Operation by Owner. Upon Owner’s election to take care, custody and control of a Subproject in accordance with Section 11.4, Owner has the right to operate such Subproject. Owner shall bear the risk of physical loss and damage to the Work and the Project as provided in Article 8.
Appears in 10 contracts
Samples: Escrow Agreement, Escrow Agreement (Sabine Pass Liquefaction, LLC), Escrow Agreement (Sabine Pass Liquefaction, LLC)
Operation by Owner. Upon Owner’s election to take care, custody and control of a Subproject 3 in accordance with Section 11.4, Owner has the right to operate such SubprojectSubproject 3. Owner shall bear the risk of physical loss and damage to the Work and the Project as provided in Article 8.
Appears in 4 contracts
Samples: Procurement and Construction Agreement (Cheniere Corpus Christi Holdings, LLC), Procurement and Construction Agreement (Cheniere Energy Inc), Procurement and Construction Agreement (Corpus Christi Pipeline GP, LLC)
Operation by Owner. Upon Owner’s election to take care, custody and control of a Subproject 5 in accordance with Section 11.4, Owner has the right to operate such SubprojectSubproject 5. Owner shall bear the risk of physical loss and damage to the Work and the Project as provided in Article 8.
Appears in 2 contracts
Samples: Escrow Agreement (Cheniere Energy Partners, L.P.), Escrow Agreement (Cheniere Energy Partners, L.P.)
