LIABILITY OF THE OPERATOR. Each Party will indemnify and save the Operator harmless from and against any loss, liability, claim, demand, damage and expense in connection with loss of life, personal injury or damage to property arising out of any acts or omissions of the Operator or its officers, employees or agents, contractors, licensees and invitees, except the Operator will not be indemnified nor held harmless by the other Parties for its gross negligence or willful misconduct. The obligation of each of the other Parties to indemnify and save the Operator harmless will be in proportion to its interest as at the date that the loss of life, personal injury or damage to property occurred.
Appears in 2 contracts
Sources: Property Option Agreement, Property Option Agreement