Willful Action definition
Examples of Willful Action in a sentence
Except for any loss, damage, claim, cost, charge or expense resulting from Willful Action, each Party releases the other Party, its directors or other governing body, officers and employees from any such liability.
Willful Action means an action taken or not taken by a Party that is knowingly or intentionally taken or not taken with the intent that injury or damage would result or with a reckless disregard for the result.
Willful Action does not include any act or failure to act which is merely involuntary, accidental or negligent.
Willful Action does not include any act or failure to act that is involuntary, accidental, or negligent.
With respect to the Reclamation Trust Funds Operating Agent’s liability for Willful Action, such liability will in no event exceed (i) a total of ten million dollars ($10,000,000) per occurrence before the Exit Date; and (ii) a total of fourteen million dollars ($14,000,000) per occurrence on and after the Exit Date.