Catastrophic Loss means any loss due to mine subsidence, fire,
Catastrophic Loss means two or more Losses, as defined, excluding the Loss of a finger, thumb or toe or any combination thereof. Loss of speech is considered catastrophic without an accompanying Loss.
Catastrophic Loss means any loss of Crude Oil resulting from a spill, fire, explosion or other casualty loss.
Examples of Catastrophic Loss in a sentence
The system also pays the full premium for extended coverage under the Catastrophic Loss Fund of Pennsylvania.
Catastrophic Loss of Active Bus Fleet – A sudden unanticipated decrease in the availability of buses in the active bus fleet could require that buses in the contingency fleet be placed back into service.
The second piece of the VN architecture addresses comparison statistics of first order retrieved parameters such as the probability distribution of rainfall rate and integrated rainfall accumulation.
All loss of, damage to or contamination of Crude Oil while in the custody of the Terminal or occurring during the receipt, handling, storage or delivery of Crude Oil at the Terminal, including any casualty or other spillage shall be for Coffeyville’s account, except that any Catastrophic Loss shall be for Supplier’s account.
Conversely, any Catastrophic Loss of Crude Oil occurring on or after the passage of risk of loss shall be for Coffeyville’s account.
More Definitions of Catastrophic Loss
Catastrophic Loss means an Event of Loss with respect to the Pipeline for which the total Loss Proceeds payable in respect of the lost or damaged Property are greater than $100,000,000.
Catastrophic Loss means an event designated as a catastrophe by the property claims service, or an equivalent organization as determined by the superintendent, or any successor organization and covering losses related to a natural event including wind, hail, hurricane, earthquake, winter storms (snow, ice, freezing), fire, tsunami, or flood.
Catastrophic Loss means direct loss of non-deployed gear in the event of a vessel being destroyed due to fire, capsizing, or sinking. Documentation of a catastrophic loss may include any information the Department considers appropriate, such as fire department or US Coast Guard reports.¶
Catastrophic Loss means any loss resulting from a spill of Crude Oil from any vessel chartered pursuant to this Agreement.
Catastrophic Loss means a loss that arose from a natural disaster,
Catastrophic Loss means any Casualty Event with respect to the Project for which the replacement value of the lost or damaged Property (as determined by the Executive Committee of the Partnership reasonably and in good faith) is greater than the greater of (x) 10% of the gross book value of the Partnership's plant, property and equipment, taken as a whole, and (y) $100,000,000, as Escalated.
Catastrophic Loss means any loss of Crude Oil resulting from a spill, fire, explosion or other casualty loss. “Coffeyville” has the meaning set forth in the preamble of this Agreement. “Coffeyville Guaranty” means the guaranty issued by Coffeyville’s parent entity, CVR Energy, Inc., in the form attached hereto as Exhibit B. “Coffeyville’s Operational Rights” means Coffeyville’s rights and remedies with respect to the movement and purchase of Crude Oil after an Event of Default by Vitol, which shall include the right (i) to store Crude Oil in the Designated Tanks and (ii) to instruct Pipeline Operators and Terminal Operators with respect to the delivery of Crude Oil to the Refinery. “Commencement Date” means December 31, 2008 or such other date as is mutually agreed by the Parties. “Confirmation” means a written communication confirming the terms of a Third Party Contract between Vitol and a Counterparty, for the sale or exchange of Crude Oil, which shall specify the price, volume, grade, quality, quantity, exchange terms (if applicable) delivery point, date of delivery, identity of the Counterparty and payment and performance terms. “Contract Price” shall mean the purchase price for Crude Oil specified in a Third Party Contract. “Counterparty” means, with respect to a Third Party Contract, the third party suppliers of Crude Oil to be purchased by Vitol and sold to Coffeyville pursuant to the terms hereof. “Cover Exposure” has the meaning set forth in Section 14.4. “CRCT” means Coffeyville Resources Crude Transportation, LLC, an Affiliate of Coffeyville. “Crude Oil” means all crude oil that Vitol purchases for sale to Coffeyville or for which Vitol assumes the payment obligation pursuant to this Agreement. Crude Oil does not, however, include Gathered Crude. “Crude Oil Gains and Losses” means any difference (positive or negative) for a stated period between the volume of Crude Oil purchased by Vitol from one or more Counterparties and the corresponding volume that is actually delivered to Coffeyville at the Delivery Point, which results from in-transit gains and losses, excluding any