Excepted Risk definition

Excepted Risk means any one of:
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Excepted Risk has the meaning given in the Works Coordination Agreement.
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Excepted Risk has the meaning set out in clause 12.6.
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Examples of Excepted Risk in a sentence

  • Excepted Risk are risks due to riots (other than those on account of contractor’s employees), war (whether declared or not) invasion, act of foreign enemies, hostilities, civil war, rebellion revolution, insurrection, military or usurped power, any acts of Government, damages from aircraft, acts of God, such as earthquake, lightening and unprecedented floods, and other causes over which the contractor has no control and accepted as such by the Accepting Authority.

  • Excepted Risk 1 war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), terrorism, civil war, rebellion, revolution, insurrection or militarily usurped power, martial law or confiscation by order of any Authority; or 2 ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel not caused by a Participant, a Subcontractor or any of the Participants' Associates.

  • Contractor liability will also be reduced where the Loss was contributed to by an Excepted Risk.

  • If loss or damage (except loss or damage which is the direct consequence, without fault or omission on the part of the Contractor, of an Excepted Risk defined in Clause 15.3) occurs to anything while the Contractor is responsible for its care, the Contractor, to the extent that such loss or damage is not covered by the insurance policies effected under the Contract, shall at the Contractor’s own cost promptly make good the loss or damage.

  • Where the Principal has the obligation to effect and maintain insurance, the Contractor shall bear or pay any excess or deductible which is applicable to any claim made under any of the policies of insurance effected under Clauses 18 or 19 of the General Conditions of Contract, except where the claim is with respect to loss or damage which is the direct consequence, without fault or omission on the part of the Contractor, of an Excepted Risk defined in Clause 16.3 of the General Conditions of Contract.

  • If loss or damage (except loss or damage which is a direct consequence, without fault or omission on the part of the Contractor, of an Excepted Risk defined in Clause 5.3) occurs to anything while the Contractor is responsible for its care, the Contractor shall at the Contractor’s own cost promptly make good the loss of damage.

  • Excepted Risk are risks due to riots (other than those on account Of contractor's employees) war (whether declared or not} invasion, act of foreign enemies, hostilities, civil war.

  • If such damage or loss occurs the Contractor must, except in respect of an Excepted Risk, at its own cost promptly make good the damage or loss.

  • If loss or damage occurs to anything while the Managing Contractor is responsible for its care, the Managing Contractor shall promptly ensure the loss or damage is made good unless the loss or damage is a direct consequence, without fault or omission on the part of the Managing Contractor, of an Excepted Risk defined in clause 28.3.

  • If loss or damage (except loss or damage which is a direct consequence, without fault or omission on the part of the Contractor, of an Excepted Risk defined in Clause 16.3) occurs to anything while the Contractor is responsible for its care, the Contractor shall at the Contractor’s own cost promptly make good the loss or damage.


More Definitions of Excepted Risk

Excepted Risk means the occurrence of any of the following events:
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Excepted Risk means (i) war (whether declared or undeclared), civil war, act of terrorism, blockade, insurrection; or (ii) ionizing radiation, or contamination by radioactivity from nuclear fuel, or from any nuclear waste from the combustion of nuclear fuel properties of any explosive nuclear assembly or nuclear component thereof; or (iii) Named Windstorms which result in loss or damage in excess of the sublimits with respect to Named Windstorms under the Contractor’s All Risk property insurance policy(ies) obtained by Contractor pursuant to and in accordance with Article 16 and Appendix MM, and then only to the extent of such excess.
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Excepted Risk means any event beyond the reasonable control of a party that prevents that party from performing its obligations under this Agreement provided that such party demonstrates that: i it diligently attempted to perform its obligations notwithstanding the event and diligently took all prudent and reasonable steps to overcome the event, to avoid such non-performance, and to mitigate its impact; and Passenger Services Agreement ii such non-performance was not caused or contributed to by the acts or omissions of the Operator. Subject to the foregoing, an Excepted Risk may arise from the following events: a fire, flood, storm, earthquake, land slide, volcanic eruption, epidemic or other forces of nature; b confiscation, expropriation or embargo; c explosion or nuclear accident; d sabotage or terrorist activity or revolution, riot, act of war whether declared or not or warlike operations; e the withdrawal of the Operator’s Rail Operator Licence, where such withdrawal: i is not caused by any act or omission of the Operator; and ii results in the provision of any Services being unlawful or impossible; f change in Applicable Law which materially and adversely affects the performance by the Parent or the Operator of their respective obligations under this Agreement; or g any restriction on the Operator’s activities contained in any Relevant Agreement; or h any non-performance or negligent performance by any other party to any Relevant Agreement of its obligations under the Relevant Agreement where the Operator establishes to AT’s reasonable satisfaction that: i the Operator diligently managed the performance of the Relevant Agreement and took all prudent and reasonable steps to avoid such non-performance or negligent performance and to mitigate its impact; and ii such non-performance or negligent performance was not caused or contributed to by the acts or omissions of the Operator. However, the following will not be Excepted Risks on which the Operator is entitled to rely: i strikes or other labour disputes of the workforce of the Operator, its sub-contractors or suppliers, except to the extent such strikes or other labour disputes are outside the control of the Operator; j an event where the event could have, or it is likely that the event could have, been prevented, avoided, overcome or mitigated by the Operator by: i implementation of contingency plans; or ii exercising a reasonable standard of care; k any event or circumstance that arises from a breach of the Opera...
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Excepted Risk has the meaning given to that term in clause 16;
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Excepted Risk means (a) war (whether declared or undeclared), civil war, act of terrorism, blockade, insurrection (except for a Russian and Ukraine Conflict Event); or (b) ionizing radiation, or contamination by radioactivity from nuclear fuel, or from any nuclear waste from the combustion of nuclear fuel properties of any explosive nuclear assembly or nuclear component thereof; or (c) Named Windstorms.
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Excepted Risk means (a) war (whether declared or undeclared), civil war, act of terrorism, blockade, insurrection; or (b) ionizing radiation, or contamination by radioactivity from nuclear fuel, or from any nuclear waste from the combustion of nuclear fuel properties of any explosive nuclear assembly or nuclear component thereof; or (c) Named Windstorms which result in loss or damage in excess of the sublimits with respect to Named Windstorms under the Contractor’s All Risk property insurance policy(ies) obtained by Contractor pursuant to and in accordance with Article 16 and Appendix MM, and then only to the extent of such excess.
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Related to Excepted Risk

  • Excepted Property The meaning assigned in the Granting Clauses hereof.

  • Excepted Persons The meaning specified in Section 12.13(a).

  • Excepted Person Defined in Section 13.13(a).

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Permitted Leakage means any of the following:

  • Casualty Loss means, with respect to all or any portion of the Assets, any destruction by fire, storm or other casualty, or any condemnation or taking or threatened condemnation or taking, of all or any portion of the Assets.

  • excepted fund means any: (1) money market fund; (2) fund that issues securities that are listed on a national exchange; and (3) fund that affirmatively permits short-term trading of its securities, if its prospectus clearly and prominently discloses that the fund permits short-term trading of its securities and that such trading may result in additional costs for the fund.

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Excepted Payments means and include (i)(A) any right, title or interest to any indemnity (whether or not constituting Supplemental Rent and whether or not a Lease Event of Default exists) payable to either the Owner Lessor, the Lessor Manager, the Trust Company, or the Owner Participant or to their respective Indemnitees and successors and permitted assigns (other than the Indenture Trustee) pursuant to Section 2.3, 9.1, 9.2, 11.1 or 11.2 of the Participation Agreement, and any payments under any Tax Indemnity Agreement (provided that Excepted Payments shall not include any Periodic Rent) or (B) any amount payable by the Facility Lessee to the Owner Lessor or the Owner Participant to reimburse any such Person for its costs and expenses in exercising its rights under the Operative Documents or the South Point Ground Lease, (ii)(A) insurance proceeds, if any, payable to the Owner Lessor or the Owner Participant under insurance separately maintained by the Owner Lessor or the Owner Participant with respect to the Facility as permitted by Section 3(b) of Schedule 5.31 to the Participation Agreement or (B) proceeds of personal injury or property damage liability insurance maintained under any Operative Document or the South Point Ground Lease for the benefit of the Owner Lessor or the Owner Participant, (iii) any amount payable to the Owner Participant as the purchase price of the Owner Participant's right and interest in the Member Interest, (iv) all other fees expressly payable to the Owner Participant under the Operative Documents, (v) any payments in respect of interest, or any payments made on an After-Tax Basis, to the extent attributable to payments referred to in clause (i) through (vi) above; (vii) any amounts paid to the Owner Lessor as reimbursement for amounts expended pursuant to Section 20 of the Facility Lease; (viii) proceeds of the items referred to in clause (i) through (vii) above; and (ix) any rights to demand, collect, sue for, or otherwise receive and enforce payment of the foregxxxg amounts, including under the Calpine Guaranty, but without limiting clause (v) of this definition above.

  • fall risk means any potential exposure to falling either from, off or into;

  • BT Equipment means any equipment, including any Software, owned by or licensed to BT Group that is located at a Site for the provision of a Service.

  • Other Equipment is leasehold improvements, intangible property such as computer software and software licenses, equipment specifically designed or manufactured for Borrower, other intangible property, limited use property and other similar property and soft costs approved by Bank, including taxes, shipping, warranty charges, freight discounts and installation expenses.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Qualified machinery and equipment means all new industrial

  • Excepted Liens means: (i) Liens for taxes, assessments or other governmental charges or levies not yet due or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained; (ii) Liens in connection with workmen's compensation, unemployment insurance or other social security, old age pension or public liability obligations not yet due or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; (iii) operators', vendors', carriers', warehousemen's, repairmen's, mechanics', workmen's, materialmen's, construction or other like Liens arising by operation of law in the ordinary course of business or statutory landlord's liens, each of which is in respect of obligations that have not been outstanding more than ninety (90) days or which are being contested in good faith by appropriate proceedings and for which adequate reserves have been maintained in accordance with GAAP; (iv) any Liens reserved in leases for rent and for compliance with the terms of leases in the case of leasehold estates, to the extent that any such Lien referred to in this clause does not materially impair the use of the Property covered by such Lien for the purposes for which such Property is held by the Company or any Subsidiary or materially impair the value of such Property subject thereto; (v) encumbrances (other than to secure the payment of borrowed money or the deferred purchase price of Property or services), easements, restrictions, servitudes, permits, conditions, covenants, exceptions or reservations in any rights of way or other Property of the Company or any Subsidiary for the purpose of roads, pipelines, transmission lines, transportation lines, distribution lines for the removal of gas, oil, coal or other minerals or timber, and other like purposes, or for the joint or common use of real estate, rights of way, facilities and equipment, and defects, irregularities, zoning restrictions and deficiencies in title of any rights of way or other Property which in the aggregate do not materially impair the use of such rights of way or other Property for the purposes of which such rights of way and other Property are held by the Company or any Subsidiary or materially impair the value of such Property subject thereto; (vi) deposits of cash or securities to secure the performance of bids, trade contracts, leases, statutory obligations and other obligations of a like nature incurred in the ordinary course of business; and (vii) Liens permitted by the Senior Credit Documents.

  • Military equipment means weapons, arms, military supplies, and equipment that readily may be used for military purposes, including, but not limited to, radar systems or military-grade transport vehicles; or supplies or services sold or provided directly or indirectly to any force actively participating in armed conflict in Sudan.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Electrical Losses means all applicable losses, including the following: (a) any transmission or transformation losses between the CAISO revenue meter(s) and the Delivery Point; and (b) the Distribution Loss Factor, if applicable.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Existing Equipment means any items of existing plant or equipment owned or controlled by either Pur- chaser or End-User upon which Supplier is required to perform Services.

  • Event of Loss means, with respect to any Property, any of the following: (a) any loss, destruction or damage of such Property or (b) any condemnation, seizure, or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the requisition of the use of such Property.

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Special fuel means fuel oils and all combustible gases and liquids suitable for the generation of power for propulsion of motor vehicles or turbine-powered aircraft, and includes any substance used for that purpose, except that it does not include motor fuel. Kerosene shall not be considered to be a special fuel, unless blended with other special fuels for use in a motor vehicle with a diesel engine. Methanol shall not be considered to be a special fuel unless blended with other special fuels for use in a motor vehicle with a diesel engine.