Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 8 contracts
Samples: Financial Support Agreement, Financial Support Agreement, Financial Support Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by gross negligence or a wilful act, gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either any Party’s statutory liability.
Appears in 2 contracts
Samples: Collaboration Contract, Collaboration Contract
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party (Member) shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 2 contracts
Samples: Consortium Agreement, Consortium Agreement
Limitations of contractual liability. The Parties shall take all To the necessary steps to limit or mitigate any damage. No extent permitted by mandatory law, no Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentialitygross negligence. The terms of this Agreement shall not be construed to amend or limit either A Party’s statutory liability.aggregate liability towards the other Parties collectively shall be limited to once the Party’s Project Share as identified in Annex I of the EC-GA. In no event can the Parties be held jointly and severally liable in respect of the Project
Appears in 2 contracts
Samples: Consortium Agreement, Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible liable to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liabilityconfidentiality in accordance with 5.4.
Appears in 1 contract
Samples: Partnership Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Financial Support Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any direct or indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a except in case of breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful actwillful act or gross negligence. Each Party shall be solely liable for any loss, gross negligence damage or injury to third parties resulting from the performance of the said Party's obligat ions by a breach it or on its behalf under this Consortium Agreement or from its use of confidentiality. The terms of this Agreement shall not be construed to amend results or limit either Party’s statutory liabilitybackground.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentiality. The terms of this Consortium Agreement shall not be construed to amend amenci or limit either any Party’s 's statutory liabilityliabi lity .
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence act or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited límited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, gross negligence or by a except in case of breach of confidentialityconfidentíality. The terms A Party's aggregate liability towards the other Parties collectívely shall be limited to once the Party's share of this Agreement shall not be construed to amend or limit either Party’s statutory liabilitythe total costs of the Project as ídentífied in Annex 2 of the Grant Agreement.
Appears in 1 contract
Samples: Consortium Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any punitive damages, indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such . A Party’s aggregate liability towards the other Parties individually and collectively shall be limited to once that Party’s share of the total costs of the Project as identified in Annex 1 to the EC-GA received from the Commission. The exclusions and limitations of liability stated above shall not apply in the case of damage was not caused by a wilful act, act or gross negligence or by a breach of confidentiality. The terms of this Agreement shall not be construed to amend or limit either Party’s statutory liabilitynegligence.
Appears in 1 contract
Samples: Partnership Agreement
Limitations of contractual liability. The Parties shall take all the necessary steps to limit or mitigate any damage. No Party shall be responsible to the any other Party for any indirect or consequential loss or similar damage such as, but not limited to, loss of profit, loss of revenue or loss of contracts, provided such damage was not caused by a wilful act, act or gross negligence or negligence. A Party’s aggregate liability towards the other Parties collectively shall be limited to 100,000 Euro provided such damage was not caused by a breach of confidentialitywilful act or gross negligence. The terms of this Consortium Agreement shall not be construed to amend or limit either any Party’s statutory liability.
Appears in 1 contract
Samples: Consortium Agreement