Procedure upon Loss or Damage Sample Clauses

Procedure upon Loss or Damage. If loss of or damage to any part of the Works or a Stage occurs whilst the Contractor bears the risk of loss of or damage to the Works or the Stage under clause 5.1: the Contractor must: make the Works or the Stage and the Site safe and secure; notify the relevant insurers and comply with any reasonable instructions from the insurer(s); and promptly consult with the Contract Administrator to discuss the steps to be taken to: comply with its obligations under clause 5.3; and ensure that, to the greatest extent possible, the Contractor continues to comply with its other obligations under the Contract; and upon settlement of a claim under the Construction Risks Insurance relating to this loss or damage, the amount of money received from this insurance (excluding any amount provided for the fees of any of the Commonwealth's consultants) will: be paid to the Contractor in accordance with the procedure in clauses 12.2 - 12.5 as and when the Contractor replaces, makes good or repairs the loss of or damage to the Works or the Stage; and be the limit of the Contractor's entitlement to payment for the replacement, making good or repair of the loss or damage to the Works or the Stage. Cross Liability Clause 5.9 does not apply to Professional Indemnity Insurance, Errors and Omissions Insurance or Workers Compensation Insurance. Where the Contract requires insurance to provide cover to more than one insured, the Contractor must ensure that, to the extent permitted by law, the insurance policy provides that: the insurer agrees to treat each insured as a separate insured as though a separate contract of insurance had been entered into with each insured, without increasing the deductibles or reducing the overall limit of indemnity; the insurer will not impute to any insured any knowledge or intention or a state of mind possessed or allegedly possessed by any other insured; the insurer waives all rights, remedies or relief to which it might become entitled by subrogation against any of the parties to whom the benefit of insurance cover extends and that failure by any insured to observe and fulfil the terms of the policy will not prejudice the insurance in regard to any other insured; a notice to the insurer by one insured will be deemed to be notice on behalf of all insureds; and the insurer agrees not to reduce or exclude the insurance cover of an insured because the: liability of the insured is limited by the operation of the proportionate liability legislation of any Au...
AutoNDA by SimpleDocs
Procedure upon Loss or Damage. If loss of or damage to any part of the Works or a Stage occurs whilst the Contractor bears the risk of loss of or damage to the Works or the Stage under clause 5.1: the Contractor must: make the Works or the Stage and the Site safe and secure; notify the relevant insurers and comply with their instructions; and promptly consult with the Contract Administrator to discuss the steps to be taken to: comply with its obligations under clause 5.3; and ensure that, to the greatest extent possible, the Contractor continues to comply with its other obligations under the Contract; and upon settlement of a claim under the Construction Risks Insurance relating to this loss or damage, the amount of money received from this insurance (excluding any amount provided for the fees of any of the Commonwealth's consultants) will: be paid to the Contractor in accordance with the procedure in clauses 12.2 - 12.5 as and when the Contractor replaces, makes good or repairs the loss of or damage to the Works or the Stage; and be the limit of the Contractor's entitlement to payment for the replacement, making good or repair of the loss or damage to the Works or the Stage. Cross Liability Clause 5.9 does not apply to Professional Indemnity Insurance, Errors and Omissions Insurance or Workers Compensation Insurance. Where the Contract requires insurance to provide cover to more than one insured, the Contractor must ensure that the insurance policy provides that: the insurance (with the exception of limits of liability) will operate in the same manner as if there were a separate policy of insurance covering each named insured; the insurer waives all rights, remedies or relief to which it might become entitled by subrogation against any of the parties to whom coverage extends and that failure by any insured to observe and fulfil the terms of the policy will not prejudice the insurance in regard to any other insured; and a notice to the insurer by one insured will be deemed to be notice on behalf of all insureds.
Procedure upon Loss or Damage. If loss of or damage to any part of the Subcontract Works or a Stage occurs whilst the Subcontractor bears the risk of loss of or damage to the Subcontract Works or the Stage under clause 5.1: the Subcontractor must: make the Subcontract Works or the Stage and the Site safe and secure; notify the relevant insurers and comply with their instructions; and promptly consult with the Contractor’s Representative to discuss the steps to be taken to: comply with its obligations under clause 5.3; and ensure that, to the greatest extent possible, the Subcontractor continues to comply with its other obligations under the Subcontract; and upon settlement of a claim under the Construction Risks Insurance relating to this loss or damage, the amount of money received from this insurance (excluding any amount provided for the fees of any of the Contractor’s consultants) will: be paid to the Subcontractor in accordance with the procedure in clauses 12.2 - 12.5 as and when the Subcontractor replaces, makes good or repairs the loss of or damage to the Subcontract Works or the Stage; and be the limit of the Subcontractor’s entitlement to payment for the replacement, making good or repair of the loss or damage to the Subcontract Works or the Stage. Cross Liability Clause 5.10 does not apply to Professional Indemnity Insurance, Errors and Omissions Insurance or Workers Compensation Insurance. Where the Subcontract requires insurance to provide cover to more than one insured, the Subcontractor must ensure that the insurance policy provides that: the insurance (with the exception of limits of liability) will operate in the same manner as if there were a separate policy of insurance covering each named insured; the insurer waives all rights, remedies or relief to which it might become entitled by subrogation against any of the parties to whom coverage extends and that failure by any insured to observe and fulfil the terms of the policy will not prejudice the insurance in regard to any other insured; and a notice to the insurer by one insured will be deemed to be notice on behalf of all insureds.
Procedure upon Loss or Damage. If loss or damage to any part of the Capital Works or a Stage occurs You must:

Related to Procedure upon Loss or Damage

  • Compensation for Damage or Loss (1) When investments made by investors of either Contracting Party suffer damage or loss owing to war or other armed conflict, a state of national emergency, revolt, civil disturbances, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party, treatment, as regards restitution, indemnification, compensation or other settlement, not less favourable than that the latter Contracting Party accords to its own investors or investors of any third state, whichever is the most favourable.

  • Loss or Damage Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.

  • Liability for loss or damage Subject to the provisions of the Occupiers Liability Act 1957 and the Defective Premises Act 1972, we shall not in any circumstances incur any liability in respect of loss or damage to any person or property or otherwise, unless the loss or damage was caused by our negligence.

  • DATA LOSS The Company does not accept responsibility for the security of Your account or content. You agree that Your use of the Website or Services is at Your own risk.

  • RESPONDENT LIABILITY FOR DAMAGE TO GOVERNMENT PROPERTY The Respondent shall be liable for all damages to government-owned, leased, or occupied property and equipment caused by the Respondent and its employees, agents, subcontractors, and suppliers, including any delivery or cartage company, in connection with any performance pursuant to the Contract. The Respondent shall notify the City of Xxxxxx Procurement Manager in writing of any such damage within one (1) calendar day.

  • OUR RESPONSIBILITY FOR LOSS OR DAMAGE SUFFERED BY YOU 14.1 We are responsible to you for foreseeable loss and damage caused by us. If we fail to comply with this Agreement, we are responsible for loss or damage you suffer that is a foreseeable result of our breaking this Agreement or our failure to use reasonable care and skill, but we are not responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it will happen, or if, at the time the Agreement is made, both we and you knew it might happen. We are not responsible for any loss or damage you suffer which is a result of you breaking this Agreement or you acting fraudulently.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.

  • Claims for Consequential Damages The Owner retains its right to claim for consequential damages in the event the Design Professional fails to perform under this Contract.

  • LOST, STOLEN OR DAMAGED CARDS If the Cardmember loses the Card or if the Card is damaged or stolen or if the PIN became available to any other persons, the Cardmember must immediately inform AEME by telephone. In addition, the Cardmember shall provide AEME with a written notification within 3 days from the date of the occurrence of any of the above listed events, as per applicable laws. All notices pursuant to this article must be sent to the following address: AMEX (Middle East) B.S.C. (c), P.O. Box 5990, Manama, Kingdom of Bahrain. Or facsimile number: (+000) 00 000000. To inform AEME by phone, call the number indicated in the Cardmember Additional Information Leaflet. If AEME is duly informed in the manner described above the Cardmember shall not be liable for any Charges made on his or her Card by any third parties after the Card has been reported lost or stolen. Failure to comply with the provisions of this article will render the Cardmember liable for all Transactions made on his or her lost or stolen Card until the time the Card is reported as lost or stolen to AEME. However, the Cardmember shall at all times be fully liable for all Charges including Cash Withdrawals even if these Charges were made by third parties if these third parties gained possession of the Card or any Supplementary Card or the PIN with the knowledge, permission, approval or other acts of the Cardmember or any Supplementary Cardmember or because of their negligence. If the Card is found after it was reported lost or stolen, the Cardmember may not use or attempt to use the Card at issue and shall immediately inform AEME which will take the appropriate action.

  • Liability for other losses, damages etc Save and except as expressly provided in this Article, neither Party hereto shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, cost, expense, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure Event.

Time is Money Join Law Insider Premium to draft better contracts faster.