LIABILITY WITH RESPECT TO THIRD PARTIES Sample Clauses

The "Liability With Respect to Third Parties" clause defines how responsibility is allocated between the contracting parties for claims, damages, or losses brought by individuals or entities not party to the agreement. Typically, this clause outlines whether one or both parties are liable if a third party suffers harm or incurs costs as a result of actions related to the contract, and may specify procedures for handling such claims, including indemnification or defense obligations. Its core function is to clarify and manage the risk of third-party claims, preventing disputes between the contracting parties over who bears responsibility in these situations.
LIABILITY WITH RESPECT TO THIRD PARTIES. GRTgaz and the Shipper shall be liable, as far as each is concerned, for the financial consequences of their civil liability by virtue of ordinary law for damage of any kind whatever caused to third parties during the execution of their respective obligations under this Contract. The Shipper shall in particular be liable, in accordance with the Clause entitled “Gas characteristics and pressure” in Section B for the Upstream Network, for all the financial consequences of civil liability for damage of any kind whatever caused to third parties as a result of GRTgaz taking off, at an Entry Point, quantities of Gas that do not comply with the specifications defined in the Clause entitled “Gas characteristics and pressure” in Section B for the Upstream Network and that would not have been expressly accepted as such by GRTgaz. As a result, the Shipper shall guarantee and hold harmless GRTgaz against any recourse by third parties in respect thereof, should the Shipper be held liable. By way of exception to the principle set out in this Sub-clause and in accordance with the Clause entitled “Gas characteristics and pressure” in Section B for the Upstream Network, GRTgaz shall remain liable for all the financial consequences of civil liability for damage of any kind whatever caused to third parties as a result of GRTgaz taking off, at an Entry Point, quantities of Gas that do not comply with the specifications defined in the Clause entitled “Gas characteristics and pressure” in Section B for the Upstream Network, but expressly accepted as such by GRTgaz. As a result, GRTgaz shall guarantee and hold harmless the Shipper against any recourse by third parties in such case. Pursuant to the provisions of the Clause entitled “Gas characteristics and pressure” in Section B for the Upstream Network and the Clause entitled “Gas characteristics and pressures” in Section C for the Downstream Network, GRTgaz shall remain liable for all the financial consequences of civil liability for damage of any kind whatsoever caused to Recipients resulting from a material breach in its obligations under a Connection Contract or an Interconnection Agreement. As a result, GRTgaz shall guarantee and hold harmless the Shipper against any recourse by Recipients in such case.
View SourceView Similar (9)
LIABILITY WITH RESPECT TO THIRD PARTIES. GRTgaz and the Customer shall bear all the financial consequences of their respective civil liability under common law for all damage, of any nature whatsoever, caused to third parties in the fulfilment of their respective obligations under the Contract.
View Source
LIABILITY WITH RESPECT TO THIRD PARTIES. 69.1.1 GRTgaz and the Shipper shall be liable, as far as each is concerned, for the financial consequences of civil liability by virtue of ordinary law for damage, of any kind whatever, caused to third parties during the performance of the obligations incumbent on each of them respectively in the context of this Contract.‌‌ 69.1.2 The Shipper shall in particular be liable, in accordance with Clause 19 of the General Terms and Conditions, for all the financial consequences of civil liability for damage, of any kind whatever, caused to third parties as a result of GRTgaz taking off, at an Entry Point, quantities of Gas that do not comply with the specifications defined in Clause 19 of the General Terms and Conditions and would not have been expressly accepted by GRTgaz. As a result, the Shipper shall guarantee GRTgaz against any recourse by third parties on this account, provided that it has been duly proved that it is liable.‌‌ 69.1.3 As an exception to the principle stated in sub-clause
View Source

Related to LIABILITY WITH RESPECT TO THIRD PARTIES

  • Other Agreements with Respect to Indemnification The provisions of this Section shall not affect any agreement among the Company and the Selling Shareholders with respect to indemnification.

  • Amendments, Etc. With Respect to the Obligations Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment of any of the Obligations made by the Purchasers may be rescinded by the Purchasers and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Purchasers, and the Purchase Agreement and the other Transaction Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Purchasers may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Purchasers for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. The Purchasers shall have no obligation to protect, secure, perfect or insure any Lien at any time held by them as security for the Obligations or for the guarantee contained in this Section 2 or any property subject thereto.

  • Notice to Third Parties Licensee shall give written notice, prior to the first sale of Licensed Product, to any Third Party to which it sells Licensed Product of the restrictions contained in this Section 5, and Licensee shall use its best endeavors, without prejudice to any other provision of this Agreement, to ensure that such Third Parties will undertake to abide by the restrictions contained in this Section 5 and will assist the MPP and Pfizer in securing compliance with this Section 5 and the restrictions which it contemplates.

  • Liability to Third Parties The Member shall not be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.

  • Prior Notice to Owners with Respect to Certain Matters Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholders in writing of the proposed action and the Owners shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Owners have withheld consent or provided alternative direction: (a) the initiation of any claim or lawsuit by the Issuer (except claims or lawsuits brought in connection with the collection of the Receivables) and the compromise of any action, claim or lawsuit brought by or against the Issuer (except with respect to the aforementioned claims or lawsuits for collection of the Receivables); (b) the election by the Issuer to file an amendment to the Certificate of Trust (unless such amendment is required to be filed under the Statutory Trust Statute); (c) the amendment of the Indenture by a supplemental indenture in circumstances where the consent of any Noteholder is required; (d) the amendment of the Indenture by a supplemental indenture in circumstances where the consent of any Noteholder is not required and such amendment materially adversely affects the interests of the Owners; (e) the amendment, change or modification of the Administration Agreement, except to cure any ambiguity or to amend or supplement any provision in a manner or add any provision that would not materially adversely affect the interests of the Owners; or (f) the appointment pursuant to the Indenture of a successor Note Registrar, paying agent for the Notes or Indenture Trustee or pursuant to this Agreement of a successor Certificate Registrar, or the consent to the assignment by the Note Registrar, Paying Agent, Indenture Trustee or Certificate Registrar of its obligations under the Indenture or this Agreement, as applicable.