Liability and Force Majeure. 1. This Partnership Agreement is governed by the law of the country of the Lead Partner. Each partner, including the Lead Partner, shall be liable to the other partners and shall indemnify for any damages or costs resulting from the non-compliance of its contractual duties as set forth in this contract. 2. No party shall be held liable for not complying with the obligations ensuring from this agreement should the non-compliance be caused by force majeure. In such a case, the partner involved must announce this immediately in writing to the other partners of the operation.
Appears in 3 contracts
Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement
Liability and Force Majeure. 1. This Partnership Agreement is governed by the law of the country of the Lead Partner. Each partner, including the Lead Partner, shall be liable to the other partners Project Partners and shall indemnify for any damages or costs resulting from the non-compliance of its contractual duties as set forth in this contract.
2. No party Project Partner shall be held liable for not complying with the obligations ensuring ensuing from this agreement should the non-compliance be caused by in case of force majeure. In such a case, the involved partner involved must announce this immediately in writing to the other partners of the operation.
Appears in 2 contracts
Samples: Partnership Agreement, Partnership Agreement
Liability and Force Majeure. 1. This Partnership Agreement is governed by the law of the country of the Lead Partner. Each partner, including the Lead Partner, shall be liable to the other partners and shall indemnify for any damages or costs resulting from the non-compliance non‐compliance of its contractual duties as set forth in this contract.
2. No party shall be held liable for not complying with the obligations ensuring ensuing from this agreement should the non-compliance non‐compliance be caused by force majeure. In such a case, the partner involved must announce this immediately in writing to the other partners of the operation.
Appears in 2 contracts
Samples: Partnership Agreement, Partnership Agreement
Liability and Force Majeure. 1. This Partnership Agreement is governed by the law of the country of the Lead Partner. Each partner, including the Lead Partner, shall be liable to the other partners and shall indemnify for any damages or costs resulting from the non-compliance of its contractual duties as set forth in this contract.
2. No party shall be held liable for not complying with the obligations ensuring ensuing from this agreement should the non-compliance be caused by force majeure. In such a case, the partner involved must announce this immediately in writing to the other partners of the operation.
Appears in 1 contract
Samples: Partnership Agreement
Liability and Force Majeure. 1. This Partnership Agreement is governed by the law of the country of the Lead Partner. Each partner, including the Lead Partner, shall be liable to the other partners and shall indemnify for any damages or costs resulting from the non-compliance of its contractual duties as set forth in this contract.
2. No party shall be held liable for not complying with the obligations ensuring from this agreement should the non-non- compliance be caused by force majeure. In such a case, the partner involved must announce this immediately in writing to the other partners of the operation.
Appears in 1 contract
Samples: Partnership Agreement