Common use of No Loss or Gain Clause in Contracts

No Loss or Gain. principle, to be observed by the Consortium Members, according to which the Operator shall not earn profits nor incur losses compared to other Consortium Members when carrying out and executing Operations on behalf of the Consortium.

Appears in 17 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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No Loss or Gain. principle, to be observed by the Consortium Members, according to which the Operator shall not earn profits nor incur losses compared to other Consortium Members when carrying out and executing Operations on behalf of the Consortium.

Appears in 2 contracts

Samples: rodadas.anp.gov.br, brazilrounds.anp.gov.br

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No Loss or Gain. principle, to be observed by the Consortium Members, according to which the Operator shall not earn profits nor incur losses compared to other Consortium Members consortium members when carrying out and executing Operations on behalf of the Consortium.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

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