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How is the liability of a Party to indemnify the other reduced if events at the other Party’s risk contributed to the claims, proceedings, compensation and costs?

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 How is the liability of a Party to indemnify the other reduced if events at the other Party’s risk contributed to the claims, proceedings, compensation and costs?

asked Oct 10, 2012 in Risk and Insurance by BuiltIntelligence (840 points)  

1 Answer

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Best answer

The liability of a Party to indemnify the other is reduced according to how far events at the other Party's risk contributed  to the risk event (see Clause 83.2).

answered Oct 10, 2012 by BuiltIntelligence (840 points)  
edited Nov 9, 2012 by Rob Glasspool