Common use of Responsibility for losses and damages Clause in Contracts

Responsibility for losses and damages. 1. Contractor, in its capacity as the entity responsible for the execution of the Petroleum Operations within the Contract Area, shall be liable to third parties to the extent provided under the Law for any losses and damage it may cause to them in conducting the Petroleum Operations and shall indemnify and defend Sonangol with respect thereto, provided that Sonangol has given timely notice of the claims and opportunity to defend.

Appears in 4 contracts

Samples: Risk Services Agreement, Risk Services Agreement, Risk Services Agreement (Cobalt International Energy, Inc.)

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Responsibility for losses and damages. 1. ContractorContractor Group, in its capacity as the entity responsible for the execution of the Petroleum Operations within the Contract Area, shall be liable to third parties to the extent provided under the Law for any losses and damage it may cause to them in conducting the Petroleum Operations and shall indemnify and defend Sonangol with respect thereto, provided that Sonangol has given timely notice of the claims and opportunity to defend.

Appears in 2 contracts

Samples: Sharing Agreement, Sharing Agreement

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Responsibility for losses and damages. 1. ContractorThe Contractor Group, in its capacity as the entity responsible for the execution of the Petroleum Operations within the Contract Area, shall be liable to third parties to the extent provided under the Law for any losses and damage it may cause to them in conducting the Petroleum Operations and shall indemnify and defend Sonangol with respect thereto, provided that Sonangol has the latter have given timely notice of the claims and opportunity to defend.

Appears in 1 contract

Samples: Production Sharing Agreement

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