DELAYS, ERRORS AND OMISSIONS. Any inadvertent delay or error, in complying or omission to comply with the terms and conditions of this Agreement by one Party will not relieve any other party hereto from any obligation which would attach to it hereunder if such error, omission or delay had not been made, except to the extent that the obligation cannot be performed by reason of the delay error or omission, provided such error, omission or delay is rectified promptly upon discovery (and at the expense of the Party that delays, errs or omits to act) . Nothing contained in this Clause shall be held to impose obligations on any Party greater than would have attached hereunder had such error or omission not occurred.
Appears in 4 contracts
Samples: Retrocession Agreement, Retrocession Agreement (Xl Group PLC), Retrocession Agreement (Xl Group PLC)