Common use of Reduction of XXXX'x liability Clause in Contracts

Reduction of XXXX'x liability. XXXX'x liability to the Subscriber under this clause 15 will be reduced to the extent that: (a) the Subscriber's loss is caused or contributed to by: (i) any action taken by XXXX in accordance with its obligations under the Operating Requirements, including Operating Requirement 7.10; (ii) the Subscriber's breach of this Participation Agreement or by the negligence of the Subscriber; or (iii) the act or omission of any government agency, State or Federal (including, but not limited to, a Land Registry or Duty Authority or the Reserve Bank of Australia); or (b) the Subscriber did not take reasonable steps to mitigate any potential loss.

Reduction of XXXX'x liability. XXXX'x liability to the Subscriber under this clause 15 will be reduced to the extent that: (a) the Subscriber's loss is caused or contributed to by: (i) any action taken by XXXX PEXA in accordance with its obligations under the Operating Requirements, including Operating Requirement 7.10; (ii) the Subscriber's breach of this Participation Agreement or by the negligence of the Subscriber; or (iii) the act or omission of any government agency, State or Federal (including, but not limited to, a Land Registry or Duty Authority or the Reserve Bank of Australia); or (b) the Subscriber did not take reasonable steps to mitigate any potential loss.