Common use of No Liability for Other Losses Clause in Contracts

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. 8.4.1 (a) Save and except as expressly provided in this AgreementClause 19, neither no Party shall be liable in any manner whatsoever to the other Party Parties 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 partClause 19. 8.4.2 (b) If a Political Force Majeure Event occursoccurs prior to the Project COD, then the Authority shall compensate the Concessionaire Project SPV for any reasonable and proper costs directly incurred as a result of such Political Force Majeure Event Event, after deducting the proceeds of the 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. 8.4.1 17.4.1. Save and except as expressly provided in this AgreementClause 17, neither no Party shall be liable in any manner whatsoever to the other Party Parties 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 partClause 17. 8.4.2 17.4.2. If a Political Force Majeure Event occursoccurs prior to the Project COD, then the Authority shall compensate the Concessionaire for any reasonable and proper costs directly incurred as a result of such Political Force Majeure Event Event, after deducting the proceeds of the 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.