Common use of LIABILITY AND RISK OF LOSS Clause in Contracts

LIABILITY AND RISK OF LOSS. A. The objective of this Article is to establish a cross-waiver of liability in the interest of encouraging participation in the exploration, exploitation, and use of outer space through the International Space Station (ISS). The Parties intend that the cross-waiver of liability be broadly construed to achieve this objective. B. For the purposes of this Article:

Appears in 5 contracts

Samples: Reimbursable Space Act Agreement, Reimbursable Space Act Agreement, Reimbursable Space Act Agreement

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LIABILITY AND RISK OF LOSS. A. 1. The objective of this Article article is to establish a cross-waiver of liability in the interest of encouraging participation in the exploration, exploitation, and use of outer space through the International Space Station (ISS). The Parties intend that the cross-waiver of liability be broadly construed to achieve this objective. B. 2. For the purposes of this Article:;

Appears in 1 contract

Samples: Nonreimbursable Space Act Agreement (Zero Gravity Solutions, Inc.)

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