Major Casualty Event Sample Clauses

Major Casualty Event. (a) Within 21 days of the occurrence of any Major Casualty Event in respect of its Vessel, submit to the Intercreditor Agent for approval by the Intercreditor Agent a reasonably detailed written proposal in respect of the repair of its Vessel following such Major Casualty Event (a “Repair Plan”). In determining whether to approve such plan the Intercreditor Agent shall give due regard to any off-hire or loss of earnings insurance that may be payable in respect of the relevant Major Casualty Event.
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Major Casualty Event. Major Casualty Event If a Major Casualty Event occurs, then Project Operator must provide to the Commonwealth either:
Major Casualty Event. If a Major Casualty Event occurs, then LTES Operator must provide SFV with either:
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