Common use of BREACH OF CONTRACT Covered Risk Clause in Contracts

BREACH OF CONTRACT Covered Risk. 6.1 The guarantee against Breach of Contract shall cover a Loss that is due to the inability of the Guarantee Holder or the Project Enterprise to enforce an Award rendered in its favor against the Host Government, provided that:

Appears in 3 contracts

Samples: www.miga.org, www.miga.org, www.miga.org

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BREACH OF CONTRACT Covered Risk. 6.1 The guarantee against Breach of Contract shall cover a Loss resulting from a default by the Project Enterprise in making payment to the Guarantee Holder of Guaranteed Reimbursement Amounts that is due attributable to the inability of the Guarantee Holder or the Project Enterprise to enforce an Award rendered in its favor against the Host Government, provided that:

Appears in 2 contracts

Samples: www.miga.org, www.miga.org

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BREACH OF CONTRACT Covered Risk. 6.1 The guarantee against Breach of Contract shall cover a Loss that is due to the inability of the Guarantee Holder or the Project Enterprise (on behalf of the Guarantee Holder) to enforce an Award rendered in its favor against the Host Government, provided that:

Appears in 2 contracts

Samples: www.miga.org, www.miga.org

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