Common use of Liability of Operator Clause in Contracts

Liability of Operator. The Operator shall not be liable to the non-Operator for any loss, cost, expense, claim or damage, including legal fees and disbursements, (including a payment made, or an action taken, by the Operator as a result of an action of a governmental agency) except to the extent that such loss, cost, expense, claim or damage is attributable to the gross negligence or willful misconduct of the Operator. In no event (including fundamental breach) shall the Operator be liable to the non-Operator for any indirect, special or consequential damages (including for loss of goodwill, loss of actual or anticipated profits or other economic loss), even if the Operator has been advised of the potential for such damages.

Appears in 6 contracts

Samples: Option and Joint Venture Agreement, Option and Joint Venture Agreement (Alberta Star Development Corp), Joint Venture Agreement (Avino Silver & Gold Mines LTD)

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Liability of Operator. The Operator shall not be liable to the non-Operator for any loss, cost, expense, claim or damage, including legal fees and disbursements, (including a payment made, or an action taken, by the Operator as a result of an action of a governmental agency) except to the extent that such loss, cost, expense, claim or damage is attributable to the gross negligence or willful wilful misconduct of the Operator. In no event (including fundamental breach) shall the Operator be liable to the non-Operator for any indirect, special or consequential damages (including for loss of goodwill, loss of actual or anticipated profits or other economic loss), even if the Operator has been advised of the potential for such damages.

Appears in 2 contracts

Samples: River Option and Joint Venture Agreement (Uranerz Energy Corp.), Option and Joint Venture Agreement (North Bay Resources Inc)

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