Common use of Indemnity for Own CONSEQUENTIAL LOSS Clause in Contracts

Indemnity for Own CONSEQUENTIAL LOSS. (a) COMPANY will INDEMNIFY CONTRACTOR GROUP for LIABILITIES for COMPANY GROUP’s own CONSEQUENTIAL LOSS COMPANY GROUP would otherwise be entitled to from CONTRACTOR GROUP. Section IIIB – General Terms and Conditions (b) CONTRACTOR will INDEMNIFY COMPANY GROUP for LIABILITIES for CONTRACTOR GROUP’s own CONSEQUENTIAL LOSS CONTRACTOR GROUP would otherwise be entitled to from COMPANY GROUP.

Indemnity for Own CONSEQUENTIAL LOSS. (a) COMPANY will INDEMNIFY CONTRACTOR GROUP for LIABILITIES for COMPANY GROUP’s own CONSEQUENTIAL LOSS COMPANY GROUP would otherwise be entitled to from unless caused by WILFUL MISCONDUCT of any PERSON in CONTRACTOR GROUP. Section IIIB – General Terms and Conditions (b) CONTRACTOR will INDEMNIFY COMPANY GROUP for LIABILITIES for CONTRACTOR GROUP’s own CONSEQUENTIAL LOSS CONTRACTOR GROUP would otherwise be entitled to from COMPANY GROUP.