Common use of RECIPROCAL WAIVER OF CLAIMS – QUALIFIED ANTI-TERRORISM TECHNOLOGY Clause in Contracts

RECIPROCAL WAIVER OF CLAIMS – QUALIFIED ANTI-TERRORISM TECHNOLOGY. This Contract may involve the manufacture, sale, use, or operation of a Qualified Anti-Terrorism Technology(s). Buyer is a contractor, subcontractor, supplier, vendor, customer or contractor and subcontractor of a customer of such technologies. As such, pursuant to 6 U.S.C. 443(b) of the SAFETY Act and 6 C.F.R. 25.5(e), each Party shall be responsible for losses, including business interruption losses, that such Party sustains (and for losses that its employees sustain) resulting from an activity resulting from an Act of Terrorism when the Qualified Anti-Terrorism Technology(s) has been deployed in defense against or response to or recovery from such Act of Terrorism.

Appears in 4 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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RECIPROCAL WAIVER OF CLAIMS – QUALIFIED ANTI-TERRORISM TECHNOLOGY. This Contract may involve involves the manufacture, sale, use, or operation of a Qualified Anti-Terrorism Technology(s). Buyer is a contractor, subcontractor, supplier, vendor, customer or contractor and subcontractor of a customer of such technologies. As such, pursuant to 6 U.S.C. 443(b) of the SAFETY Act and 6 C.F.R. 25.5(e), each Party shall be responsible for losses, including business interruption losses, that such Party sustains (and for losses that its employees sustain) resulting from an activity resulting from an Act of Terrorism when the Qualified Anti-Terrorism Technology(s) has been deployed in defense against or response to or recovery from such Act of Terrorism.

Appears in 1 contract

Samples: Commercial Terms and Conditions

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