Common use of Willful Action Clause in Contracts

Willful Action. 4.42.1 Action taken or not taken by a Participant at the direction of its directors, officers or employees having management responsibility affecting its performance under any of the Project Agreements, which action is knowingly or intentionally taken or failed to be taken with conscious indifference to the consequences thereof or with intent that injury or damage would result or would probably result therefrom.

Appears in 1 contract

Samples: Participation Agreement (El Paso Electric Co /Tx/)

AutoNDA by SimpleDocs

Willful Action. 4.42.1 4.23.1 Action taken or not taken by a Participant at the direction of its directors, officers officers, Contracting Officer or employees having management or administrative responsibility affecting its performance under any of the Project Agreements, which action is knowingly or intentionally taken or failed to be taken with conscious indifference to the consequences thereof or with intent that injury or damage would result or would probably result therefrom. Willful Action does not include any act or failure to act which is merely involuntary, accidental or negligent.

Appears in 1 contract

Samples: Participation Agreement (Pinnacle West Capital Corp)

Willful Action. 4.42.1 5.41.1 Action taken or not taken by a Participant at the direction of its directors, officers officers, Contracting Officer or employees having management or administrative responsibility affecting its performance under any of the Project Agreements, which action is knowingly or intentionally taken or failed to be not taken with conscious indifference to the consequences thereof or thereofor with intent that injury or damage would result or would probably result therefrom. Willful Action does not include any act or failure to act which is merely involuntary, accidental or negligent.

Appears in 1 contract

Samples: Operating Agreement

Willful Action. 4.42.1 4.1.45.1 Action taken or not taken by a Participant (including the Transmission System Project Manager or the Transmission System Operating Agent) at the direction of its directors, officers officers, or employees having management or administrative responsibility affecting its performance under any of the Project Agreements, which action is knowingly or intentionally taken or failed to be taken with conscious indifference to the consequences thereof or with intent or knowledge that injury injury, damage or damage delay of the Project would result or would probably result therefrom.

Appears in 1 contract

Samples: Participation Agreement (El Paso Electric Co /Tx/)

AutoNDA by SimpleDocs

Willful Action. 4.42.1 4.43.1 Action taken or not taken by a Participant at the direction of its directors, officers or employees having management responsibility affecting its performance under any of the Project Agreements, which action is knowingly or intentionally taken or failed to be taken with conscious indifference to the consequences thereof or with intent that injury or damage would result or would probably result therefrom. Willful Action does not include any act or failure to act which is merely involuntary, accidental or negligent.

Appears in 1 contract

Samples: Participation Agreement (El Paso Electric Co /Tx/)

Time is Money Join Law Insider Premium to draft better contracts faster.