Common use of Associated Persons Clause in Contracts

Associated Persons. The benefit of the limitations and exclusions in this clause 18 is intended to each Party’s Associated Persons, and to be enforceable by, and for their claims to be limited and excluded by, them pursuant to the Contracts (Privity) ▇▇▇ ▇▇▇▇. Accordingly, each reference to the liability of a Party will be read as a reference to the combined liability of that Party and its Associated Persons to the other Party and its Associated Persons. Except to the extent prohibited by that Act, the Parties will not be required to obtain the consent of any Associated Persons in order to amend this clause 18 or any other part of this AES Agreement.

Associated Persons. The benefit of the limitations and exclusions in this clause 18 is intended to each Party’s Associated Persons, and to be enforceable by, and for their claims to be limited and excluded by, them pursuant to the Contracts (Privity) ▇▇▇ ▇▇▇▇Contract and Commercial Law Act 2017. Accordingly, each reference to the liability of a Party will be read as a reference to the combined liability of that Party and its Associated Persons to the other Party and its Associated Persons. Except to the extent prohibited by that Act, the Parties will not be required to obtain the consent of any Associated Persons in order to amend this clause 18 or any other part of this AES Agreement.