Neither the ARC, individual ARC members, the Genesee Foundation or assigns shall be liable for damages to anyone submitting plans to them for approval, or to any Owner or applicant by reason of mistake in judgement, negligence or nonfeasance arising out of, or in connection with, the approval or disapproval or failure to approve any plans, specifications or descriptive documentation. Every applicant who submits plans or descriptive documentation to the ARC for approval agrees, by submittal of such documents, that they will not bring action or suit against the ARC, individual ARC members, the Genesee Foundation or assigns to recover damages.