Common use of INSURANCE The Insurances Clause in Contracts

INSURANCE The Insurances. 17.1 WEPCo shall procure at its own cost that the insurances, details of which are set out in Schedule 9 (Insurances), are taken out and are maintained for the term of this Agreement provided that WEPCo shall not be required to maintain such of those insurances as are unavailable within the worldwide insurance market with reputable insurers of good standing (provided always such unavailability is not caused by the actions of WEPCo) or which are offered on terms such that the risk is not generally being insured against in the worldwide insurance market.

Appears in 4 contracts

Samples: Partnering Agreement, Partnering Agreement, Partnering Agreement

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INSURANCE The Insurances. 17.1 WEPCo shall procure at its own cost that the insurances, details of which are set out in Schedule 9 (InsurancesInsurance), are taken out and are maintained for the term of this Agreement provided that WEPCo shall not be required to maintain such of those insurances as are unavailable within the worldwide insurance market with reputable insurers of good standing (provided always such unavailability is not caused by the actions of WEPCo) or which are offered on terms such that the risk is not generally being insured against in the worldwide insurance market.

Appears in 1 contract

Samples: Partnering Agreement

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