Common use of Third Party Involvement Clause in Contracts

Third Party Involvement. Engagement by the Investor of any third party contractors or suppliers for performance of any Investment Stage operations shall not relieve the Investor from any of its obligations hereunder or from any liability for due performance of such obligations. The Investor shall not be liable for the damage caused to Goloil as a result of operation of any such contractor and/or supplier if Goloil exercising its controlling functions as provided herein could and had to undertake measures which could prevent causation of such damage or limit the same, but failed to undertake such measures.