The Funding Recipient s assumption of risk and release of GBRF The Funding Recipient agrees to deliver the Project at its own risk and neither GBRF nor any of its Personnel are liable to the Funding Recipient (or the Funding Recipient's Personnel or Subcontractors) (each a Releasing Party) for any loss or damage a Releasing Party suffers, howsoever occasioned, in connection to the delivery of the Project or this Agreement, save in relation to any negligent or unlawful act or omission or wilful misconduct caused by GBRF or its Personnel, in which case the aggregate liability of GBRF and its Personnel will not exceed [Insert Figure.].
The Funding Recipient. The Funding Recipient commits to: