Liability of the beneficiaries. Except in case of force majeure (see Article 51), the beneficiaries must compensate the Agency for any damage it sustains as a result of the implementation of the action or because the action was not implemented in full compliance with the Agreement.
Liability of the beneficiaries. No Beneficiary (in such capacity) shall have any personal liability for any liability or obligation of the Trust or by reason of any act or omission committed or suffered in the performance of the Trust’s operations.
Liability of the beneficiaries. Neither the Contractor, nor the EC can be held liable for any acts or omissions of the beneficiaries in relation to this Contract. At the same time, the beneficiaries are responsible for any act or omission that causes damage to the Contractor and/or the EC in relation to this Contract. In the case of multi beneficiaries, all its members will be jointly responsible for the damages caused. Each beneficiary shall bear sole responsibility for ensuring that their acts within the framework of this Contract do not infringe third parties’ rights. There is no joint liability between the Contracting Parties.
Liability of the beneficiaries. (a) Each Holder of an Exchangeable Beneficial Certificate shall be jointly and severally liable to third parties and shall indemnify, defend and hold harmless Comerica, including its officers, directors, employees and agents, for all liabilities, obligations losses, claims, damages, taxes, actions and suits, expenses and any and all costs expenses and disbursements (including legal fees and expenses) of any kind and nature whatsoev-
Liability of the beneficiaries. The beneficiaries must compensate the EIT for any damage it sustains as a result of the implementation of the action or because the action was not implemented in full compliance with the Agreement, provided that it was caused by gross negligence or wilful act.
Liability of the beneficiaries. The beneficiaries must compensate the granting authority for any damage it sustains as a result of the implementation of the action or because the action was not implemented in full compliance with the Agreement, provided that it was caused by gross negligence or wilful act. The liability does not extend to indirect or consequential losses or similar damage (such as loss of profit, loss of revenue or loss of contracts), provided such damage was not caused by wilful act or by a breach of confidentiality.
Liability of the beneficiaries
