Common use of Limitation of Transpower’s Liability Clause in Contracts

Limitation of Transpower’s Liability. Subject to clauses 20.9 and 22.5, if Transpower or its Associates are liable to the Customer (whether in contract, tort (including negligence), equity or otherwise), other than for payment of amounts due or under any indemnity, Transpower and its Associates will only be liable for direct loss to the Customer excluding: (a) Loss: any loss of use, revenue or profit by the Customer; and (b) Damages: the amount of any damages awarded against the Customer in favour of a third party; and

Appears in 7 contracts

Samples: Benchmark Agreement, Default Transmission Agreement, Transpower Works Agreement

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Limitation of Transpower’s Liability. Subject to clauses 20.9 20.9, 20.10 and 22.5, if Transpower or its Associates are liable to the Customer (whether in contract, tort (including negligence), equity or otherwise), other than for payment of amounts due or under any indemnity, Transpower and its Associates will only be liable for direct loss to the Customer excluding: (a) Loss: any loss of use, revenue or profit by the Customer; and (b) Damages: the amount of any damages awarded against the Customer in favour of a third party; and

Appears in 1 contract

Samples: Benchmark Agreement

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Limitation of Transpower’s Liability. Subject to clauses 20.9 17.9 and 22.519.5, if Transpower or its Associates are liable to the Customer (whether in contract, tort (including negligence), equity or otherwise), other than for payment of amounts due or under any indemnity, Transpower and its Associates will only be liable for direct loss to the Customer excluding: (a) Loss: any loss of use, revenue or profit by the Customer; and (b) Damages: the amount of any damages awarded against the Customer in favour of a third party; and

Appears in 1 contract

Samples: Benchmark Agreement

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