Liability of Parties. Without waiving any defenses including governmental immunity, each Party to this XXX agrees to be responsible for its own acts of negligence, which may arise in connection with any and all claims for damages, costs and expenses to person or persons and property that may arise out of or be occasioned by this XXX or any of its activities or from any act or omission of any employee or invitee of the Parties. The provisions in this paragraph are solely for the benefit of the Parties hereto and are not intended to create or grant any rights, contractually or otherwise to any third party.
Liability of Parties. By entering into this Agreement, no party shall become liable for any other party's obligations relating to any activities beyond the scope of this Agreement, except as provided by the Act. If any party suffers, or is held liable for, any loss or liability of the Partnership which is in excess of that agreed upon herein, such party shall be indemnified by the other parties, to the extent of their respective interests in the Partnership, as provided herein.
Liability of Parties. Except if and to the extent that such party is released from liability to the other party hereto pursuant to the provision of subsection 4.4.
Liability of Parties. If the Partnership participates in a well with third parties the liability of the parties shall be several, not joint or collective. The Partnership shall be responsible only for its obligations, and shall be liable only for its proportionate share of the costs of developing and operating the Prospects. It is not the intention of the parties to create, nor shall this agreement be construed as creating, a mining or other partnership or association, or to render the parties liable as partners.
Liability of Parties. The liability of the parties shall be several, not joint or collective. Each party shall be responsible only for its obligations, and shall be liable only for its proportionate share of the costs of developing and operating the Contract Area. Accordingly, the liens granted among the parties in Article VII.B. are given to secure only the debts of each severally, and no party shall have any liability to third parties hereunder to satisfy the default of any other party in the payment of any expense or obligation hereunder. It is not the intention of the parties to create, nor shall this Agreement be construed as creating, a mining or other partnership, joint venture, agency relationship or association, or to render the parties liable as partners, co-venturers, or principals. In their relations with each other under this Agreement, the parties shall not be considered fiduciaries or to have established a confidential relationship but rather shall be free to act on an arm’s length basis in accordance with their own respective self-interest, subject, however, to the obligation of the parties to act in good faith in their dealings with each other with respect to activities hereunder.
Liability of Parties. 7.1. The parties bear full material liability for failure to adhere to the terms and conditions of the Agreement as well as for causing damage upon leasing the property.
Liability of Parties. If a party consists of more than one person:
Liability of Parties. 1. Nothing in this Agreement shall be construed to create a joint venture, agency or other legal relationship between the Healthcare Agency and RTC which could result in either party being responsible or liable for the acts or omissions of the other party.
Liability of Parties. The liability of the Parties shall be several, not joint or collective. Each party shall be responsible only for its obligations, and shall be liable only for its proportionate share of the costs of developing and operating the Contract Area. Accordingly, the liens granted among the Parties are given to secure only the debts of each severally. It is not the intention of the Parties to create, nor shall this agreement be construed as creating, a mining or other partnership or association, or to render the Parties liable as partners.
Liability of Parties. (a) Nothing herein contained shall constitute the Dealer-Manager, the Soliciting Dealers, the General Partner and the Fund as an association, partnership, unincorporated business or other separate entity, nor shall anything herein contained render the General Partner or the Fund liable for the obligations of any of the Soliciting Dealers. Neither the General Partner nor the Fund shall be under any liability to any Soliciting Dealer or any other person for any act or omission or any matter connected with this Agreement or the Fund, except for obligations expressly assumed by an association, partnership, unincorporated business or other separate entity in this Agreement.
