Gross Negligence / Willful. Misconduct means any act or failure to act (whether sole, joint or concurrent) by any person or entity which was intended to cause, or which was in reckless disregard of or wanton indifference to, harmful consequences such person or entity knew, or should have known, such act or failure would have on the safety or property of another person or entity.
Appears in 7 contracts
Samples: Unitization and Unit Operating Agreement, Unitization and Unit Operating Agreement, Joint Operating Agreement (Bontan Corp Inc)
