Common use of Responsibility Clause Clause in Contracts

Responsibility Clause. The Parties shall be held responsible if they fail to respect any of their respective contractual obligations, and promise to compensate the other Party for any damages incurred by the latter as a result of this failure to fulfil obligations, with the exception of any direct or indirect immaterial damages.

Appears in 4 contracts

Sources: Membership Contract, Membership Contract, Membership Contract

Responsibility Clause. The Parties shall be held responsible if they fail to respect any of their respective contractual Contractual obligations, and promise to compensate the other Party for any damages incurred by the latter as a result of this failure to fulfil obligations, with to the exception exclusion of any direct or indirect immaterial damages.

Appears in 1 contract

Sources: Membership Contract

Responsibility Clause. The Parties shall be held responsible if they fail to respect any of their respective contractual obligations, Contractual obligations and promise to compensate the other Party for any damages incurred by the latter as a result of this failure to fulfil obligations, with the exception of any direct or indirect immaterial damages.

Appears in 1 contract

Sources: Services Agreement