Common use of LIMITATION OF LIABILITY IN AGREEMENT Clause in Contracts

LIMITATION OF LIABILITY IN AGREEMENT. No Party shall be liable for money damages or other compensation to SPP for actions or omissions by the Party in performing its obligations under this Agreement, except to the extent such act or omission by the Party is found to result from its gross negligence or intentional wrongdoing. A party SPP may not seek to enforce any claims against the directors, members, shareholders, officers, employees or agents of another Party solely by reason of their status as directors, members, shareholders, officers, employees or agents of the other Party. In no event shall SPP or the Parties be liable for any incidental, consequential, punitive, special, exemplary or indirect damages, loss of revenues or profits, arising out of, or connected in any way with the performance or non-performance under this Agreement. The Parties shall not be liable for damages arising out of services provided under this Agreement including, but not limited to any act or omission that results in an interruption, deficiency or imperfection of service, occurring as a result of conditions or circumstances beyond the control of the Party, as applicable, or resulting from electric system design common to the domestic electric utility industry or electric system operation practices or conditions common to domestic electric utility industry. Parties shall not be liable for acts or omissions done in compliance or good faith attempts to comply with directives of SPP, except in cases of gross negligence.

LIMITATION OF LIABILITY IN AGREEMENT. No Party shall be liable for money damages or other compensation to SPP for actions or omissions by the Party in performing its obligations under this Agreement, except to the extent such act or omission by the Party is found to result from its gross negligence or intentional wrongdoing. A party SPP may not seek to enforce any claims against the directors, members, shareholders, officers, employees or agents of another a Party solely by reason of their status as directors, members, shareholders, officers, employees or agents of the other Party. In no event shall SPP or the Parties be liable for any incidental, consequential, punitive, special, exemplary or indirect damages, loss of revenues or profits, arising out of, or connected in any way with the performance or non-performance under this Agreement. The Parties shall not be liable for damages arising out of services provided under this Agreement including, but not limited to any act or omission that results in an interruption, deficiency or imperfection of service, occurring as a result of conditions or circumstances beyond the control of the Party, as applicable, or resulting from electric system design common to the domestic electric utility industry or electric system operation practices or conditions common to domestic electric utility industry. Parties shall not be liable for acts or omissions done in compliance or good faith attempts to comply with directives of SPP, except in cases of gross negligence.

LIMITATION OF LIABILITY IN AGREEMENT. No Party shall be liable for money damages or other compensation to SPP for actions or omissions by the Party in performing its obligations under this Agreement, except to the extent such act or omission by the Party is found to result from its gross negligence or intentional wrongdoing. A party SPP Party may not seek to enforce any claims against the directors, members, shareholders, officers, employees or agents of another Party solely by reason of their status as directors, members, shareholders, officers, employees or agents of the other Party. In no event shall SPP or the Parties be liable for any incidental, consequential, punitive, special, exemplary or indirect damages, loss of revenues or profits, arising out of, or connected in any way with the performance or non-performance under this Agreement. The Parties shall not be liable for damages arising out of services provided under this Agreement including, but not limited to any act or omission that results in an interruption, deficiency or imperfection of service, occurring as a result of conditions or circumstances beyond the control of the Party, as applicable, or resulting from electric system design common to the domestic electric utility industry or electric system operation practices or conditions common to domestic electric utility industry. Parties shall not be liable for acts or omissions done in compliance or good faith attempts to comply with directives of SPP, except in cases of gross negligence.