Common use of RECIPIENT’S RESPONSIBILITY Clause in Contracts

RECIPIENT’S RESPONSIBILITY. Under no circumstances shall Funder, or its employees or consultants or agents, be liable in contract, tort or otherwise to compensate Recipient or any third party for any loss, injury or damage, direct or indirect, including, loss of profit or business or for any direct or indirect or consequential loss whatsoever arising from any act, permission, error, default or delay in respect of the performance or non-performance by Funder (or in the case of a third party claim, Recipient) of its obligations under this Agreement.