Common use of Damages and Losses to Joint Property Clause in Contracts

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets made necessary because of damages or losses by fire, flood, storms, theft, accident or other cause. The Operator shall furnish each party with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall be credited to the Joint Account.

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets made necessary because of damages or losses by fire, flood, storms, theft, accident or other cause. The Operator shall furnish each party Participant in writing with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall be credited to the Joint Account.

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets made necessary because of damages or losses by fire, flood, storms, theft, accident or other cause. The If the damage or loss is estimated by the Operator to exceed $10,000, the Operator shall furnish each party Participant with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall be credited to the Joint Account.

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets made necessary because of damages or losses by fire, flood, storms, theft, accident or other cause. The Operator shall furnish each party Participant with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall be credited to the Joint Account.

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets assets made necessary because of damages or losses incurred by fire, flood, stormsstorm, theft, accident or other causecauses. The Operator shall will furnish each party Participant with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall will be credited to the Joint Project Account.;

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets assets made necessary because of damages or losses incurred by fire, flood, stormsstorm, theft, accident or other causecauses. The Operator shall General Partner will furnish each party the Limited Partner with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has been discovered. The proceeds, if any, received on claims against any policies of insurance in respect of those damages or losses shall will be credited to the Joint Project Account.;

Damages and Losses to Joint Property. All costs necessary for the repair or replacement of Assets made necessary because of damages or losses incurred by fire, flood, stormsstorm, theft, accident or other cause. The Operator shall furnish each party Participant with written particulars of the damages or losses incurred as soon as practicable after the damage or loss has have been discovered. The proceeds, if any, any received on of claims against any policies of insurance in respect of those damages or losses shall be credited to the Joint Account.