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: Lump Sum Turnkey Agreement, Lump Sum Turnkey Agreement (Sabine Pass Liquefaction, LLC), Lump Sum Turnkey 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: Fixed Price Separated Turnkey Agreement (Cheniere Corpus Christi Holdings, LLC), Fixed Price Separated Turnkey Agreement (Corpus Christi Pipeline GP, LLC), Fixed Price Separated Turnkey Agreement (Cheniere Energy Inc)
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: Lump Sum Turnkey Agreement (Cheniere Energy Partners, L.P.), Lump Sum Turnkey Agreement (Cheniere Energy Partners, L.P.)
