Common use of Liability for Damage Clause in Contracts

Liability for Damage. 10.1 The Contractual Parties acknowledge that a breach of a duty under this Agreement by a Contractual Party may result in the other Contractual Party incurring damage, and undertake to compensate the other Contractual Party for any damage so caused.

Appears in 2 contracts

Sources: Cooperation Agreement, Cooperation Agreement

Liability for Damage. 10.1 The Contractual Parties acknowledge that a breach of a duty under this Agreement by a Contractual Party may result in the other Contractual Party incurring damage, and undertake to compensate the other Contractual Party for any damage so caused.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement

Liability for Damage. 10.1 9.1. The Contractual Parties acknowledge that a breach of a duty under this Agreement by a Contractual Party may result in incurring damage to the other Contractual Party incurring damage, and undertake to compensate the other Contractual Party for any damage so causedcaused damage.

Appears in 1 contract

Sources: Cooperation Agreement