Uninsurable Risk Sample Clauses

Uninsurable Risk. 43.1 Insurance is no longer available from a reputable insurer if a risk usually covered by the Project Insurances in Schedule 11: Project Insurances, becomes Uninsurable. The Private Party shall notify the Municipality within thirty (30) days of the risk becoming Uninsurable.
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Uninsurable Risk. In the event the cause of the damage or destruction is by a risk which is or was uninsurable, then Contractor shall have the same responsibility to provide the funds necessary to pay the cost of the work as set forth in this Section.
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Uninsurable Risk. If the event which gave rise to the loss or damage to the Relevant Infrastructure is an Uninsurable Risk to which Section 41.3 applies, MDOT will cover the costs and liabilities of Project Company in accordance with that Section.
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Uninsurable Risk. (a) If a risk is an Uninsurable Risk then:
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Uninsurable Risk. In the event of an Uninsurable Risk, it shall be subject to agreement negotiations between the Parties.
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Related to Uninsurable Risk

  • General Liability and Property Damage With respect to all operations performed under this Agreement, the Party shall carry general liability insurance having all major divisions of coverage including, but not limited to: Premises - Operations

  • Personal Property Damage Upon submission of reasonable proof the Employer shall repair or indemnify with respect to damage to the chattels of an employee while on duty caused by the actions of a patient, resident or client provided such personal property is an article of use or wear of a type suitable for use while on duty.

  • TITLE & RISK OF LOSS Title to and risk of loss of the deliverables shall pass to the City only when the City actually receives and accepts the deliverables.

  • The General Liability and Property Damage coverages required for performance of this Agreement shall include the State of Vermont and its agencies, departments, officers and employees as Additional Insureds. If performance of this Agreement involves construction, or the transport of persons or hazardous materials, then the required Automotive Liability coverage shall include the State of Vermont and its agencies, departments, officers and employees as Additional Insureds. Coverage shall be primary and non-contributory with any other insurance and self-insurance.

  • Contamination The presence in, on or under land, air or water of a substance (whether a solid, liquid, gas, odour, heat, sound, vibration or radiation) at a concentration above the concentration at which the substance is normally present in, on or under land, air or water in the same locality, that presents a risk of Environmental Harm, including harm to human health or any other aspect of the Environment, or could otherwise give rise to a risk of non-compliance with any Statutory Requirement for the protection of the Environment.

  • Insurance, Subcontractor's Public Liability and Property Damage The Contractor shall require each of its subcontractors to secure and maintain during the life of the subcontract, insurance of the type specified in this Contract, or, the Contractor may insure the activities of its subcontractors in the Contractor’s policy, as specified in this Contract.

  • Insurable Interest To the extent that Purchaser may have any equitable or insurable interest in the Property, Purchaser will take appropriate steps to protect the same. Notwithstanding the foregoing, should the Property be damaged by calamity after the date hereof, but before Closing, Seller, may, at the Seller’s sole option, declare this Agreement null and void, and, on the return of the Deposit to Purchaser, the parties shall have no further liability to each other.

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