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In recognition of the fact that it may be difficult to quantify the exact damages arising from infringement of this provision, Visitor agrees to compensate the owners of MoneyMedia.net with liquidated damages in the amount of U.S. $100,000, or, if it can be calculated, the actual costs and actual damages for breach of this provision, whichever is greater. Visitor warrants that he or she understands that accepting this provision is a condition of accessing MoneyMedia.net and that accessing MoneyMedia.net constitutes acceptance.
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INDEMNIFICATION Visitor agrees that in the event he causes damage to us or a third party as a result of or relating to the use of MoneyMedia.net, Visitor will indemnify us for, and, if applicable, defend us against, any claims for damages.
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APPLICABLE LAW Viewer, visitor, member, subscriber or customer agrees that the applicable law to be applied shall, in all cases, be that of the state of the owner of MoneyMedia.net