall be adjudged by any court or government agency of competent jurisdiction to be invalid, void or unenforceable, such term or provision shall be deemed deleted from this Agreement and the remaining provisions and any application thereof shall continue in full force and effect. Further, the parties agree to substitute for such invalid provision a valid provision which most closely approximates the intent and economic effect of the invalid provision.
Binding Agreement. This Agreement is binding upon the parties, their heirs, executors, legal representatives, successors and permitted assigns and will be construed and interpreted in accordance with the laws of the province of Ontario.
No Waiver of Right. No delay or omission in the exercise of any right or remedy of Genesis on any default by an Owner shall impair such right or remedy or be construed as a waiver. The consent or approval of any act by an Owner requiring such consent or approval shall not be deemed to waive or render unnecessary the consent to or approval of Genesis for any subsequent act of the Owner. Any waiver by Genesis must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.
Further Costs. Genesis and the Distributors retains the right to charge Owner for all costs (including legal fees and disbursements) incurred by Genesis or the Distributors in enforcing any of the terms, provisions, or covenants set out in this Agreement.