Subject to Principle 3, the acceptance of all risks by Project Co does not exclude Project Co's right to claim:
• damages for breach of a State Project Document by the State or any State Associate; or
• compensation for Project Co's or any Project Co Associate's Liability to a third party in respect of death, personal injury or damage to property to the extent such Liability is a consequence of a fraudulent, reckless, unlawful or malicious act or omission of the State or a State Associate.
Project Co's rights are extended in the circumstances set out in Principle 2 because the State recognises that there are certain losses and liabilities that Project Co may incur particularly to third parties that are not covered by the compensation regime in the Change Compensation Principles.