Common use of Decoupling Clause in Contracts

Decoupling. It is not established under this CONTRACT, a bond of any nature, including, but not limited to, labor, environmental, regulatory and fiscal liability of HERMASA to PDB, nor PDB’s liability to HERMASA (nor any commitments in this regard), other than the provision of services bond established herein. Each PARTY shall exclusively bear the responsibilities attributable to them by LAW, including labor responsibilities of their respective employees and their respective environmental, integrity, regulatory and tax responsibilities. No partnership, association, agency, consortium, mandate or joint liability is created by this CONTRACT between the PARTIES.

Appears in 4 contracts

Samples: Brazil Potash Corp., Brazil Potash Corp., Brazil Potash Corp.

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