Act or Omission definition

Act or Omission means any good-faith act or omission that is in any way connected with this Agreement, and includes: (i) the performance, and non-performance, of duties under this Agreement; (ii) the exercise of discretion, and failure to exercise discretion, in connection this Agreement; (iii) the interpretation of this Agreement, or of any law, policy (including the Exchange Policy), rule, regulation or order; and (iv) the enforcement of, and failure to enforce, this Agreement.
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Examples of Act or Omission in a sentence

  • Harmless the Released Parties and each of them From and Against Any Loss, Liability, Damage, Cost, Claim, Expense or Demand Against any of the Released Parties Arising out of or Related to the Undersigned’s Participation in the “Artist Alley”; Whether Caused by the Negligence of any of the Released Parties, the Undersigned’s Act or Omission, Any Act or Omission of a Person Assisting or Sharing a Table Rental With the Undersigned, or Otherwise.

  • Signature of Grievant Date District Officer Occasioning the Grievance The Date Grievant Became Aware of the Act or Omission Giving Rise to the Grievance Briefly describe the reasons for appeal of the decision from Level One.

  • The State may request Project Co to rectify the defect and, in that case, the amount charged by Project Co to the State for rectifying the defect will be a debt due and payable by the Operator to the State.‌ (ii) If, during the State Access Period or at any other time prior to Commercial Acceptance, the DBFM Works are damaged due to a Tortious Act or Omission or breach of a Project Document by the Operator or an Operator Associate, rectification of the damage will be at the Operator’s cost.

  • It is the parties’ intent that the District should pay no more than what the District would have paid if the Wrongful Act or Omission had not occurred.

  • When District so backcharges and withholds, upon Architect’s request District and Architect shall meet and confer in good faith in an effort to reach agreement on (a) whether a Wrongful Act or Omission occurred, (b) whether it caused the change order expense, (c) what damages have been incurred by District, and (d) what portion of the damages are attributable to Architect as described above.

  • The amount of added value of any change order work shall be based on the circumstances of the Architect’s Wrongful Act or Omission and the change order work necessitated by the Wrongful Act or Omission.

  • The Contractor shall be responsible to indemnify the Railway Administration in case of any damages claimed for any injury or what so ever sustained by any third party or any Railway Personnel, Administration of any Act or Omission or Compensation of the Contractor of his Agents or found vicariously liable to compensate by any authority or Court of Law.

  • In the event of an Agent Act or Omission for which the AmTrust Indemnitees are entitled to indemnification from GMACI hereunder, the provisions of Section 7.2 shall apply mutatis mutandis.

  • Any costs incurred acting at the State's direction will be Operating Costs except to the extent, and only to that extent, that they arise due to the Tortious Act or Omission or breach of a Project Document by the Operator or an Operator Associate.

  • A "Performance Failure Day" means any 24-hour period during which the Production Facilities fail to satisfy the Thermal Energy Requirements or the Thermal Energy Standards for more than 8 hours, except if such failure is the direct result of Force Majeure or a Resorts' Act or Omission.