Common use of Liability of Operating Agent Clause in Contracts

Liability of Operating Agent. Each Operating Agent shall use all reasonable skill and care in carrying out its designated functions under this Agreement and shall be responsible for ensuring that its functions are conducted in accordance with all applicable laws and regulations. Except as otherwise provided in this Article, the cost of all damage to property, legal liabilities, claims, actions, costs and expenses arising from or connected to an Operating Agent’s functions under this Agreement shall be charged to the budget of this Implementing Agreement or the relevant Task, as appropriate.

Liability of Operating Agent. Each The Operating Agent shall use all reasonable skill and care in carrying out its designated functions duties under this Agreement and shall be responsible for ensuring that its functions are conducted in accordance with all applicable laws and regulations. Except as otherwise provided in this Article, the cost of all damage to property, legal liabilities, and all expenses associated with claims, actions, and other costs and expenses arising from or connected to an Operating Agent’s functions under this Agreement work undertaken for a Task shall be charged to the budget Budget of this Implementing Agreement that Task if the applicable Annex so provides or the relevant TaskExecutive Committee, as appropriateacting by unanimity, so decides.

Liability of Operating Agent. Each The Operating Agent shall use all reasonable skill and care in carrying out its designated functions duties under this Agreement and shall be responsible for ensuring that its functions are the Exchange is conducted in accordance with the terms and conditions of this Agreement and all applicable laws and regulations. Except as otherwise provided in this Article, the cost of all damage to property, property and all legal liabilities, claims, actions, costs costs, and expenses arising from or connected to an Operating Agent’s functions under this Agreement therewith, shall be charged to the budget Budget of this Implementing Agreement or the relevant Task, as appropriateExchange.