Common use of Responsibility for Liability Clause in Contracts

Responsibility for Liability. The parties acknowledge that activities conducted in connection with the project could conceivably result in liabilities which might be asserted against one or both parties. The parties now agree that except to the extent otherwise agreed, any liabilities that are attributable to the negligence ur willful misconduct of one party or its representatives or employees, shall be borne solely by that party, otherwise, such liabilities shall be shared equally by the parties. Received By NSD/FARA Registration Unit 2/26/2020 10:16:00 AM Received By NSD/FARA Registration Unit 2/26/2020 1U:16:UU AM

Appears in 1 contract

Sources: Project Agreement

Responsibility for Liability. The parties acknowledge that activities conducted in connection with the project could conceivably result in liabilities which might be asserted against one or both parties. The parties now agree that except to the extent otherwise agreed, any liabilities that are attributable to the negligence ur or willful misconduct of one party or its representatives or employees, shall be borne solely by that party, otherwise, such liabilities shall be shared equally by the parties. Received By by NSD/FARA Registration Unit 2/26/2020 10:16:00 AM 02/19/2020 12:17:44 PM Received By by NSD/FARA Registration Unit 2/26/2020 1U:16:UU AM02/19/2020 12:17:44 PM

Appears in 1 contract

Sources: Project Agreement

Responsibility for Liability. The parties acknowledge that activities conducted in connection with the project could conceivably result in liabilities which might be asserted against one or both parties. The parties now agree that except to the extent otherwise agreed, any liabilities that are attributable to the negligence ur or willful misconduct of one party or its representatives or employees, shall be borne solely by that party, otherwise, such liabilities shall be shared equally by the parties. Received By by NSD/FARA Registration Unit 2/26/2020 10:16:00 AM 03/27/2021 2:14:29 PM Received By by NSD/FARA Registration Unit 2/26/2020 1U:16:UU AM03/27/2021 2:14:29 PM

Appears in 1 contract

Sources: Project Agreement