Consequential Loss Following Machinery Breakdown Sample Clauses

Consequential Loss Following Machinery Breakdown. Coverage: Shall insure against loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Facility caused by a peril insured under Machinery Breakdown insurance. Sum insured: An amount equal to the estimated Debt Service which will be due during the Indemnity Period following the current period of the insurance policy. Indemnity Period: 12 Months. Insured: The Company, the O&M Contractor and the Lenders. General: Rights of recourse against BPDB, the Lenders and O&M Contractor shall be waived. Insurance pursuant to Section 14.1(c)(i) and (iii) may be covered under the same policy.
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Consequential Loss Following Machinery Breakdown. Coverage shall insure against loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Facility caused by a peril insured under Machinery Breakdown insurance.
Consequential Loss Following Machinery Breakdown. Coverage shall insure against loss of revenue (including any consequential take or pay coal obligations of the BOT Company incurred in connection therewith) due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Facility caused by a peril insured under Machinery Breakdown insurance. Coverage shall be in an amount equal to or greater than [●] months’ estimated Capacity Charge to be received following the Required Commercial Operation Date of the First Unit or the Facility, as the context requires, with maximum deductible of [●] Days.
Consequential Loss Following Machinery Breakdown. Cover : Loss of revenue as a direct consequence of loss or damage to the Complex insured under Clause 3 above.
Consequential Loss Following Machinery Breakdown. Cover: Loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Plant caused by a peril insured under paragraph 3 above.
Consequential Loss Following Machinery Breakdown. Cover: Loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Plant caused by a peril insured under paragraph 3 above. Sum insured: An amount equal to the estimated continuing expenses, including debt service, during the indemnity period. Indemnity period: Not less than 12 months. Deductible: Not more than 60 days. Insured: Seller and its lenders.

Related to Consequential Loss Following Machinery Breakdown

  • Consequential Loss Notwithstanding anything contained in this Agreement, neither Party shall be liable to the other Party for any indirect, special, consequential, punitive, and/or exemplary damages or losses arising from any act or omission by that Party relating to this Agreement and each Party (the “Indemnifying Party”) shall defend, indemnify and hold the other Party (the “Indemnified Party”) harmless in respect of any and all such indirect, special, consequential, punitive, and/or exemplary damages or losses suffered or incurred by the Indemnifying Party (provided that nothing in this Clause 16 shall relieve any Party from any express obligation under this Agreement to make any payment to another).

  • LOSS OR DAMAGE Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.

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