Common use of Liability under Contracts Clause in Contracts

Liability under Contracts. Unless otherwise decided by the Operating Committee, agreements with third parties shall be such that no Party other than the Operator shall be directly liable thereunder to such third party in connection with Joint Operations. The assumption of joint liability to a third party shall always require the unanimous vote of the Operating Committee. It shall be the responsibility of the Operator in concluding agreements to ensure that they are drafted so as to incorporate the legal position required by this Section 4.6.3.

Appears in 3 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

Liability under Contracts. Unless otherwise decided by the Operating Committee, agreements with third parties shall be such that no Party other than the Operator shall be directly liable thereunder to such third party par- ty in connection with Joint Operations. The assumption of joint liability to a third party shall always require the unanimous vote of the Operating Committee. It shall be the responsibility of the Operator in concluding agreements to ensure that they are drafted so as to incorporate the legal position required by this Section 4.6.33.6.3.

Appears in 2 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement

Liability under Contracts. Unless otherwise decided by the Operating Committee, agreements with third parties shall be such that no Party other than the Operator shall be directly liable thereunder to such third party in connection with Joint Operations. The assumption of joint liability to a third party shall always require the unanimous vote of the Operating Committee. It shall be the responsibility respon­sibility of the Operator in concluding agreements to ensure that they are drafted so as to incorporate the legal position required by this Section 4.6.33.6.3.

Appears in 1 contract

Sources: Joint Operating Agreement