Common use of Reimbursement Events Clause in Contracts

Reimbursement Events. (a) In this Section 19.5, a “Reimbursement Event” means: (i) an act or omission of Project Co or any Project Co Party or a breach of any obligation under this Project Agreement, but only to the extent such act, omission or breach is caused by Owner or an Owner Party; or (ii) an Emergency that is not caused by an act or omission of Project Co or any Project Co Party. (b) If Owner either takes steps itself or requires Project Co to take steps in accordance with this Article 19 as a result of a Reimbursement Event: (i) Owner shall reimburse Project Co for the reasonable costs and expenses incurred by Project Co in relation to the exercise of Owner’s rights pursuant to this Article 19 that would not otherwise have been incurred by Project Co in the proper performance of its obligations under this Project Agreement; and (ii) Owner shall bear all costs and expenses incurred by Owner in relation to the exercise of Owner’s rights pursuant to this Article 19.

Reimbursement Events. (a) In this Section 19.5, a “Reimbursement Event” means: (i) an act or omission of Project Co or any Project Co Party or a breach of any obligation under this Project Agreement, but only to the extent such act, omission or breach is caused by Owner or an Owner Party; or (ii) an Emergency that is not caused by an act or omission of Project Co or any Project Co Party. (b) If Owner either takes steps itself or requires Project Co to take steps in accordance with this Article 19 as a result of a Reimbursement Event: (i) Owner shall reimburse Project Co for the reasonable costs and expenses incurred by Project Co in relation to the exercise of Owner’s Owner‟s rights pursuant to this Article 19 that would not otherwise have been incurred by Project Co in the proper performance of its obligations under this Project Agreement; and (ii) Owner shall bear all costs and expenses incurred by Owner in relation to the exercise of Owner’s Owner‟s rights pursuant to this Article 19.