Common use of WARRANTY CLAUSE Clause in Contracts

WARRANTY CLAUSE. 7.3.1. Without prejudice to the application of penalties as provided for in the Functioning Rules, the CAPACITY PROVIDER and XXXX will guarantee each other against any compensation order for damage suffered by a third party resulting from their gross negligence, fraud or willful misconduct in the performance of their obligations under this Contract.

WARRANTY CLAUSE. 7.3.1. Without prejudice to the application of penalties as provided for in the Functioning Rules, the CAPACITY PROVIDER and XXXX will guarantee each other against any compensation order for damage suffered by a third party resulting from their gross negligence, fraud or willful wilfulwillful misconduct in the performance of their obligations under this Contract.

WARRANTY CLAUSE. 7.3.1. Without prejudice to the application of penalties as provided for in the Functioning Rules, the CAPACITY PROVIDER and XXXX will guarantee each other against any compensation order for damage suffered by a third party resulting from their gross negligence, fraud or willful wilful misconduct in the performance of their obligations under this Contract.