Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor through exercise of reasonable care and diligence in operations and not resulting from Contractor’s failure to timely file and diligently pursue claims against insurance companies. Contractor shall furnish SOC with written notice with details of damages or losses sustained in excess of ten thousand USD (US$10,000) per occurrence as soon as practicable.
Appears in 2 contracts
Samples: Technical Service Contract, Technical Service Contract
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor and Operator through exercise of reasonable care and diligence in operations and not resulting from ContractorContractor and Operator’s failure to timely promptly file and diligently pursue claims against insurance companies. Contractor and Operator shall furnish SOC ROC with written notice with details of damages or losses sustained in excess of ten thousand USD Dollars (US$10,000) per occurrence as soon as practicable.
Appears in 2 contracts
Samples: Development and Production Service Contract, Development and Production Service Contract
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor and Operator through exercise of reasonable care and diligence in operations and not resulting from ContractorContractor and Operator’s failure to timely file and diligently pursue claims against insurance companies. Contractor and Operator shall furnish SOC NOC with written notice with details of damages or losses sustained in excess of ten thousand USD Dollars (US$10,000) per occurrence as soon as practicable.
Appears in 1 contract
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor through exercise of reasonable care and diligence in operations and not resulting from Contractor’s failure to timely file and diligently pursue claims against insurance companies. Contractor shall furnish SOC ROC with written notice with details of damages or losses sustained in excess of ten thousand USD Dollars (US$10,000) per occurrence as soon as practicable.
Appears in 1 contract
Samples: Technical Service Contract
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor and Operator through exercise of reasonable care and diligence in operations and not resulting from ContractorContractor and Operator’s failure to timely promptly file and diligently pursue claims against insurance companies. Contractor and Operator shall furnish SOC NOC with written notice with details of damages or losses sustained in excess of ten thousand USD Dollars (US$10,000) per occurrence as soon as practicable.
Appears in 1 contract
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor and Operator through exercise of reasonable care and diligence in operations and not resulting from ContractorContractor and Operator’s failure to timely promptly file and diligently pursue claims against insurance companies. Contractor and Operator shall furnish SOC ROC with written notice with details of damages or losses sustained in excess of ten thousand USD Dollars (US$US$ 10,000) per occurrence as soon as practicable.
Appears in 1 contract
Samples: Sales Agreement
Damages and Losses. All costs or expenses necessary to replace or repair damages or losses incurred by fire, flood, storm, theft, accident or any other cause not controllable by Contractor through exercise of reasonable care and diligence in operations and not resulting from Contractor’s failure to timely file and diligently pursue claims against insurance companies. Contractor shall furnish SOC ROC with written notice with details of damages or losses sustained in excess of ten thousand USD (US$10,000) per occurrence as soon as practicable.
Appears in 1 contract
Samples: Technical Service Contract for Field