Common use of Liability of Company Clause in Contracts

Liability of Company. 8.1. If the Sponsor submits complete and approved Copy prior to the Copy Deadline and it is not published in the Doing Business Guide then the Sponsor shall be entitled to a refund of the Sponsorship Fee. 8.2. If the Sponsor provides approved Copy prior to the Copy Deadline and it is published containing an error or an omission, the Sponsor will be entitled to a refund of all or such part of the Sponsorship Fee as is fair and reasonable in the circumstances. The Sponsor shall not be entitled to a refund in respect of any mistake contained in approved Copy unless the error has been notified to the Company in writing before the Copy Deadline. 8.3. Notwithstanding anything to the contrary in this Agreement, the liability of the Company to the Sponsor for death or injury resulting from its own or its employees’ negligence shall not be limited. 8.4. Subject to condition 8.3, the entire liability of the Company shall be limited to damages of an amount equal to125% of the amount of the Sponsorship Fee (exclusive of VAT) paid by the Sponsor under this Agreement in the immediately preceding twelve month period in respect of any damage or loss. 8.5. Subject to condition 8.3, the Company shall not be liable to the Sponsor for loss of profits, goodwill or any other type of indirect or consequential loss (including loss or damage suffered by the Sponsor as a result of any action brought by a third party) even if such loss was reasonably foreseeable or the Company had been advised of the possibility of the Sponsor incurring the same.

Appears in 3 contracts

Samples: Standard Conditions Agreement, Standard Conditions Agreement, Sponsorship Agreement

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Liability of Company. 8.1. If the Sponsor submits complete and approved Copy prior to the Copy Deadline and it is not published in the Doing Business Guide then the Sponsor shall be entitled to a refund of the Sponsorship Fee. 8.2. If the Sponsor provides approved Copy prior to the Copy Deadline and it is published containing an error or an omission, the Sponsor will be entitled to a refund of all or such part of the Sponsorship Fee as is fair and reasonable in the circumstances. The Sponsor shall not be entitled to a refund in respect of any mistake contained in approved Copy unless the error has been notified to the Company in writing before the Copy Deadline. 8.3. Notwithstanding anything to the contrary in this Agreement, the liability of the Company to the Sponsor for death or injury resulting from its own or its employees’ negligence shall not be limited. 8.4. Subject to condition 8.3, the entire liability of the Company shall be limited to damages of an amount equal to125to 125% of the amount of the Sponsorship Fee (exclusive of VAT) paid by the Sponsor under this Agreement in the immediately preceding twelve month period in respect of any damage or loss. 8.5. Subject to condition 8.3, the Company shall not be liable to the Sponsor for loss of profits, goodwill or any other type of indirect or consequential loss (including loss or damage suffered by the Sponsor as a result of any action brought by a third party) even if such loss was reasonably foreseeable or the Company had been advised of the possibility of the Sponsor incurring the same.

Appears in 2 contracts

Samples: Standard Conditions, Standard Conditions

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