Common use of Liability of Consultant Clause in Contracts

Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties or reckless disregard of its obligations and duties under the terms of this agreement. It is further understood and agreed that Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as herein provided, Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action or non-action on the basis of any advice, recommendation or approval of Consultant, its employees or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 7 contracts

Samples: Agreement (Thermoelastic Technologies Inc /Co/), Business Consulting Agreement (Raquel Inc), Business Consulting Agreement (Raquel Inc)

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Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties or reckless disregard of its obligations and duties under the terms of this agreement. It is further understood and agreed that Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as herein provided, Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action or non-action on the basis of any advice, recommendation or approval of Consultant, its employees employee or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 3 contracts

Samples: Business Consulting Agreement (Masterpiece Technology Group Inc), Business Consulting Agreement (Masterpiece Technology Group Inc), Business Consulting Agreement (Masterpiece Technology Group Inc)

Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties or reckless disregard of its obligations and duties under the terms of this agreement. It is further understood and agreed that Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as herein provided, Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action actions or non-action on the basis of any advice, recommendation or approval of Consultant, its employees or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, including but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 3 contracts

Samples: Consulting Agreement (Alternate Energy Corp), Consulting Agreement (Coi Solutions Inc), Consulting Agreement (Alternate Energy Corp)

Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties or reckless disregard of its obligations and duties under the terms of this agreement. It is further understood and agreed that Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as herein provided, Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action or non-action on the basis of any advice, recommendation or approval of Consultant, its employees or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 2 contracts

Samples: Business Consulting Agreement (Thermoelastic Technologies Inc /Co/), Business Consulting Agreement (Thermoelastic Technologies Inc /Co/)

Liability of Consultant. In furnishing the Company with health and wellness ------------------------ management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall not be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith malfeasance or gross negligence in the performance of its his duties or reckless disregard of its the obligations and duties under the terms of this agreementAgreement. It is further understood and agreed that Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as set forth herein providedin the first paragraph of this Section 12, Consultant shall not be accountable for any loss suffered by the Company by reason of the Company's action or non-action on the basis of any advice, recommendation or approval of Consultant, its employees or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers., Inc.

Appears in 2 contracts

Samples: Agreement for Consulting Services (Zeppelin Energy Inc), Agreement for Consulting Services (Zeppelin Energy Inc)

Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant nor any officer, director or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties or reckless disregard of its obligations and duties under the terms of this agreement. It is further understood and agreed that Consultant Consultants may rely upon information furnished to it reasonably believed to be accurate and reliable and that, that except as herein provided, Consultant Consultants shall not be accountable for any loss suffered by the Company by reason of Company's action actions or non-action on the basis of any advice, recommendation or approval of ConsultantConsultants, its employees or agents. The parties further acknowledge that Consultant Consultants undertakes no responsibility for the accuracy of any statements to be made by management contained in press releases or other communications, including, including but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 1 contract

Samples: Consulting Agreement (Electric Moto Corp)

Liability of Consultant. In furnishing the Company with management Financial advice and other services as herein provided, neither Consultant nor any officer, director employee or agent thereof shall be liable to the Company or its creditors for errors of judgment or for anything except malfeasance, bad faith breech of any Consultants representations warranties or gross covenants under this agreement malfeasance or negligence in the performance of its their duties or reckless disregard of its obligations their obliga6ons and duties under the terms of this agreementAgreement. It is further understood and agreed that the Consultant may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as herein provided, Consultant shall not be accountable for any loss suffered by the Company by reason of the Company's action or non-action on the basis of any advice, recommendation or approval approva1 of Consultant, its employees or agents. The parties further acknowledge that Consultant undertakes no responsibility for the accuracy of any statements to be made by the Company's management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers., Inc.

Appears in 1 contract

Samples: Business Consulting Agreement (American Sports Development Group Inc)

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Liability of Consultant. In furnishing the Company with management and advice and other services as herein provided, neither Consultant nor any officer, director director, or agent thereof shall be liable to the Company or its creditors for errors of judgment judgement or for anything anythjng except malfeasance, bad faith or gross negligence in the performance of its their duties or reckless disregard of its their obligations and duties under the terms of this agreementAgreement. It is further understood and agreed that the Consultant may rely upon information furnished to it them, reasonably believed to be accurate and reliable and that, except as herein provided, the Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action or non-action on the basis of any advice, recommendation or approval of Consultantconsultant, its their employees or agents. The parties further hereafter acknowledge that the Consultant undertakes no responsibility for the accuracy of any statements to be made by the management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 1 contract

Samples: Consulting Agreement (Championlyte Holdings Inc)

Liability of Consultant. In furnishing the Company with management and advice and other services as herein provided, neither Consultant nor any officer, director director, or agent thereof shall be liable to the Company or its creditors for errors of judgment judgement or for anything except malfeasance, bad faith or gross negligence in the performance of its their duties or reckless disregard of its their obligations and duties under the terms of this agreementAgreement. It is further understood and agreed that the Consultant may rely upon information furnished to it them, reasonably believed to be accurate and reliable and that, except as herein provided, the Consultant shall not be accountable for any loss suffered by the Company by reason of Company's action or non-action on the basis of any advice, recommendation or approval of Consultantconsultant, its their employees or agents. The parties further hereafter acknowledge that the Consultant undertakes no responsibility for the accuracy of any statements to be made by the management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers.

Appears in 1 contract

Samples: Consulting Agreement (Championlyte Holdings Inc)

Liability of Consultant. In furnishing the Company with management advice and other services as herein provided, neither Consultant the Consultant, nor any officer, director employee or agent thereof thereof, shall be liable to the Company or its creditors for errors error of judgment or for anything except malfeasance, bad faith or gross negligence in the performance of its duties his duties, or reckless disregard of its his obligations and duties under the terms of this agreementAgreement. It is further understood and agreed that Consultant may rely upon information furnished to it him by the Company reasonably believed to be accurate and reliable and that, except as herein provided, the Consultant shall not be accountable for any loss suffered by the Company by reason of the Company's action or non-action on the basis of any advice, recommendation or approval of the Consultant, its his employees or agents. The parties further acknowledge that the Consultant undertakes no responsibility for the accuracy of any statements to be statement made by management contained in press releases or other communications, including, but not limited to, filings with the Securities and Exchange Commission and the National Association of Securities Dealers., Inc.

Appears in 1 contract

Samples: Business Consulting Agreement (Metro Global Media Inc)

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