Common use of Loss Due to Casualty Clause in Contracts

Loss Due to Casualty. If any part of the Project is damaged, destroyed or rendered inoperable, whether by an event of Force Majeure or otherwise (“Casualty Loss”), Owner shall be required to repair, restore or reconstruct the Project, as applicable. Any failure to do so shall constitute an Event of Default.

Appears in 9 contracts

Samples: Energy Storage Services Agreement, Storage Services Agreement, Storage Services Agreement

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Loss Due to Casualty. If any part of the Project is damaged, destroyed or rendered inoperable, whether by an event of Force Majeure or otherwise (“Casualty Loss”), Owner shall be required to repair, restore or reconstruct the Project, as applicable. Any failure to do so shall constitute an Event of Default.Default.‌

Appears in 2 contracts

Samples: Storage Services Agreement, Storage Services Agreement

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