Newmont Party definition
Examples of Newmont Party in a sentence
Supplier covenants that Supplier shall not at any time in the future, directly or indirectly, commence or prosecute any Claim against any Newmont Party in any way related to Supplier’s use of Newmont’s Equipment.
Whether Supplier insures or self-insures such tools and equipment, Supplier hereby releases from liability, and waives all rights of recovery (including rights of subrogation) from and against, each Newmont Party for all loss or damage to such tools and equipment irrespective of the theory upon which any claim is brought.
Supplier discharges and releases each Newmont Party from any and all Claims and Losses, of any nature whatsoever, relating to Supplier’s use of Newmont’s Equipment.
Supplier shall include in all subcontracts a provision equivalent to this clause (7) affording each Newmont Party a release from and waiver of liability for loss or damage to subcontractors’ tools and equipment.
Supplier shall indemnify, defend, and hold harmless each Newmont Party from and against any and all Claims, and all Losses related thereto, incurred in connection with Supplier’s failure to pay such taxes, levies, duties, and assessments.
Supplier represents and warrants to Newmont that neither Supplier's performance of the Services nor Supplier's use of materials, methods, products, or equipment in performance of the Services will infringe any third party patents or violate any trademarks, copyrights, trade secrets, or other intellectual property rights, or cause any Newmont Party to be liable for any fees or royalties arising under any of the same.
Supplier shall include in all subcontracts a provision equivalent to this Section 8.A.(7) affording each Newmont Party a release from and waiver of liability for loss or damage to subcontractors’ tools and equipment.
To the greatest extent permitted by Law, all liabilities associated with any Non-Assignable Assets shall be, and shall for all purposes be deemed to be, transferred to the JV Company as of the Closing Date and the JV Company shall thereafter be fully responsible and liable therefor, and the Parties shall cause the JV Company to indemnify and save harmless the Barrick Party or the Newmont Party that is party to or otherwise holds such Non-Assignable Asset.