Common use of Duty to Mitigate Clause in Contracts

Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party fails to take such measures, the other Party’s liabilities shall be correspondingly reduced.

Appears in 21 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

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Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party party fails to take such measures, the other Partyparty’s liabilities shall be correspondingly reduced.

Appears in 4 contracts

Samples: Transmission Service Agreement, Draft Transmission Service Agreement, Draft Transmission Service Agreement

Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party party fails to take such measures, the other Party’s party‟s liabilities shall be correspondingly reduced.

Appears in 4 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 9 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party party fails to take such measures, the other Partyparty’s liabilities shall be correspondingly reduced.

Appears in 1 contract

Samples: Implementation Agreement

Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party party fails to take such measures, the other Party’s party‟s liabilities shall be correspondingly reduced.. [Signatures of LTTCs]

Appears in 1 contract

Samples: Transmission Service Agreement

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Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 0 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party fails to take such measures, the other Party’s liabilities shall be correspondingly reduced.

Appears in 1 contract

Samples: Transmission Service Agreement

Duty to Mitigate. The party entitled to the benefit of an indemnity under this Article 14 Clause 13.0 shall take all reasonable measures to mitigate any loss or damage which has occurred. If the Party party fails to take such measures, the other Partyparty’s liabilities shall be correspondingly reduced.. SECTION-14

Appears in 1 contract

Samples: Implementation Agreement

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