Common use of No Loss Clause in Contracts

No Loss. The Contractor agrees that it shall not at any time assert that any permitted assignee in terms of this Agreement is precluded from recovering any loss resulting from any breach of this Agreement by reason that such assignee is not an original party to this Agreement or that no loss or a different loss has been suffered by such assignee.

Appears in 3 contracts

Samples: Project Agreement, Project Agreement, Form Project Agreement

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No Loss. The Construction Contractor agrees that it shall not at any time assert that any permitted assignee in terms of this Agreement is precluded from recovering any loss resulting from any breach of this Agreement by reason that such assignee is not an original party to this Agreement or that no loss or a different loss has been suffered by such assignee.

Appears in 3 contracts

Samples: Project Agreement, Safety During Construction, Project Agreement

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No Loss. The Contractor agrees that it shall not at any time assert that any permitted assignee in terms of this Agreement is precluded from recovering any loss resulting from any breach of this Agreement by reason that such assignee is not an original party to this Agreement or that no loss less or a different loss has been suffered by such assignee.

Appears in 1 contract

Samples: Form Project Agreement

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