Insurances and information Sample Clauses

Insurances and information. 19.1.1 The Seller shall, in accordance with this clause 19 (Project Insurance), obtain and maintain in effect, at its own cost and expense, such insurance coverage as is required by:
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Insurances and information. If, during any twelve (12) month period commencing on 1 April, the cumulative duration of Force Majeure events or their consequences, each of which event lasts twenty four (24) hours or longer, exceeds sixty (60) or more days, the Seller shall be entitled to an extension of the Term and/or other relief from the Buyer as shall place the Seller in the same overall economic position as it would have been in but for such Force Majeure event, provided that any compensation shall not take a monetary form and the total extension of the Term shall not exceed ten (10) years.
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Insurances and information. The Seller shall, in accordance with this Clause 21 (Project Insurance), obtain and maintain in effect, at its own cost and expense, such insurance coverage as is required by: any Laws; and the standards of a Reasonable and Prudent Operator, (together with insurances procured pursuant to Clauses 21.1.2 and 21.1.3 below, the “Project Insurances”). The Seller shall take reasonable steps to ensure that it and its contractors obtain and maintain in effect at all times such insurance cover as is appropriate for a contractor acting as a Reasonable and Prudent Operator. Nothing in this Clause 21 (Project Insurance) shall prevent the Seller from procuring additional insurance cover, over and above such insurance coverage as it is required to procure pursuant to this Clause 21.1 (Insurance and information). The Seller shall provide a copy of all Project Insurances to NamPower, along with such documentation as may be necessary to evidence that the Project Insurances are in full force and effect and otherwise in compliance with the other requirements of this Clause 21 (Project Insurance). Not later than thirty (30) days after the date on which the policy for any Project Insurance is issued, amended to any material extent or renewed in accordance with its terms, the Seller shall cause its insurers or agents to provide NamPower with such documentation as may be reasonably necessary to evidence that such policy is in force and the amount of the cover thereunder. The Seller shall provide NamPower, from time to time, with copies of receipts or statements from the Seller’s insurers or agents evidencing payment by the Seller of the premiums in respect of each Project Insurance and the amount of cover.
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Insurances and information. 16.1.1 The Terminal Operator shall, in accordance with this clause 16 (Project Insurance), obtain and maintain in effect, at its own cost and expense, such insurance coverage as is required by:
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Insurances and information. The Terminal Operator shall, in accordance with this clause 16 (Project Insurance), obtain and maintain in effect, at its own cost and expense, such insurance coverage as is required by: any Laws; and the standards of a Reasonable and Prudent Operator. The Terminal Operator shall take reasonable steps to ensure that its Subcontractors obtain and maintain in effect at all times such insurance cover as is appropriate for a reasonable and prudent contractor. Application of insurance proceeds Unless the TNPA (acting reasonably) otherwise agrees in writing, the Terminal Operator shall apply all proceeds of any insurance claim made due to loss or damage to the Project or any part of the LNG Terminal (other than claims under any loss of revenue policies) towards reinstatement, reconstruction, replacement, repair or renewal of such loss or damage in the first instance. Port Users and Port Rules The Terminal Operator shall fulfil its obligations, duties and responsibilities under this Agreement and in particular (without limitation) its duties in respect of the provision of the Construction Works, the Operation and Maintenance and the Services: so as not to interfere with the use of the Port, its facilities and the Port Infrastructure by other Port Users; and in compliance at all times with the Act and the Port Rules. Shareholding in the Terminal Operator The Terminal Operator shall procure that there is no change in the equity of the Terminal Operator (or in any subsidiary or company of which the Terminal Operator is a subsidiary), unless such change in equity has been approved by the TNPA Assignment The Terminal Operator may not assign its rights and obligations under this Agreement to a third party without the written consent of the TNPA which consent shall not be unreasonably held. The Terminal Operator may not Assign its rights under this Agreement for the purpose of providing security under the relevant Financing Agreements without the consent of the TNPA which consent shall not be unreasonably held. The TNPA may not Assign all or any part of its rights and or obligations under this Agreement to a creditworthy third party, save with the prior written approval of the Terminal Operator (such approval not to be unreasonably withheld, conditioned or delayed) or to give effect to any mandatory requirement of any Law, and provided that all of the TNPA's rights and or obligations under the Direct Agreement are assigned together with this Agreement.
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Related to Insurances and information

  • Access and Information The Company, on the one hand, and Parent and Acquisition Corp., on the other hand, shall each afford to the other and to the other’s accountants, counsel and other representatives full access during normal business hours throughout the period prior to the Effective Time to all of its properties, books, contracts, commitments and records (including but not limited to tax returns) and during such period, each shall furnish promptly to the other all information concerning its business, properties and personnel as such other party may reasonably request, provided that no investigation pursuant to this Section 6.01 shall affect any representations or warranties made herein. Each party shall hold, and shall cause its employees and agents to hold, in confidence all such information (other than such information that (a) is already in such party’s possession or (b) becomes generally available to the public other than as a result of a disclosure by such party or its directors, officers, managers, employees, agents or advisors or (c) becomes available to such party on a non-confidential basis from a source other than a party hereto or its advisors, provided that such source is not known by such party to be bound by a confidentiality agreement with or other obligation of secrecy to a party hereto or another party until such time as such information is otherwise publicly available; provided, however, that (i) any such information may be disclosed to such party’s directors, officers, employees and representatives of such party’s advisors who need to know such information for the purpose of evaluating the transactions contemplated hereby (it being understood that such directors, officers, employees and representatives shall be informed by such party of the confidential nature of such information), (ii) any disclosure of such information may be made as to which the party hereto furnishing such information has consented in writing and (iii) any such information may be disclosed pursuant to a judicial, administrative or governmental order or request; provided, further, that the requested party will promptly so notify the other party so that the other party may seek a protective order or appropriate remedy and/or waive compliance with this Agreement and if such protective order or other remedy is not obtained or the other party waives compliance with this provision, the requested party will furnish only that portion of such information that is legally required and will exercise its best efforts to obtain a protective order or other reliable assurance that confidential treatment will be accorded the information furnished. If this Agreement is terminated, each party will deliver to the other all documents and other materials (including copies) obtained by such party or on its behalf from the other party as a result of this Agreement or in connection herewith, whether so obtained before or after the execution hereof.

  • Reports and Information 17.1 At such times and in such forms as the CITY may require, there shall be furnished to the CITY such statements, records, reports, data and information as the CITY may request pertaining to matters covered by this Agreement.

  • RECORDS AND INFORMATION 14.1 A Sector Association and an Operator must retain records of all information required to be supplied to the Administrator under these Rules.

  • Data and Information 12.1 The parties shall comply with all relevant UK and EU data protection legislation in delivering their obligations under the Agreement.

  • Correspondence and Information 6.1 Except where otherwise specified in this Agreement, correspondence between the Association and the University arising out of this Agreement or incidental thereto shall pass between the President and the President of the Association, or their designates.

  • Background Information (A) The Adviser has entered into an Investment Adviser's Agreement with the Fund ("Investment Adviser's Agreement"). Pursuant to the Investment Adviser's Agreement, the Adviser has agreed to render investment advisory and certain other management services to all of the funds of the Fund, and the Fund has agreed to employ the Adviser to render such services and to pay to the Adviser certain fees therefore. The Investment Adviser's Agreement recognizes that the Adviser may enter into agreements with other investment advisers who will serve as fund managers to the funds.

  • CONFIDENTIAL NATURE OF DOCUMENTS AND INFORMATION Information and data that is considered proprietary by either Party or that is delivered or disclosed by one Party (“Discloser”) to the other Party (“Recipient”) during the course of performance of the Contract, and that is designated as confidential (“Information”), shall be held in confidence by that Party and shall be handled as follows:

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