Common use of LIABILITY, INDEMNIFICATION AND FORCE MAJEURE Clause in Contracts

LIABILITY, INDEMNIFICATION AND FORCE MAJEURE. The Parties acknowledge and agree that the liability, indemnification, and force majeure provisions in Section 13 of Chapter 1 of the Market Rules apply to this Agreement, mutatis mutandis; provided, however that the force majeure provisions in the Market Rules shall apply only after Service Commencement and notwithstanding anything to the contrary in the Market Rules, the aggregate liability of the IESO to the ASP shall not exceed an amount equal to the Liability Cap.

Appears in 2 contracts

Sources: Service Agreement for the Provision of Regulation Service, Service Agreement for the Provision of Regulation Service