RISK AND RESPONSIBILITY. 17.1 Indemnities This clause shall be replaced by the following: Liability for damage that has occurred as a consequence of, or in relation to, the Contract shall be governed by the provisions of Section 373 and subsequent sections of the Commercial Code as set forth herein. Therefore, if the Contractor breaches its stipulated Contract obligations, or any applicable legal regulations, and causes the Employer damage the Contractor shall compensate for the damage in compliance with the following principles: (a) The Contractor shall compensate all damages and all costs incurred to the Employer as a consequence of, or in relation with, the failure of the Contractor to comply with his obligations in the Contract or in the applicable legal regulations. (b) Damages shall not include loss of profit.
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Sources: Contract, Contract Agreement, Contract