Common use of Nature of Research Clause in Contracts

Nature of Research. The Parties acknowledge that research work is of its nature uncertain and that particular outcomes or results from the Project cannot be guaranteed. No Party will be liable to any other Party for any loss or damage whether arising from that Party’s failure to perform work on time or within the estimated costs of the Project or otherwise provided that Party has used its reasonable endeavours in all respects in carrying out the Project.

Nature of Research. The Parties acknowledge that research work is agree that: due to the inherently uncertain nature of its nature uncertain research, the actual outcomes and that particular outcomes or results from of the Project cannot be guaranteed. No assured, nor does any Party warrant that the outcomes of the Project will be commercially valuable, patentable, reliable, safe or fit for any purpose; and no Party will be liable to any other another Party for any loss or damage whether arising from that Party’s by reason of its failure to perform work on time or within the estimated costs of the Project or otherwise costs, provided that such Party has used its reasonable endeavours in all respects in carrying out the Project.