 Who is the Covered Person not liable to?
To the fullest extent permitted by applicable Law, no Covered Person shall be liable to the Joint Venture or any party for ( i ) any act or omission by such Covered Person in connection with the conduct of the business of the Joint Venture unless such act or omission constitutes Disabling Conduct on the part of such Covered Person or ( ii ) any action or omission by any Participant; provided such action or omission is not in connection with the Disabling Conduct of a Covered Person.
the Joint Venture