Common use of Liability for Property Damage Clause in Contracts

Liability for Property Damage. The Parties shall be responsible to the other for loss of, damage to, or theft of the other party’s property, whether owned, leased or rented, resulting from the acts, omissions, negligence, gross negligence or willful misconduct of such party or its respective employees, agents, or attendees, provided that with respect to employees and agents, such individuals were acting within the scope of their employment or agency, as applicable.

Liability for Property Damage. The Parties shall be responsible to the other for loss of, damage to, or theft of the other party’s property, whether owned, leased or rented, resulting from the acts, omissions, negligence, gross negligence or willful misconduct of such party or its respective employees, agents, guests or attendeesinvitees, provided that with respect to employees and agents, such individuals were acting within the scope of their employment or agency, as applicable.. 36