Template:GTMA Master Agreement 2004 13.3: Difference between revisions

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{{gtmaprov|13.3}} '''{{gtmaprov|Sole Remedy}}'''<br>
{{gtmaprov|13.3}} '''{{gtmaprov|Sole Remedy}}'''<br>
Subject to the rights to suspend, take action, terminate, liquidate and accelerate and to be paid a {{gtmaprov|Termination Payment}} under clause {{gtmaprov|12}}, payment in accordance with the provisions of clause {{gtmaprov|6}}  shall be in full and final satisfaction of the rights of the Parties for any total or partial failure to comply with clause {{gtmaprov|3.3}}, {{gtmaprov|4}} or {{gtmaprov|5}}, howsoever caused and even where caused by the negligence or breach of duty of a {{gtmaprov|Party}}.<br>
Subject to the rights to suspend, take action, terminate, liquidate and accelerate and to be paid a {{gtmaprov|Termination Payment}} under clause {{gtmaprov|12}}, payment in accordance with the provisions of clause {{gtmaprov|6}}  shall be in [[full and final satisfaction]] of the rights of the Parties for any total or partial failure to comply with clause {{gtmaprov|3.3}}, {{gtmaprov|4}} or {{gtmaprov|5}}, howsoever caused and even where caused by the negligence or breach of duty of a {{gtmaprov|Party}}.<br>

Latest revision as of 16:15, 19 June 2019

13.3 Sole Remedy
Subject to the rights to suspend, take action, terminate, liquidate and accelerate and to be paid a Termination Payment under clause 12, payment in accordance with the provisions of clause 6 shall be in full and final satisfaction of the rights of the Parties for any total or partial failure to comply with clause 3.3, 4 or 5, howsoever caused and even where caused by the negligence or breach of duty of a Party.