Commercial Space Transportation, FAA, DOT Pt. 450Indemnification & Liability • December 12th, 2014
Contract Type FiledDecember 12th, 2014Agreement to the contrary, Licensee shall hold harmless and indemnify the United States and its agencies, servants, agents, employees and assignees, or any of them, from and against liability, loss or damage arising out of claims for Bodily Injury or Property Damage, resulting from Licensed Launch Activities, regardless of fault, except to the extent that: (i) as provided in section 7(b) of this Agreement, claims result from willful misconduct of the United States or its agents; (ii) claims for Property Damage sustained by the United States or its Con- tractors and Subcontractors exceed the amount of insurance or demonstration of fi- nancial responsibility required under section 440.9(e) of the Regulations (14 CFR 440.9(e));