Common use of Qualified Third Parties Clause in Contracts

Qualified Third Parties. USCo will be fully responsible for all acts and omissions of its Qualified Third Parties. Nothing in this Agreement shall be construed to create any contractual relationship between JapanJV and any Qualified Third Party, nor any obligation on the part of JapanJV, to pay or to ensure the payment of any money due to any Qualified Third Party. USCo will identify through prior notice of each individual Qualified Third Party that is used by it to perform its obligations hereunder. This section sets out who is responsible for third party acts.

Appears in 2 contracts

Sources: Joint Venture License Agreement, Joint Venture License Agreement