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. (a) The Seller shall (or shall procure that the Owner will, if applicable), in accordance with this Clause 20 (Project Insurance), obtain and maintain in effect, at its own cost and expense, such insurance coverage as is required by: (i) any Laws; and (ii) the standards of a Reasonable and Prudent Operator, (together with insurances procured pursuant to paragraphs (b) and (c) below, the “Project Insurances”). (b) The Seller shall take reasonable steps to ensure that it, the Owner and the Seller’s and Owner’s 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. (c) Nothing in this Clause 20 (Project Insurance) shall prevent the Seller (or the Owner, if applicable) from procuring additional insurance cover, over and above such insurance coverage as it is required to procure pursuant to this Clause 20.1 (Insurances and information). (d) The Seller shall (and shall procure that the Owner will, if applicable) provide a copy of all Project Insurances, 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 20 (Project Insurance). (e) Not later than twenty (20) 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 (and shall procure that the Owner will cause, if applicable) its insurers or agents to provide the Buyer with such documentation as may be reasonably necessary to evidence that such policy is in force and the amount of the cover thereunder. (f) The Seller shall provide the Buyer, from time to time, with copies of receipts or statements from the Seller’s (and the Owner’s, if applicable) insurers or agents evidencing payment by the Seller (or the Owner, if applicable) of the premiums in respect of each Project Insurance and the amount of cover.
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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

  • Reports and Information Contractor shall at such times and in such forms as the City may require furnish the City such periodic reports as it may request pertaining to the work or services undertaken pursuant to this Agreement, the costs and obligations incurred or to be incurred in connection therewith, and any other matters are covered by this Agreement as specified in Exhibit A and Exhibit E.

  • 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.

  • Use of Contract Documents and Information 3.5.1 The tenderer shall not, without the Procuring entity’s prior written consent, disclose the Contract, or any provision therefore, or any specification, plan, drawing, pattern, sample, or information furnished by or on behalf of the Procuring entity in connection therewith, to any person other than a person employed by the tenderer in the performance of the Contract.

  • 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.

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