Gross Negligence. “Gross Negligence” means; any act or failure to act (whether sole, joint or concurrent) by a person or entity which was intended to cause, or which was in reckless disregard of or wanton indifference to, avoidable and harmful consequences such person or entity knew, or should have known, would result from such act or failure to act. Notwithstanding the foregoing; Gross negligence shall not include any action taken in good faith for the safeguard of life or property.
Appears in 4 contracts
Samples: Model Contract, Model Contract, Model Contract
