Not Covered Events Sample Clauses

Not Covered Events. Losses, damages and liabilities not covered by the aforementioned insurance policies, or lack of coverage will be provided by the CONCESSIONAIRE, who will be solely liable against the GRANTOR for any loss or damage caused. In case of force majeure or fortuitous event the CONCESSIONAIRE responsibility will be for the total amount insured. The amount to be secured in each of the above policies will be determined by the CONCESSIONAIRE at a level sufficient to cover the damage according to each type of policy. The CONCESSIONAIRE shall be responsible for the balance not covered by the hired insurance, in the event that any claim on his part exceeds the sum insured, relieving of liability to the GRANTOR. The copies of the final hired policies must be delivered to the REGULATOR according to the following terms and deadlines:
Sample 1
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Related to Not Covered Events

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Events If either Party hereto is at any time either during this Agreement or thereafter prevented or delayed in complying with any provisions of this Agreement by reason of strikes, walk-outs, labour shortages, power shortages, fires, wars, acts of God, earthquakes, storms, floods, explosions, accidents, protests or demonstrations by environmental lobbyists or native rights groups, delays in transportation, breakdown of machinery, inability to obtain necessary materials in the open market, unavailability of equipment, governmental regulations restricting normal operations, shipping delays or any other reason or reasons beyond the control of that Party, then the time limited for the performance by that Party of its respective obligations hereunder shall be extended by a period of time equal in length to the period of each such prevention or delay.

  • Compensation Events 44.1 The following are Compensation Events unless they are caused by the Contractor:

  • Train Operator Events of Default The following are Train Operator Events of Default:

  • ADJUSTMENT OF THE FRAMEWORK PRICES 4.1 The Framework Prices shall only be varied:

  • Uncontrollable Events BISYS assumes no responsibility hereunder, and shall not be liable for any damage, loss of data, delay or any other loss whatsoever caused by events beyond its reasonable control.

  • Other Events There occurs any other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or any successor rule) (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below), whether or not the Company is then subject to such reporting requirement.

  • Developer Event of Default Any of the following events shall constitute an event of default by the Developer ("Developer Event of Default") unless such event has occurred as a result of a Force Majeure Event or the Authority Event of Default or any governmental action for reasons other than any breach, default or lapse on the part of the Developer:

  • Performance Default and Remedies Subsection B. DEFAULT AND REMEDIES, second paragraph of the Contract is modified as follows (underlined language is added and stricken language is deleted): “Written notice of default and a reasonable 30-day opportunity to cure must be issued by the party claiming default.”

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

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