Machinery Breakdown definition

Machinery Breakdown means a sudden and accidental breakdown of an Object, or part thereof, that necessitates repair or replacement of the Object or part thereof.
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Machinery Breakdown means Accidental Damage causing the actual breaking or burning out of any part of a machine necessitating repair or replacement before normal working can be resumed including (but not limited to) Damage directly resulting from:
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Machinery Breakdown means a probable event that consists in failure/breakdown or loss of insured machinery (parts of insured machinery) as a result of impact of internal or external factors on them, which is sudden and unforeseeable for the Insured/Beneficiary, including defects in cast and materials, design, manufacturing and installation errors, servicing errors, negligence of maintenance staff, shortage of water in boilers, physical explosion, rupture as a result of impact of centrifugal forces, short circuit, storm, frost, ice drift and other reasons (except for the below exclusions), upon occurrence of which the Insured/Beneficiary may incur unpredictable costs of restoration or replacement of the failed/lost machine. Unless otherwise provided by the Insurance Contract, the following shall not be regarded as machinery failure/breakdown: - soft failures; - degradation failures; - resource failures; - failures eliminated by adjustment or fine-tuning and also by software re-installation or replacement.
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Examples of Machinery Breakdown in a sentence

  • Boiler Explosion and Machinery Breakdown (for those Named Insured(s) that participate in this optional dedicated coverage).

  • Coverage: Shall insure against loss of revenue due to loss of capacity and/or loss of output as a direct consequence of loss or damage to the Facility caused by a peril insured under Machinery Breakdown insurance.

  • Machinery Breakdown Section The cover We will pay You in accordance with the Basis of Settlement for Breakdown to Machinery occurring at the Situation during the Period of Insurance.

  • This exclusion does not apply to Section 1 – Buildings and Common Contents, Section 2 – Glass, Section 3 – Theft, Section 5 – Fidelity Guarantee, Section 7 – Voluntary Workers, Section 8 – Government Audit Costs, Section 9 – Legal Expenses, Section 10 – Workplace, Health & Safety Breaches, Section 11 – Machinery Breakdown, Section 12 – Lot Owner’s Improvements or Section 13 – Workers’ Compensation.

  • Section 4 - Engineering machinery breakdownThe Company has arranged for Engineering Machinery Breakdown to be provided under this Policy via HSB Engineering Insurance Limited.

  • The cost and expense of any cure hereunder (including reasonable attorneys’ fees to the extent permitted by law), with interest as provided below, shall constitute a portion of the Debt and shall be due and payable to Lender upon demand.

  • Provided that this shall not apply to claims arising from loss or Damage claimable under the Optional Benefit of Section Nine – Machinery Breakdown.

  • Business Interruptions and Machinery Breakdown covers are excluded.

  • The liability of the Company in respect of any one loss or series of losses arising out of any one occurrence shall not exceed: a the amount or amounts specified in Section 1: Material Damage and Machinery Breakdown in the Schedule, as the Limit of Liability; or b any other applicable limit of liability under this Policy.

  • C Professional Fees The Company shall pay the cost of professional fees being those necessarily incurred in the repair, reinstatement or replacement, of the Insured Property consequent on it being subject to Material Damage or Machinery Breakdown, where insured by this Section.


More Definitions of Machinery Breakdown

Machinery Breakdown means unforeseen and sudden destruction or damage to any plant and machinery at the Demised Premises resulting from breakdown including destruction or damage caused by explosion due to force of internal steam gas or fluid pressure from any accidental cause while such plant and machinery is at work;
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Related to Machinery Breakdown

  • Breakdown /“breaks down”/“broken down” means an event during the policy period, that stops the vehicle from being driven because of a mechanical or electrical failure including as a result of battery failure, running out of fuel, flat tyres, but not as a result of a mis-fuel, road traffic collision, fire, flood, theft, acts of vandalism, any driver induced fault, or any key related issue other than keys locked in your vehicle;

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • Lockdown means the period between 23H59 on 26 March 2020, until 23H59 on 30 April 2020;

  • Boiler means an enclosed fossil or other fuel-fired combustion device used to produce heat and to transfer heat to recirculating water, steam, or other medium.

  • Electrical equipment means underground equipment that contains dielectric fluid that is necessary for the operation of equipment such as transformers and buried electrical cable.

  • Raw material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Shortage means that a grain dealer does not have a sufficient amount of farm produce by class and quality to cover the grain dealer's outstanding warehouse receipt obligations for that farm produce.

  • Outage has the meaning set forth in the CAISO Tariff.

  • Plant means the machinery and apparatus intended to form or forming part of the Works.

  • Tooling means tooling inventory, including but not limited to dies, molds, tooling, casting patterns, gauges, jigs, racks and stands for engines, cowls, radome and wheels, aircraft jacks, test benches, test equipment, lathes, welders, grinders, presses, punches and hoists and other similar items (whether or not completed or fixed or handheld).

  • Outages means the planned unavailability of transmission and/or generation facilities dispatched by PJM or the NYISO, as described in Section 35.9 of this Agreement.

  • Congenital Anomaly means a condition which is present since birth, and which is abnormal with reference to form, structure or position.

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

  • Malfunction means any sudden, infrequent, and not reasonably preventable failure of air pollution control equipment, process equipment, or a process to operate in a normal or usual manner. Failures that are caused in part by poor maintenance or careless operation are not malfunctions.

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Explosion means the sudden release of energy sufficient to cause pressure waves and/or projectiles that may cause structural and/or physical damage to the surrounding of the vehicle."

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Portable x-ray equipment means x-ray equipment designed to be hand-carried.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Contractor’s Equipment means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Employer’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Equipment.

  • Engines means, as of any date of determination, all Engines then leased hereunder.

  • Fabrication means making up data or results and recording or reporting them.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;