No Liability for Other Losses. Save as otherwise provided in this Agreement, no Party shall be liable in any manner, whatsoever, to the other Parties in respect of any loss relating to or arising out of the occurrence or existence of any Force Majeure Event.
No Liability for Other Losses. 8.4.1 Save and except as expressly provided in this Agreement, neither Party shall be liable in any manner whatsoever to the other Party in respect of any Loss relating to or arising out of the occurrence or existence of any Force Majeure Event or the exercise by it of any right pursuant to this part.
8.4.2 If a Political Force Majeure Event occurs, then the Authority shall compensate the Concessionaire for any reasonable and proper costs directly incurred as a result of such Political Force Majeure Event after deducting the proceeds of insurance received. This obligation to compensate shall continue only for the period that the Political Force Majeure Event subsists, provided that this obligation shall not exceed 90 (Ninety) Days from the date of issuance of the FM Notice.
No Liability for Other Losses. Save and except as expressly provided in this Clause 8 no Party shall be liable in any manner whatsoever to the other Party in respect of any Loss relating to or arising out of the occurrence or existence of any Force Majeure Event or the exercise by it of any right pursuant to this Clause 8.
No Liability for Other Losses. Save and except as expressly provided in this Agreement, no Party shall be liable in any manner whatsoever to the other Party in respect of any loss relating to or arising out of the occurrence or existence of any Force Majeure Event or the exercise by it of any right pursuant to this Clause 15 (Force Majeure) above. If a Change in Law (other than a Frustrating Change in Law) occurs and either Party believes that such Change in Law has or will result in Costs or Savings, such Party shall promptly deliver to the other Party a notice identifying such Change in Law and demonstrating the net amount of Costs or Savings that have resulted from or can reasonably be expected to result from such Change in Law. The Project Company shall use reasonable endeavours to minimise such Costs or maximise such Savings in accordance with the standards of a Reasonable and Prudent Operator . Not later than ten (10) Business Days following receipt of a notice of a Change in Law, the Parties shall meet to discuss the subject matter of the notice. If either Party disputes any of the contents of the notice and such dispute is not resolved within ten (10) Business Days from the commencement of the discussions, such dispute shall be resolved in accordance with the provisions of Clause 22 (Governing Law and Dispute Resolution).. Neither Party shall be entitled to assert any claim for Costs or Savings unless the absolute value of all claims of such Party for Costs or Savings exceeds in aggregate, the Costs or Savings Threshold and thereafter all claims of such Party in respect of a Change in Law may be asserted. The Buyer acknowledges that with respect to any Costs or Savings that have or will result from a Change in Law under the Implementation Agreement, the Project Company may agree with the Government or have determined pursuant to the Implementation Agreement an increase or decrease to the Energy Charge and Deemed Energy Payment as applicable, the effect of which is to place the Project Company in the same overall financial position as it would have been in had the Change in Law not occurred. For the avoidance of doubt, the Project Company shall not be entitled to such further relief under the PPA, where relief has been provided under the Implementation Agreement. This Agreement shall be amended to reflect any increase or decrease to the Energy Charge and Deemed Energy Payment agreed or determined between the Project Company and the Government under the Implementation Agreement wi...
No Liability for Other Losses damages, etc
