Uninsurable Risks. 9.1 The provisions of this paragraph 9 apply if the Building or a substantial part of it (whether or not directly affecting the Premises) is destroyed or damaged by an Uninsurable Risk so as to make the continued use of the Premises impracticable.
Uninsurable Risks. If during the Concession Period, any risk which has been previously insured becomes un- insurable due to the fact that the insurers have ceased to insure such a risk and therefore insurance cannot be maintained/ re-instated in respect of such risk, the Concessionaire shall not be deemed to be in breach of its obligations regarding insurance under this Agreement.
Uninsurable Risks. 16.2.1 If a risk usually covered by the Project Insurances in Part [y] of Schedule 18, becomes Uninsurable, then the Facility Operator shall notify TNPA within [3 (three)] days of that risk becoming Uninsurable.
Uninsurable Risks. 35.12 Project Co shall notify the Trust of any risk becoming an Uninsurable Risk within 5 Business Days of becoming aware of the same and, in any event, at least 30 Business Days before the expiry of any existing insurance in respect of such risk.
Uninsurable Risks. Nothing in this Part X (Insurance) shall oblige the Contractor to take out insurance in respect of a risk which is Uninsurable save where the predominant cause of the risk being Uninsurable is any act(s) or omission(s) of the Contractor or a Contractor Related Party.
Uninsurable Risks. 43.1. If a risk usually covered by the Concession Insurances in Schedule 14 (Concession Insurances) becomes Uninsurable, then the Concessionaire shall notify Transnet within 14 (fourteen) days of the risk becoming Uninsurable or the Concessionaire becoming aware that such risk shall become Uninsurable on the renewal of any Concession Insurance. Such notice shall include the Concessionaire’s proposals on what it reasonably considers appropriate to manage, mitigate and control the Uninsurable risk.
Uninsurable Risks. Nothing in clause 57 (Insurance) or this clause 59 (Risks that become Uninsurable) shall oblige the Contractor to take out insurance in respect of a risk which is Uninsurable save where the predominant cause of the risk being Uninsurable is any act(s) or omission(s) of the Contractor or a Contractor Related Party.
Uninsurable Risks. The parties agree that:
Uninsurable Risks. In this clause 17.11 “
Uninsurable Risks. In the course of exploration, development, and production from mineral properties, certain unexpected events may occur. It is not always possible to fully insure against such events and the Company may decide not to take out insurance against such events as a result of high premiums or other reasons. Should such liabilities arise, they could reduce or eliminate any future profitability and result in increasing costs and a decline in the value of the securities of the Company. The Company has implemented comprehensive safety and environmental measures designed to comply with or exceed government regulations and ensure safe, reliable and efficient operations in all phases of its operations. The Company maintains liability and property insurance, where reasonably available, in such amount as it considers prudent. The Company may become subject to liability for hazards against which it cannot insure or which it may elect not to insure against because of high premium costs or other reasons.
