No IESO Liability Sample Clauses

No IESO Liability. Notwithstanding anything contained in the Funding Agreement, the Recipient acknowledges and agrees that the IESO will not have any liability whatsoever in the event that the Recipient suffers any losses or damages of any kind as a result of: the undertaking of any activity set out in the Work Plan; the completion of a Deliverable; the Lead Recipient’s disbursement of funds among Joint Recipients, if applicable; any delays in processing the Deliverables or releasing the Disbursements to the Recipient; the subject matter of the Funding Agreement; the Recipient failing to obtain a funding agreement or contract in, or gain the benefit of any opportunity related to, the electricity sector, whether in respect of any of the Support Programs, the FIT Program, the LRP Program or otherwise; or participation in the ECB Program. Despite anything in the Rules or otherwise in the Funding Agreement, Recipients are solely responsible for ensuring the technical, regulatory and financial viability of their Initiatives, and the IESO shall have no responsibility whatsoever to independently assess the viability of any Initiative, nor any liability in the event that an Initiative turns out not to be viable in any respect.
Sample 1Sample 2
AutoNDA by SimpleDocs
No IESO Liability. (a) Notwithstanding anything contained in the Funding Agreement, the Recipient acknowledges and agrees that the IESO will not have any liability whatsoever in the event that the Recipient suffers any losses or damages of any kind as a result of: (i) undertaking any Activity; (ii) the completion of a Deliverable; (iii) the Lead Recipient’s disbursement of funds among Joint Recipients, if applicable; (iv) any delays in processing the Deliverables or releasing the Funding Payments to the Recipient; (v) the subject matter of the Funding Agreement; or (vi) participation in the EPP. (b) By entering into the Funding Agreement, the IESO does not in any way represent, warrant or guarantee that any of the Recipient or any of its Affiliates will be awarded any additional FIT Contract. (c) Despite anything in the Project Development Rules or otherwise in the Funding Agreement, Recipients are solely responsible for ensuring the technical, regulatory and financial viability of their FIT Projects, and the IESO shall have no responsibility whatsoever to independently assess the viability of any FIT Project, nor any liability in the event that a FIT Project turns out not to be viable in any respect.
Sample 1
No IESO Liability. (a) Notwithstanding anything contained in the Funding Agreement, the Recipient acknowledges and agrees that the IESO will not have any liability whatsoever in the event that the Recipient suffers any losses or damages of any kind as a result of: (i) undertaking any Activity; (ii) the completion of a Deliverable; (iii) any delays in processing the Deliverables or releasing the Funding Payments to the Recipient; (iv) the subject matter of the Funding Agreement; or (v) participation in the EPP. (b) By entering into the Funding Agreement, the IESO does not in any way represent, warrant or guarantee that the Recipient or any of its Affiliates will be awarded any other IESO contract, including any electricity generation contract.
Sample 1
No IESO Liability. Notwithstanding anything contained in this Funding Agreement, the Recipient acknowledges and agrees that the IESO will not have any liability whatsoever in the event that the Recipient suffers any losses or damages of any kind as a result of: (a) the completion of a Deliverable; (b) the Project Lead’s disbursement of funds among multiple Recipients, if applicable;
Sample 1

Related to No IESO Liability

  • No Liability Bank shall not be responsible or liable for any shortage or discrepancy in, damage to, or loss or destruction of, any goods, the sale or other disposition of which gives rise to an Account, or for any error, act, omission, or delay of any kind occurring in the settlement, failure to settle, collection or failure to collect any Account, or for settling any Account in good faith for less than the full amount thereof, nor shall Bank be deemed to be responsible for any of Borrower’s obligations under any contract or agreement giving rise to an Account. Nothing herein shall, however, relieve Bank from liability for its own gross negligence or willful misconduct.

  • Auto Liability Where the services to be provided under this Contract involve or require the use of any type of vehicle by Contractor in order to perform said services, Contractor shall also provide comprehensive business or commercial automobile liability coverage including non-owned and hired automobile liability in the amount of one million dollars ($1,000,000.00).

  • Company's Liability The Consultant agrees to defend, indemnify, and hold the Company harmless from an against any and all reasonable costs, expenses and liability (including reasonable attorney's fees paid in defense of the Company) which may in any way result pursuant to its gross negligence or willful misconduct or in any connection with any actions taken or statements made, on behalf of the Company, without the prior approval or authorization of the Company or which are otherwise in violation of applicable law.

  • Business Auto Liability The following Automobile Liability will be required and coverage shall apply to all owned, hired, and non-owned vehicles used with minimum limits of: $100,000 bodily injury per person (B.I.) $300,000 bodily injury per occurrence (B.I.) $100,000 property damage (PD) or $300,000 combined single limit (C.S.L.) of B.I. and P.D.

  • No Liability of Members All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.

  • No Liability Until Receipt The Custodian shall not be liable for, or considered to be the Custodian of, any money, whether or not represented by any check, draft, or other instrument for the payment of money, received by it on behalf of the Series, until the Custodian actually receives and collects such money.

  • Liability of Company The Indemnitee agrees that neither the stockholders nor the directors nor any officer, employee, representative or agent of the Company shall be personally liable for the satisfaction of the Company's obligations under this Agreement and the Indemnitee shall look solely to the assets of the Company for satisfaction of any claims hereunder.

  • No Liabilities Except as set forth in the most recent financial statements referred to in Section 3.04(a), as of the Closing Date there are no liabilities of any Company of any kind, whether accrued, contingent, absolute, determined, determinable or otherwise, which could reasonably be expected to result in a Material Adverse Effect, other than liabilities under the Loan Documents, the Revolving Credit Loan Documents and the Senior Notes. Since March 31, 2010, there has been no event, change, circumstance or occurrence that, individually or in the aggregate, has had or could reasonably be expected to result in a Material Adverse Effect.

  • No Liability for Interest Unless otherwise agreed with the Company, the Warrant Agent shall have no liability for interest on any monies at any time received by it pursuant to any of the provisions of this Agreement or of the Warrant Certificates.

  • Umbrella Liability The Umbrella / Excess Liability must be at least as broad as the underlying general liability and automobile liability policies. Limits – Each Occurrence $1,000,000 General Aggregate $1,000,000

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