TriBridge Party Caused Guaranty Losses

TriBridge Party Caused Guaranty Losses. Means any Guaranty Losses that arise as a result of (x) any acts, omissions or failure to perform of any TriBridge Party, or (y) actions taken by another Person at the direction of, or pursuant to any contract or subcontract entered into with, any TriBridge Party, provided, however, if an action or omission is (a) Acquiesced to by a BR Party, then the same shall not be deemed a TriBridge Party Caused Guaranty Loss, but rather shall be deemed a Joint Loss or (b) was undertaken at the direction... of a BR Party or on account of a prior act or omission of a BR Party (unless Acquiesced to by a TriBridge Party), then the same shall not be deemed a TriBridge Party Caused Guaranty Loss but rather shall be deemed a BR Party Caused Guaranty Loss. View More