Common use of Machinery Breakdown Clause in Contracts

Machinery Breakdown. Cover: All machinery, plant, boilers and ancillary equipment forming part of the Facility against accidental sudden and unforeseen physical loss or damage resulting from mechanical and electrical breakdown or derangement, explosion or collapse of boilers and pressure vessels, electrical short circuits, vibration, misalignment, excessive current or voltage, abnormal stresses, centrifugal forces, failure of protective regulating devices, overheating, entry of foreign bodies, impact, collision and other similar causes. Sum insured: Full reinstatement values with a limit of indemnity per event equal to the maximum probable loss (as determined in accordance with Prudent Electricity Utility Practice). Deductible: Gas Turbine - $1.5m. Steam Turbine/HRSG Transformers - $750,000 All other losses - $250,000 Insured: The Customer, the Company, its employees, Electricity Supply Board (ESB) and where requested by the Company its agents, contractors and sub-contractors. Review: On the Operational Date, and on each anniversary thereof, to reflect an appropriate sum insured in accordance with Prudent Electricity Utility Practice. SCHEDULE 7A Connection Charge Bond to be provided by a Bank or Financial Institution To: EirGrid plc. [Date] Xxxxx Xxxxxxxxxxx Xxxxxx Xxxxxx 0 Xxxxxxxx xx Xxxxxxx Dear Sirs Connection Charge Bond Issued pursuant to the Connection Agreement in the amount of €[ ] Under the Connection Agreement for a Facility at [ ] between EirGrid plc. (the “Company”) which includes its legal successors and any person to whom the Company assigns or transfers all its rights and obligations under the Connection Agreement and [ ] (the "Customer"), which expression includes its legal successors and any person to whom the Customer assigns or transfers all its rights and obligations under the Connection Agreement) it was agreed that the Customer will procure the issue of a Connection Charge Bond in favour of the Company in the form of this document. [ ] (the "Issuer") issues this Connection Charge Bond, number [ ], and irrevocably and unconditionally agrees as follows:

Machinery Breakdown. Cover: All machinery, plant, boilers and ancillary equipment forming part of the Facility against accidental sudden and unforeseen physical loss or damage resulting from mechanical and electrical breakdown or derangement, explosion or collapse of boilers and pressure vessels, electrical short circuits, vibration, misalignment, excessive current or voltage, abnormal stresses, centrifugal forces, failure of protective regulating devices, overheating, entry of foreign bodies, impact, collision and other similar causes. Sum insured: Full reinstatement values with a limit of indemnity per event equal to the maximum probable loss (as determined in accordance with Prudent Electricity Utility Practice). Deductible: Gas Turbine - $1.5m. Steam Turbine/HRSG Transformers - $750,000 All other losses - $250,000 Insured: The Customer, the Company, its employees, Electricity Supply Board (ESB) and where requested by the Company its agents, contractors and sub-contractors. Review: On the Operational Date, and on each anniversary thereof, to reflect an appropriate sum insured in accordance with Prudent Electricity Utility Practice. SCHEDULE 7A Connection Charge Bond to be provided by a Bank or Financial Institution To: EirGrid plc. [Date] Xxxxx Xxxxxxxxxxx Lower Fitzwilliam Xxxxxx Xxxxxx 0 Xxxxxxxx xx Xxxxxxx Republic of Ireland Dear Sirs Connection Charge Bond Issued pursuant to the Connection Agreement in the amount of €[ ] Under the Connection Agreement for a Facility at [ ] between EirGrid plc. (the “Company”) which includes its legal successors and any person to whom the Company assigns or transfers all its rights and obligations under the Connection Agreement and [ ] (the "Customer"), which expression includes its legal successors and any person to whom the Customer assigns or transfers all its rights and obligations under the Connection Agreement) it was agreed that the Customer will procure the issue of a Connection Charge Bond in favour of the Company in the form of this document. [ ] (the "Issuer") issues this Connection Charge Bond, number [ ], and irrevocably and unconditionally agrees as follows:

Machinery Breakdown. Cover: All machinery, plant, boilers and ancillary equipment forming part of the Facility against accidental sudden and unforeseen physical loss or damage resulting from mechanical and electrical breakdown or derangement, explosion or collapse of boilers and pressure vessels, electrical short circuits, vibration, misalignment, excessive current or voltage, abnormal stresses, centrifugal forces, failure of protective regulating devices, overheating, entry of foreign bodies, impact, collision and other similar causes. Sum insured: Full reinstatement values with a limit of indemnity per event equal to the maximum probable loss (as determined in accordance with Prudent Electricity Utility Practice). Deductible: Gas Turbine - $1.5m. Steam Turbine/HRSG Transformers - $750,000 All other losses - $250,000 Insured: The Customer, the Company, its employees, Electricity Supply Board (ESB) and where requested by the Company its agents, contractors and sub-contractors. Review: On the Operational Date, and on each anniversary thereof, to reflect an appropriate sum insured in accordance with Prudent Electricity Utility Practice. SCHEDULE 7A Connection Charge Bond to be provided by a Bank or Financial Institution To: EirGrid plc. [Date] Xxxxx The Oval 000 Xxxxxxxxxx Xxxx Xxxxxxxxxxx Xxxxxx Xxxxxx 0 Xxxxxxxx xx Xxxxxxx of Ireland Dear Sirs Connection Charge Bond Issued pursuant to the Connection Agreement in the amount of €[ ] Under the Connection Agreement for a Facility at [ ] between EirGrid plc. (the “CompanyCompanyBeneficiary”) which includes its legal successors and any person to whom the Company Beneficiary assigns or transfers all its rights and obligations under the Connection Agreement and [ ] (the "CustomerCustomerApplicant"), which expression includes its legal successors and any person to whom the Customer Applicant assigns or transfers all its rights and obligations under the Connection Agreement) it was agreed that the Customer Applicant will procure the issue of a Connection Charge Bond in favour of the Company Beneficiary in the form of this document. [ ] with its registered place of business at [ ] (the "Issuer") issues this Connection Charge Bond, number [ ], and irrevocably and unconditionally agrees as follows: