No Breach of Insurance Obligation. If during the Concession Period, any risk which has been previously insured becomes un-insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / re-instated in respect of such risk, Concessionaire shall not be in breach of its obligations regarding insurance under this Agreement.
Appears in 3 contracts
Samples: Draft Concession Agreement, Model Concession Agreement, Model Concession Agreement
No Breach of Insurance Obligation. 24.8.1 If during the Concession Period, any risk which has been previously insured becomes un-insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / re-instated in respect of such risk, Concessionaire shall not be in breach of its obligations regarding insurance under this Agreement.
Appears in 2 contracts
No Breach of Insurance Obligation. If during the Concession PeriodTerm, any risk which has been previously insured becomes un-insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / re-instated in respect of such risk, Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Appears in 2 contracts
Samples: Project Implementation Agreement, Project Implementation Agreement
No Breach of Insurance Obligation. If during the Concession Period, any risk which has been previously insured becomes un-insurable uninsurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / re-instated in respect of such risk, Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
No Breach of Insurance Obligation. If during the Concession Period, any risk which has been previously insured becomes un-insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / re-instated in respect of such risk, Concessionaire shall not be in breach of its obligations regarding insurance under this Agreement.
Appears in 1 contract
Samples: Model Concession Agreement
No Breach of Insurance Obligation. If during the Concession Period, any risk which has been previously insured becomes un-un- insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / maintained/ re-instated in respect of such risk, the Concessionaire shall not be in breach of its obligations regarding insurance under this Agreement.
Appears in 1 contract
Samples: Concession Agreement
No Breach of Insurance Obligation. If during the Concession PeriodTerm, any risk which has been previously insured becomes un-insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained / maintained/re-instated in respect of such risk, Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Appears in 1 contract
Samples: Concession Agreement
