Common use of LOSS OF FACILITY Clause in Contracts

LOSS OF FACILITY. USER hereby expressly waives any and all claims for compensation for all losses or damage sustained by reason of any defect, failure, or impairment of the Facility or utilities. USER agrees to bear all risk of loss of the Facility by fire or other occurrence that, in USA's sole judgment, renders performance of this agreement impossible.

Appears in 2 contracts

Samples: University Template Agreement, Athletic Facilities Use Agreement

AutoNDA by SimpleDocs

LOSS OF FACILITY. USER hereby expressly waives any and all claims for compensation for all losses or damage sustained by reason of any defect, failure, failure or impairment of the Facility or utilities. USER agrees to bear all risk of loss of the Facility by fire or other occurrence that, in USA's sole judgment, renders performance of this agreement Agreement impossible.

Appears in 2 contracts

Samples: University Template Agreement, Athletic Facilities Use Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!