Force Majeure; Special Damages. Custodian shall not be liable for delays, errors or losses occurring by reason of circumstances beyond its control, including, without limitation, acts of God, market disorder, terrorism, insurrection, war, riots, failure of transportation or equipment, or failure of vendors, communication or power supply. In no event shall Custodian be liable to any person for indirect, consequential or special damages, even if Custodian has been advised of the possibility or likelihood of such damages.
Appears in 3 contracts
Samples: Control Agreement (Platinum Underwriters Holdings LTD), Retrocession Agreement (Platinum Underwriters Holdings LTD), Control Agreement (Platinum Underwriters Holdings LTD)
Force Majeure; Special Damages. Custodian shall not be liable for delays, errors or losses occurring by reason of circumstances beyond its control, control including, without limitation, acts of God, market disorder, terrorism, insurrection, war, riots, failure of transportation or equipment, or failure of vendors, communication or power supply. In no event shall Custodian be liable to any person for indirect, consequential or special damages, even if Custodian has been advised of the possibility or likelihood of such damages.
Appears in 1 contract
Samples: Control Agreement (Platinum Underwriters Holdings LTD)