Common use of Total Destruction Clause in Contracts

Total Destruction. The situation, not attributable to either of the Parties, occurring due to any force majeure event or act of God that causes damages to the Project estimated at the higher of the following: a) Thirty percent (30%) of its new replacement value; or b) The maximum probable loss (MPL) referred to in Clause 7.2, Item b).

Total Destruction. The situationThat situation entailed by any cause that produces damage to the Project, not attributable to either any of the Partiesparties, occurring due to any force majeure event or act of God that causes damages to the Project estimated at the higher of the followinggreater of: a(A) Thirty thirty percent (30%) of its new replacement value; value carried forward, or b(B) The the maximum probable loss (MPLPMP, in Spanish) referred to in Clause 7.2, Item b)7.2.b.

Total Destruction. The situationA situation caused by any reason that may cause damage to the project, not attributable to either any of the Partiesparties, occurring due to any force majeure event or act of God that causes damages to the Project estimated at the higher of the followingin more than: (a) Thirty thirty percent (30%) of its new replacement value; , or (b) The maximum probable loss (MPL) referred to in Clause 7.2, Item b)7.2.b.