Common use of Damage caused to third parties Clause in Contracts

Damage caused to third parties. Each Party shall be solely liable for any loss, damage or injury to third parties resulting from the performance of the said Party’s obligations by it or on its behalf under this Consortium Agreement or from its use of Results or Background. With the Consortium Agreement the liability can only be limited between the Parties. Such limitations do not have any direct effect on a third party which is not a Party to this Consortium Agreement. This clause states that the ultimate liability remains to be borne by the Party causing the damage by its performance or by its use of Results or Background. Where damage to “Other participants” (MGA Articles 8 and 9) is concerned, please see elucidation on Section 4.3.

Damage caused to third parties. Each Party shall be solely liable for any loss, damage or injury to third parties resulting from the performance of the said Party’s obligations by it or on its behalf under this Consortium Agreement or from its use of Results or Background. With the Consortium Agreement the liability can only be limited between the Parties. Such limitations do not have any direct effect on a third party which is not a Party to this Consortium Agreement. This clause states that the ultimate liability remains to be borne by the Party causing the damage by its performance or by its use of Results Foreground or Background. Where damage to “Other participants” 'linked"linked third parties'parties" (MGA Articles 8 and 9Article 14) is areis concerned, please see elucidation on Section 4.3.