Common use of Carve-outs Clause in Contracts

Carve-outs. The limitations and exclusions in this clause 24 do not apply to limit or exclude any liability: (a) for payments required to be made under this agreement, including in respect of Delivery Variance Quantities and Close Out Quantities; (b) under any indemnity given under this agreement in favour of the Operator; (c) under the National Gas Law or the National Gas Rules in respect of any breach of the Market Conduct Rules; or (d) arising from any fraudulent act or omission.

Carve-outs. The limitations and exclusions in this clause 24 do not apply to limit or exclude any liability: (a) : for payments required to be made under this agreement, including in respect of Delivery Variance Quantities and Close Out Quantities; (b) ; under any indemnity given under this agreement in favour of the Operator; (c) ; under the National Gas Law or the National Gas Rules in respect of any breach of the Market Conduct Rules; or (d) or arising from any fraudulent act or omission.